Apr 07, 2023
Incorporation Of Direct Wholly-Owned Subsidiary - FSR Management Co., Ltd.

Issuer
Issuer/ Manager THAI BEVERAGE PUBLIC CO LTD
Announcement Title Change - Change in Corporate Information
Date & Time of Broadcast Apr 7, 2023 20:01
Status New
Announcement Sub Title Incorporation of Direct Wholly-Owned Subsidiary - FSR Management Co., Ltd.
Announcement Reference SG230407OTHRUOYN
Submitted By (Co./ Ind. Name) Nantika Ninvoraskul
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) We, Thai Beverage Public Company Limited ("THBEV"), would like to announce that THBEV has incorporated a new wholly-owned subsidiary, FSR Management Co., Ltd. ("FSR Management"), in Thailand. THBEV holds 99.9999% in FSR Management while one shareholder holds one share.

FSR Management has a registered capital of Baht 10,000,000 consisting of 1,000,000 ordinary shares with a par value of Baht 10. FSR Management will be principally engaged in distribution of spirits, beer, and non-alcoholic beverage to restaurants.

The aforesaid investment was funded through internally generated funds and is not expected to have any material impact on the earnings per share and net tangible assets of THBEV for this financial year.

To the best knowledge of the directors of THBEV (the "Directors"), neither of the Directors nor substantial shareholders of THBEV have any direct or indirect interest (other than through their respective shareholdings in THBEV), in the aforesaid transaction.

Please be informed accordingly.

Yours faithfully,

Nantika Ninvoraskul
Company Secretary
Place Of Incorporation
Existing Thailand
New  
Subsidiary
Existing NA
New FSR Management Co., Ltd.
Registered Address