3rd Asian Excellence Recognition Awards 2013
Incorporation of Direct Wholly-Owned Subsidiary - D2C Services Co., Ltd.
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May 22, 2020
| Issuer | |
| Issuer/ Manager | THAI BEVERAGE PUBLIC CO LTD |
| Announcement Title | Change - Change in Corporate Information |
| Date & Time of Broadcast | May 22, 2020 22:19 |
| Status | New |
| Announcement Sub Title | Incorporation of Direct Wholly-Owned Subsidiary - D2C Services Co., Ltd. |
| Announcement Reference | SG200522OTHR1A4F |
| 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, D2C Services Co., Ltd. ("D2C Services"), in Thailand. THBEV holds 99.9998% in D2C Services while two shareholders hold one share each. D2C Services has a registered capital of Baht 10,000,000 consisting of 1,000,000 ordinary shares with a par value of Baht 10. D2C Services will be principally engaged in selling consumer products via a digital platform. 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 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 |
| Subsidiary | |
| Existing | NA |
| New | D2C Services Co., Ltd. |
| Registered Address | |
