Newsletter

KAMART increases PP sales capital to support business

“Karmart” increased capital by 220,001,980 shares, par value 0.60 baht per share, allocated to Wellsiam Company Limited 198,001,782 shares, representing 18.00% and QPE Fund 1 Limited, 22,000,198 shares, representing 2.00% supporting business groups together associated with the Company. In addition, prepare funds to support the company’s business in the future.

Ms revealed Suwannee Taracheevin, Secretary of the Board of Directors of Karmart Public Company Limited or KAMART, that the Board of Directors Meeting No. 4/2023 held on May 22, 2023 approved the reduction of the company’s registration by 1,190.40 baht from the original registration capital 528,000,000.00 baht is the registered capital new 527,998,809.60 baht by canceling 1,984 unsold ordinary shares plus approving a capital increase of 132,001,188.00 baht from the original registered capital 527,998,809.60 baht is a new registered capital 659,999,997.60 baht by issuing 220,001,980 share newly issued common holdings at par value (par) of 0.60 baht per share by allotment of the Company’s newly issued ordinary shares Either at one time or several times in the amount of not more than 220,001,980 shares at a par value of 0.60 baht per share in the form of a private placement offering to 2 people (Private Placement) at the offer price of 7.25 baht per share.

namely Wellsiam Company Limited, a company to be incorporated in Thailand, held 100% by Marubeni Corporation (Wellsiam) 198,001,782 shares, representing 18.00% of the company’s total issued shares and QPE Fund 1 Limited (which a company to be established in the Hong Kong Special Administrative Region Held by Quadrica Private Equity Company Limited 100% (QPE Fund 1) 22,000,198 shares, which is 2.00% of the company’s total issued shares.

For this capital increase to expand the company’s existing business. which is a business related to beauty products both domestically and internationally Including to be used as working capital in the company in order to get enough money for the business operations and expansion of the company’s business in the future. Where the capital increase for the 2 PP above will allow investors and investors shareholders to have a business group that is connected and supports each other with the company. The company anticipates the opportunity to grow a more diverse business. As well as increasing potential and confidence in the company’s business operations. It also creates opportunities for business growth overseas. as well as helping the company to obtain more liquidity from the working capital received from the capital increase. which will help strengthen financial strength to be used in the company’s business

The Company organized a Special General Meeting of Shareholders No. 1/2023 on August 3, 2023 at 2:00 pm in the meeting room on the 4th floor of the Company and decided the list of shareholders entitled to attend the meeting (Record date) on 5 July, 2023