Global Consumer Public Company Limited Proposes Reverse Stock Split and Capital Reduction Plan

The Board of Directors of Global Consumer Public Company Limited has made important resolutions to propose a reverse stock split and capital reduction plan to offset accumulated losses at its meeting on June 18, 2025. The plan, which will be put to a shareholders' meeting for approval, involves changing the par value of the company's shares from 0.50 baht to 1.50 baht, resulting in a reduction of 3,419,362,802 shares. This change will lead to a decrease in the number of shares held by each shareholder at a ratio of 3 existing ordinary shares to 1 new ordinary share.

Key Takeaways:

• The Board of Directors of Global Consumer Public Company Limited proposes a reverse stock split and capital reduction plan to offset accumulated losses.
• The plan involves changing the par value of the company's shares from 0.50 baht to 1.50 baht, resulting in a reduction of 3,419,362,802 shares.
• The number of shares will decrease from 5,129,044,203 to 1,709,681,401, and each shareholder's holding will be reduced at a ratio of 3 existing shares to 1 new share.
• The proposed change aims to mitigate the accumulated losses of the company and improve its financial stability.
• The shareholders' meeting will consider and approve the proposal, which was made on June 18, 2025.
• The document detailing the proposal is available on the Stock Exchange of Thailand's website.

Statistics:

• Original number of shares: 5,129,044,203
• New number of shares: 1,709,681,401
• Reduction in shares: 3,419,362,802 (or 66.52% of original shares)
• Reduction in par value per share from 0.50 baht to 1.50 baht