Light Up Total Solution Public Company Limited Increases Registered Capital through Private Placement

Strategic Insights -

Light Up Total Solution Public Company Limited, listed on the Stock Exchange of Thailand, has made a significant move to increase its registered capital through a private placement. On May 26, 2025, the company held its Extraordinary General Meeting of Shareholders, where it resolved to boost its registered capital from 103,300,000 Baht to 119,300,000 Baht by issuing 32,000,000 new ordinary shares with a par value of 0.50 Baht. This decision was made to accommodate the allocation of shares to EN Global Holdings Co., Ltd. (ENGH) for the purchase of E.N. Soft Co., Ltd.'s (ENS) shares through an entire business transfer, involving all assets, debts, rights, and liabilities.

Key Takeaways:

  • Light Up Total Solution Public Company Limited has increased its registered capital from 103,300,000 Baht to 119,300,000 Baht through a private placement of 32,000,000 new ordinary shares with a par value of 0.50 Baht.
  • The company aims to settle the consideration for the purchase of E.N. Soft Co., Ltd.'s (ENS) shares held by EN Global Holdings Co., Ltd. (ENGH) using the newly issued shares instead of cash payment.
  • The total value of the newly issued shares is equivalent to 214,400,000 Baht, with an offering price of 6.70 Baht per share.
  • EN Global Holdings Co., Ltd. will receive the newly issued shares in exchange for its existing shares in E.N. Soft Co., Ltd.
  • The entire business transfer includes all assets, debts, rights, and liabilities of EN Global Holdings Co., Ltd. as of the effective date of the transfer.
  • E.N. Soft Co., Ltd. holds 17,144,000 shares in its subsidiary, Loop Drive Group Co., Ltd., with a par value of 100 Baht each.
  • EN Global Holdings Co., Ltd. currently holds 100,000 shares in E.N. Soft Co., Ltd. with a par value of 100 Baht each, representing 100% of the total shares.

Statistics:

  • Registered capital increase: 103,300,000 Baht to 119,300,000 Baht.
  • Number of new shares issued: 32,000,000
  • Par value of new shares: 0.50 Baht
  • Total value of new shares: 214,400,000 Baht (32,000,000 shares * 6.70 Baht per share)
  • Shares to be allocated to EN Global Holdings Co., Ltd.: 32,000,000
  • Offering price per share: 6.70 Baht

Sources:

  • Stock Exchange of Thailand (https://www.set.or.th/en/home)