Takuni Group Public Company Limited to Issue Convertible Bonds up to 100,000 Units
The Stock Exchange of Thailand has announced that Takuni Group Public Company Limited (Takuni Group) will issue Convertible Bonds in an amount not exceeding 100,000 units to existing shareholders. This decision was made at the company's Board of Directors meeting on May 13, 2025. The Convertible Bonds will be offered at an offering price of 1,000 baht per unit, with a total offering value not exceeding 100,000,000.00 baht. The conversion price is set at 2.00 baht per share. The proceeds from the issuance and offering of these Convertible Bonds will be used as working capital for Takuni Group.
Key Takeaways:
- The meeting of the Board of Directors No. 6/2025, held on May 13, 2025, approved the proposal to issue and offer Convertible Bonds to existing shareholders.
- The total offering value of the Convertible Bonds will not exceed 100,000,000.00 baht, with an offering price of 1,000 baht per unit.
- The conversion price is set at 2.00 baht per share, with a subscription ratio of 8,000 original shares to 1 Convertible Bond unit.
- Existing shareholders will be entitled to receive the allocation in proportion to their shareholding, with any fraction discarded in the calculation.
- Shareholders who hold less than 8,000 shares will not receive the right to subscribe for the Convertible Bonds in proportion to their rights, but may subscribe in excess of their rights.
- The existing shareholders who are entitled to receive the allocation may choose to subscribe for the Convertible Bonds in accordance with their rights, less than or in excess of their rights, or waive their rights to subscribe.
Statistics:
- Total offering value: no more than 100,000,000.00 baht
- Offering price per unit: 1,000 baht
- Conversion price per share: 2.00 baht
- Subscription ratio: 8,000 original shares to 1 Convertible Bond unit
Sources:
- Stock Exchange of Thailand: https://www.set.or.th/en/home (Company Announcement: Takuni Group Public Company Limited)