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Thai Credit Bank Subscribes to Newly Issued Shares in Thai Micro Digital Solutions Company Limited

Strategic Insights

— 1 min read

Thai Credit Bank Public Company Limited has approved the subscription to newly issued shares in its subsidiary, Thai Micro Digital Solutions Company Limited, at the Bank's Board of Directors' Meeting No. 8/2025. The meeting took place on August 26, 2025, and resolved to approve the subscription. This decision follows the Extraordinary General Meeting of Shareholders No. 1/2025 of Thai Micro Digital Solutions Company Limited, held on August 19, 2025, which approved an increase in the registered capital by THB 100,000,000. The Bank, holding 99.99997 percent of total sold shares, is entitled to subscribe to the newly issued shares.

Key Takeaways:

  • The Board of Directors' Meeting No. 8/2025 of Thai Credit Bank Public Company Limited approved the subscription to newly issued shares in Thai Micro Digital Solutions Company Limited on August 26, 2025.
  • Thai Micro Digital Solutions Company Limited increased its registered capital by THB 100,000,000 from THB 350,000,000 to THB 450,000,000, as approved by the Extraordinary General Meeting of Shareholders No. 1/2025 on August 19, 2025.
  • The new shares were allocated to existing shareholders in proportion to their shareholding, with Thai Credit Bank being entitled to subscribe to the newly issued shares.
  • The transaction does not constitute a connected transaction according to the Capital Market Supervisory Board Notification No. Tor. Jor. 21/2008.
  • The Bank plans to use the proceeds from this capital increase as working capital for the Company's operations.

Statistics:

  • THB 100,000,000: Increase in registered capital by Thai Micro Digital Solutions Company Limited.
  • THB 350,000,000: Original registered capital of Thai Micro Digital Solutions Company Limited.
  • THB 450,000,000: New registered capital of Thai Micro Digital Solutions Company Limited after the increase.
  • 10,000,000: Number of new ordinary shares issued.
  • 99.99997: Percentage of shares held by Thai Credit Bank in Thai Micro Digital Solutions Company Limited.
  • 3: Number of minority shareholders in Thai Micro Digital Solutions Company Limited.

Sources:

  • Stock Exchange of Thailand: Announcement from Thai Credit Bank Public Company Limited regarding the subscription to newly issued shares in Thai Micro Digital Solutions Company Limited. https://www.set.or.th/en/home

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