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Tycoons Worldwide Group Reports TDR Movement and Alteration to Common Shares

Strategic Insights

— 1 min read

Tycoons Worldwide Group (Thailand) Public Company Limited has announced the movement of Taiwanese Depository Receipts (TDR) and their alteration to the company's common shares. The development involves the issuance and sale of TDRs in Taiwan, with a total amount of 441,000,000 NTD, equivalent to 30,000,000 units. Each TDR unit represents 60,000,000 shares, with each share equaling two common shares of the company.

Key Takeaways:

  • The Tycoons Worldwide Group (Thailand) Public Company Limited issued TDRs in Taiwan on May 12 and August 4, 2011, with reference numbers 1000020825 and 1000034677, respectively.
  • The TDRs amount to 30,000,000 units, with a total value of 441,000,000 NTD.
  • Each TDR unit represents 60,000,000 shares, with each share equaling two common shares of the company.
  • The company prioritized its original shareholders in exercising subscription rights and capital increase through retained earnings or capital surplus, resulting in no additional units issued.
  • The common shares have undergone alteration from TDR units, with no convertible bonds or warrants issued.
  • The transaction is subject to the capital increase in cash and issuance of new shares.

Statistics:

  • 441,000,000 NTD: Total amount of TDRs issued and sold in Taiwan.
  • 30,000,000: Number of TDR units issued and sold in Taiwan.
  • 60,000,000: Number of shares represented by each TDR unit.
  • 2: Number of common shares equivalent to one share.
  • May 12 and August 4, 2011: Dates of TDR issuance in Taiwan.

Sources:

  • Company announcement from the Stock Exchange of Thailand

https://www.set.or.th/en/home

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