Sunday, September 22, 2019

MACO plans increase in registered capital

Feb 15. 2019
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By The Nation

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Master Ad Public Company Limited (MACO) chairman Mana Jantanayingyong and other directors held an Extraordinary General Meeting in January at the Chao Phraya Park Hotel.

The meeting approved an increase in the company’s registered capital according to the shareholding ratio (rights offering) and an offer of newly issued ordinary shares in the amount of Bt41.26 million by issuing 412,668,177 ordinary shares at a par value of Bt0.10 per share, at the rate allocated – 10 existing ordinary shares per 1 new ordinary share – whereby the fraction of shares shall be disregarded at the offering price of Bt1.60 per share in order to enhance the business potential in accordance with the company’s vision.

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