BTS RAISES CAPITAL FOR FUTURE RAIL EXPANSION
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BTS Group Holdings Plc’s board of directors has approved an increase in its registered capital from the current Bt52.77 billion to be Bt62.61 billion, the company’s chairman and chairman of the board Keeree Kanjanapas said yesterday.
The company will separate its new 2,461.64 million shares at the par value of Bt4 per share for four plots. The first will reserve for its warrant BTS-W4 about 24.07 million shares, the next for its warrant BTS-W5 about 1,319.57 million shares, the next for its warrant BTS-WE that is held by its staff, and the last about 1,100 million shares will be offered under private placement. “We have increased our capital to serve our future business expansion for the rail system,” he said.
