Page 17 - TYCONS - ANNUAL REPORT 2022

Tycoons Worldwide Group (Thailand) Plc.

company can consider building real estate for sale and rent to get continuous returns benefits
and to prevent impairment loss of the reappraised investment price and receive a consistent
return on investment.
The Company and its parent company TGI have invest 49% and 51% respectively in
September 2022 by establish a new company, Fastbolt International Pte. Ltd. in
Singapore, with a total investment of EUR 4,557,000 and Fastbolt International Pte.Ltd.
acquired 79% of the shares of Fastbolt Group GmbH.
Founded in 1982, Fastbolt Group GmbH focused on import various of fasteners for European
distributors until today. Fastbolt Group GmbH have warehouses in Germany, UK and
Portugal to distribute fastener products covering all West Europe. The product categories
cover from small screws, bolts, nuts and washers. This investment brings TYCN many
opportunities and advantages, including expanding the market layout in Europe, reducing
production costs, and obtaining Fastbolt market information to better meet market demand
and grasp market changes.

1.3 Shareholding Structure
1.3.1 Shareholding structure of the group of companies

Tycoons Group Enterprises Co., Ltd (TGE)
(Taiwan)
Registered capital: NT$7,000 million (as of December 31, 2022)
Paid-in capital: NT$4,798 million (as of December 31, 2022)

100%
Tycoons Group International Co., Ltd (TGI)
(Cayman Island)

Registered capital: USD500 million (as of December 31, 2022)
Paid-in capital: USD189 million (as of December 31, 2022)

30.14%

Tycoons Worldwide Group (Thailand) Public Co., Ltd(TYCN)
(Thailand)
Registered capital: THB 4,476 million (as of December 31, 2022)
Paid-in capital: THB 4,476 million (as of December 31, 2022)

44.99% 49.00%
KDB Co., Ltd (TY) Fastbolt International Pte. Ltd.
(Thailand) (Singapore)
Registered capital: THB 159.64 million Registered capital: EUR 9,300,000
(as of December 31, 2022) (as of December 31, 2022)

Paid-in capital: THB159.64 million Paid-in capital: EUR 9,300,000
(as of December 31, 2022) (as of December 31, 2022)

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