Page 135 - Microsoft Word - One-Report-Eng 2024 Final.docx

Tycoons Worldwide Group (Thailand) Plc.

13.2 Details of changes in investments in subsidiaries

2024
Green Engineering Holding Co., Ltd.

During the first quarter of 2024, Green Engineering Holding Co., Ltd. called for an additional
payment of 30 percent of the total shares, and the Company made full payment for the shares,

totaling Baht 49,499,700, in accordance with its shareholding proportion.
Moreover, during the first quarter of 2024, Green Engineering Holding Co., Ltd. invested in the
1,500,000 ordinary shares of Siam PC Products Co., Ltd. at the price of Baht 100 per share,
and the company made full payment amounting to Baht 150,000,000 (representing 75.68

percent of the registered share capital). Siam PC Products Co., Ltd. is primarily engaged in
manufacture and distribution of PC strand.

On 29 April 2024, Siam PC Products Co., Ltd. increased its registered share capital from Baht
198,200,000 (1,982,000 ordinary shares with a par value of Baht 100 per share) to Baht
250,000,000 (2,500,000 ordinary shares with a par value of Baht 100 per share). Green
Engineering Holding Co., Ltd. did not make an additional investment in the newly issued
ordinary shares. As a result, the shareholding percentage in this company decreased from 75.68
percent to 60.00 percent.

On 8 October 2024, the Extraordinary General Meeting of Shareholders of Siam PC Products
Co., Ltd. passed a resolution approving the acquisition of 5,100 ordinary shares of Mega
Import-Export Company Limited at the price of Baht 400 per share, and the full payment was
made amounting to Baht 2,040,000 (representing 51 percent of the registered share capital).
Mega Import-Export Company Limited is primarily engaged in importing and exporting rebar,

wire rods, steel plates, and steel of various sizes.
2023

K D B Company Limited

On 8 March 2023, the Company’s Board of Directors’ Meeting passed a resolution approving
the acquisition of shares for capital increase in K D B Company Limited, whereby the
subsidiary increased its share capital from Baht 159,636,000 (159,636 ordinary shares with
a par value of Baht 1,000 per share) to Baht 269,636,000 (269,636 ordinary shares with a par
value of Baht 1,000 per share) through issuance of new ordinary shares of Baht 110,000,000

(110,000 ordinary shares with a par value of Baht 1,000 per share). The Company purchased
49,494 ordinary shares of the additionally issued ordinary shares and made full payment
amounting to Baht 49,494,000. As a result, the share capital increase had no effect to the
Company’s existing shareholding percentage in the company.

The subsidiary registered the share capital increase with the Ministry of Commerce on 17
March 2023.
122