Page 5 - Microsoft Word - One-Report-Eng 2024 Final.docx

Tycoons Worldwide Group (Thailand) Plc.

1.1.2 Significant change and development
Change in shareholding structure
On August 15, 2023, Tycoons Group International Co., Ltd. (hereinafter referred to as “TGI”), the
Company's major shareholder, transferred 180,470,477 TYCN shares, representing 30.24% of the
Company's total shares, to Tycoons Group Enterprise Co., Ltd. (hereinafter referred to as “TGE”), the

parent company of TGI, has resulted in the present Major shareholders of the company changed
from (“TGI”) to (“TGE”).

New investment acquisition

Investment in subsidiaries

Green Engineering Holding Co., Ltd. (hereinafter called “GEH”)
During the current period, Green Engineering Holding Co., Ltd. has called for additional share
payment of 30% of the total share value to be paid amount THB 90,000,000. Which the Company has
paid in full amount of 49,499,700 baht in proportion to the shareholding 51%. The company's current
paid-in capital is THB 165,000,000.

On May 11, 2023, the Board of Directors' meeting resolved to approve the investment. Purchasing
additional capital shares of Green Engineering Holding Co., Ltd., a newly established company in

Thailand, in the amount of 164,999 shares, in the amount of 164,999,000 baht, as shareholders. At a
ratio of 54.99%, it operates the business of investing in land and other companies.

Siam PC Products Co., Ltd. (hereinafter called “SPC”) The Subsidiary Company of GEH

On 28 February 2024, the Board of Directors’ Meeting resolved to approve a joint investment in a
subsidiary company through Green Engineering Holding Co., Ltd. (the Company holding 55% of the
shares), hereinafter referred to as (“GEH”), with an initial registered capital of THB 500,000. The par
value per share is THB 100. On March 20, 2024, the company's registered capital will be increased
to THB 250,000,000 and shareholders will subscribe and receive capital in installments according to
their shareholding ratio. On April 29, 2024, 100% capital contribution and paid-in capital registration
has been completed.

Mega Import-Export Co., Ltd. (hereinafter called “MEGA”) The Subsidiary Company of SPC
On 21 November 2024, the Company invested in a new subsidiary company through Siam PC
Products Co., Ltd. by holding 5,100 shares, representing 51% of the total shares of Mega Import-

Export Co., Ltd., hereinafter referred to as (“MEGA”), for an amount of THB 2,040,000 from original
shareholders.To expand the company's business in Import-Export and to selling Steel wires for
prestressed concrete (PC wires & PC strands) and other steel related products.

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