Schedule of Shareholders' meeting
Subject : Schedule of Extra-General Meeting of
Shareholders
Date of Board resolution : 17-Jan-2022
Shareholder's meeting date : 01-Mar-2022
Beginning time of meeting (h:mm) : 14 : 00
Record date for the right to attend the : 01-Feb-2022
meeting
Ex-meeting date : 31-Jan-2022
Significant agenda item :
- Capital increase
- The issuance of convertible securities
Venue of the meeting : International Research Corporation
Public Company Limited 199 Column Tower, 7th Floor Ratchadapisek Road, Khlong
Toei Subdistrict, Khlong Toei District, Bangkok 10110
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Increasing Capital
Subject : Specifying the purpose of utilizing
proceeds
Date of Board resolution : 17-Jan-2022
Number of additional common shares : 117,749,766
(shares)
Total of additional shares (shares) : 117,749,766
Par value (baht per share) : 0.50
Type of allocated securities : Common shares
Allocated to : Reserved shares for the exercise of
convertible securities
Number of allotted shares (shares) : 117,749,766
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Issued Convertible Securities
Subject : Issued convertible securities
Date of Board resolution : 17-Jan-2022
Type of allocated securities : Convertible debentures
Allocate to : Private placement (PP)
Person(s) receiving allotment(s) :
Advance Opportunities Fund (AO Fund) and Advance Opportunities Fund 1 (AO
Fund 1)
Number of allotted convertible : 300,000
debentures (units)
Reserved shares for the exercise of : Common shares
convertible debentures
Number of additional shares (shares) : 117,749,766
Description of convertible debentures
Name of convertible debentures : Convertible Debentures of
International research corporation Public co.,Ltd.
(Update)
Term of convertible debentures :
3 years after the issuance of each Tranche
Remark :
Conditions of the Issuance of Convertible Debentures and The price and exercise
ratio will be informed later. (The Company will gradually issue the Convertible
Debentures in tranches respectively. In each tranche, the Company will gradually
issue each set in each tranche according to the Company's financial needs. The
issuance of convertible debentures is subject to the completion of the
conditions precedent which are: Permission from the Securities and Exchange
Commission and other relevant agencies, including the terms and conditions of
the Convertible Debentures. The price not lower than 90% of the market price,
whereas the market price is calculated based on the weighted average price of
the Company's shares traded on the Stock Exchange of Thailand for not less than
7 consecutive business days, but not more than 15 consecutive business days
prior to the date that the convertible bond holders exercise their conversion
rights. The weighted average price is calculated from the closing price weighted
by the trading volume of each consecutive business days. Conversion Ratio is
Principle amount of the Convertible Debentures divided by the conversion price )
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