since it did not have sufficient fund for such debt repayment, the Company will be affected by a dilution in its shareholding in GJS, from its previous shareholding of 25.91 percent of the total issued

Enclosure 4 1 INFORMATION MEMORANDUM ON THE OFFERING OF THE NEWLY ISSUED ORDINARY SHARES OF G STEEL PUBLIC COMPANY LIMITED TO (1) THE EXISTING SHAREHOLDERS PRO RATA TO THEIR SHAREHOLDINGS (RIGHTS OFFERING) AND (2) A SPECIFIC INVESTOR (PRIVATE PLACEMENT) (Additions) July 14, 2017 Reference is made to the Board of Directors’ Meeting of G Steel Public Company Limited (the “Company”) No. 6/2017, held on July 14, 2017, at 4.30 p.m., which approved the capital increase of the Company by not more than...

before the offering. Thus, if the existing shareholders do not exercise their right, there may be a significant price dilution. However, MORE included the exercise of MORE-W3 warrants in the calculation of

dilution in Million Miles Co., Ltd., formerly a subsidiary of MILL. In this regard, MILL must submit the special audit report to the SEC by October 7, 2013 and disclose it via the Stock Exchange of Thailand

fully utilized, price dilution will be equal to 2.82%. 3 3.2 Earning per Share Dilution: EPS Dilution EPS Dilution = (EPS Before Offering – EPS After Offering) / EPS Before Offering EPS Before Offering

shareholdings, if the subscription right is fully utilized, price dilution will be equal to 2.82%. 3 3.2 Earning per Share Dilution: EPS Dilution EPS Dilution = (EPS Before Offering – EPS After Offering) / EPS

2.82%. 3.2 Earning per Share Dilution: EPS Dilution EPS Dilution = (EPS Before Offering – EPS After Offering) / EPS Before Offering EPS Before Offering = Trailing 12 Months Net Profits/1 / Existing Paid

account the reference market price during the period of 15 days before 28th February 2020. 3. Earnings per Share Dilution The earnings per share dilution will approximately equal to 18.18 percent

กรรมการกำกับหลักทรัพย์และตลาดหลักทรัพย์ ขอเรียนว่าเนื่องจากการออกและเสนอขาย warrant อาจส่งผลกระทบต่อราคาตลาดของหุ้นบริษัทจดทะเบียน (dilution effect) ดังนั้นคณะกรรมการบริษัทจึงควรใช้ความระมัดระวังรอบคอบ

(1) price dilution (2) earning per share dilution หรือ control dilution 4.7 สิทธิของผู้ถือหุ้นในการคัดค้านการเสนอขาย warrant ราคาต่ำ หรือหุ้นควบ warrant ราคาต่ำ แล้วแต่กรณี แล้วแต่กรณีโดยต้องไม่มีผู้