segment continued declining in 2017 due to intense competition of both animal feed and aquatic feed business in Thailand. Moreover, swine business was declined because of recession in swine price in past 2
has received total proceeds from the exercise of VGI-W1 warrants of THB 8,618mn1, or around 72% of maximum proceeds. The cash received was utilised for the acquisition of Kerry, while the remaining
VGI- W2 Warrants shall be 4 years from the issuance date. The warrant holders shall be entitled to exercise the warrants for the first time on the last business day of the first quarter after the
the Securities and Exchange Commission Notification of the Office of the Securities and Exchange Commission No. SorNor. 1/2548 Re: Rules for the Exercise of Fund’s Voting Rights at the Shareholders
Exercise ratio (warrant: common stock) 1 : 1 Exercise price (baht per share) 2.10 Term of warrants 3 years Exercise period Quarterly First exercise date 30 September 2020 Last exercise date 27 August 2021
Company with a par value of Baht 1 per share, to accommodate the exercise of the U-W3 Warrants, at the ratio of 1 unit of the U-W3 Warrants to 1 newly issued ordinary share, which would be allocated to BBL
revenue or THB 328mn decreasing by 1.5% YoY. Cost of sales decreased from THB 482mn to THB 466mn or THB 16mn due to the exercise of assets optimisation in the last quarter. Cost-to-sales ratio increased
outstanding 6,456,561,394 ordinary shares allocated to accommodate the exercise of the warrants to purchase the Company’s ordinary shares No. 2 (U-W2) (the “U-W2 Warrants”), which were not fully issued, and
warrants issued 1,711,334,815 units Exercise ratio 1 VGI-W2 to 1 ordinary share of VGI Exercise price THB 10.00 Terms 4 years Exercise period Quarterly Issuance date 11 September 2018 Expiration date 10