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Important changes and events in the business and management of the company

Year

Events

2005

 

 

 

 

  • Issued 41 million shares for sale to the public and 4 million shares to directors and employees.
  • Listed on MAI of Stock Exchange of Thailand on 27 January 2005.
  • Received Excellent Industrial Award of 2005 in SME Management category from the Prime Minister held by Department of Industrial Promotion, Industrial Ministry
  • Increased registered capital from 165 million Baht to 247.50 million Baht by issuing Warrants to shareholders up to 82,500,000 unit with conversion ratio of 2 shares per  warrant (round down)

2007

 

 

 

  • Increased registered capital from 247.50 million Baht to 350 million Baht by offering 85.50 million shares at 1 Baht/share to the public and prepared for first warrant exercise of 17.00 million shares.
  • Started operation at the second factory in Pin Thong Industrial Park, Chonburi

2008

 

 

  • The company invested 144.95 million Baht for 999,680 shares in De Lamai company limited which operated a hotel business in Koh Samui, Suratthani

2009

 

 

  • Changed par value of shares from 1 Baht to 0.50 Baht and changed number of registered shares from 350,000,000 shares to 700,000,000 shares. This resulted in outstanding shares from 251,592,417 shares to 503,184,834 shares.
  • ISO 9001 : 2008 certified

2010

 

 

 

  • Received approval from extraordinary shareholders meeting to issue 25,100,000 units of free ESOP-1 to directors and employees
  • Received approval from extraordinary shareholders meeting to issue 219,611,940 free second warrant (CIG-W2) units to existing shareholders with the ratio of 1 share to 0.43637118 unit of CIG-W2

2011

 

 

  • Received approval from extraordinary shareholders meeting to issue 3,048,173,915 free third warrant (CIG-W3) units to existing shareholders with the ratio of 1 share to 5 units of CIG-W3

2012

 

 

 

  • CIG-W2 expired with remaining shares of 13,555,079 shares.
  • Bank of Ayudhya transferred De Lamai’s loan account to Bangkok Asset Management (BAM)
  • CIG-W3 expired with remaining shares of 213,003,580 shares.

2013

 

 

 

 

 

  • Received approval from ordinary shareholder’s meeting to issue 601,836,915 free third warrant (CIG-W4) units to existing shareholders with the ratio of 1 share to 2 units of CIG-W4
  • ESOP-1 expired with outstanding shares of 1,761,399 shares
  • The subsidiary: CIG (Thailand) company limited, signed an agreement to sell its investment in ordinary shares of Shenzhou Xiai Heating and Refrigeration Equipment Manufacture Company limited at the price of 17.55 million Baht to another non-related company.

2014

 

 

 

 

 

 

 

 

  • CIG-W4 expired with outstanding shares of 38,074,641 shares.
  • A subsidiary, CIG (Thailand) Co.,Ltd. invested in Fakwantip Co.,Ltd.
  • The civil case with a debtor namely Mrs. Suthasinee Setapan or Mutamara has been closed after the Civil Court dismissed the objector, the defendant of the case. The asset went into an auction according to Civil Court’s order. The company entered and won the auction to buy the collateral asset at 60 million Baht and the company has received title deed transfer.
  • The subsidiary, De Lamai Company Limited, received a debt restructuring approval from Bangkok Commercial Asset Management Company Limited. for repayment of 102 million Baht to settle all of its outstanding debts.
  • The company financially support its subsidiary, De Lamai Company Limited, by granting a 102 million Baht loan for debt repayment to Bangkok Commercial Asset Management Company Limited.

2015

 

 

 

 

 

  • 20 April : Annual General Meeting of shareholders for the year 2015.
  • 20April : Received approval from ordinary shareholder’s meeting to issue 216,185,556 free fifth warrant (CIG-W5) units to existing shareholders with the ratio of 4 share to 1 units of CIG-W5
  • Rebranding to make it easier to remember and signs of change to be more international
  • 29 September : Signed an agreement to distribute its products, Kingspan Insulated Panel Pty Limited, manufacturer of Insulation Panel from Australia

 

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