Page 264 - BTSGroup ONE REPORT 2021/22_EN
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262 l Introduction l Nature of Business l Organisation and Shareholding Structure l Business Review l Corporate Governance l Financial Statements l Other Information l
Purchase transactions of investment in the subsidiary Transactions for the year ended 31 March 2021
Purchase transactions of investment in the subsidiary
During March 2022, VGI issued and offered 2,583 million newly ordinary
shares to the existing shareholders on a pro rata basis (Rights Offering), The Company purchased 43 million ordinary shares of the subsidiary
at an offering price of Baht 5 per share, totaling Baht 12,917 million. at prices of Baht 5.70 - 7.30 per share, totaling Baht 301 million and
The Group submitted application to subscribe 1,333 million newly issued recorded deficit from the change in the ownership interests in subsidiary
ordinary shares with a par value of Baht 0.1 each, at an exercise price amounting to Baht 216 million.
of Baht 5 per share, totaling Baht 6,669 million.
Sale transactions of investment in the subsidiary
VGI received the cash of Baht 12,917 million from the issue of newly
ordinary shares on 2 April 2022 and registered the increase in its The Group sold 1,351 million ordinary shares of the subsidiary at
issued and paid-up share capital with the Ministry of Commerce on prices of Baht 6.00 - 8.15 per share and sold 74 million warrants of
8 April 2022. The Group therefore presented cash paid of the Group for the subsidiary at prices of Baht 0.70 - 0.96, totaling Baht 8,182 million
share subscription of Baht 6,669 million as “Cash to be received from (Separate financial statements: Baht 398 million) and recorded surplus
clearing house - share subscription of subsidiary” and the remaining from the change in the ownership interests in subsidiary amounting to
cash amounting to Baht 6,248 million as “Receivable from subscription Baht 4,440 million in the consolidated financial statements and gain on
for newly issued ordinary shares of subsidiary” in the consolidated sales of investment in subsidiary amounting to Baht 31 million in the
statement of financial position. The Group also recorded the effect separate financial statements.
of non-controlling interests of the subsidiaries amounting to Baht
6,248 million in the shareholders’ equity in the consolidated statement 14.4 Rabbit Cash Company Limited (“RCash”) (held by BSS
of financial position as of 31 March 2022. The Group presented cash Holdings Company Limited (“BSSH”))
paid of the Group for share subscription under caption “Advances for
acquisitions of assets” in the separated statement of financial position On 22 March 2021, a meeting of VGI’s Executive Committee passed
as of 31 March 2022. resolution to approve BSSH to increase its registered share capital in
an amount of 6,160,000 shares, with a par value of Baht 100 per share,
or a total of approximately Baht 616 million for the investment in RCash.
On 12 April 2021, VGI subscribed newly issued ordinary shares of BSSH
which is issued and offered to its existing shareholders on a pro rata
basis to its respective shareholding (Rights Offering) in the amount of
5,544,000 shares, with the total value of Baht 554 million and VGI fully
paid up the shares on 22 April 2021. BSSH registered the increase in
share capital on 23 April 2021.
