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Incorporation Of Indirect Wholly-Owned Subsidiary - The QSR Of Asia Co., Ltd.

Back Aug 07, 2017
Announcement Title Change - Change in Corporate Information
Date & Time of Broadcast Aug 7, 2017 18:22
Status New
Announcement Sub Title Incorporation of Indirect Wholly-Owned Subsidiary - The QSR of Asia Co., Ltd.
Announcement Reference SG170807OTHRT8IA
Submitted By (Co./ Ind. Name) Vaewmanee Soponpinij
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) We, Thai Beverage Public Company Limited ("THBEV"), would like to announce that Food of Asia Co., Ltd. ("FOA"), a direct wholly-owned subsidiary of THBEV, has incorporated a new wholly-owned subsidiary, The QSR of Asia Co., Ltd. ("QSR"), in Thailand. FOA holds 99.9998% in QSR while the two direct wholly-owned subsidiaries of THBEV hold 1 share each.

QSR has a registered capital of Baht 10,000,000 consisting of 1,000,000 ordinary shares with a par value of Baht 10. QSR will be principally engaged in food and beverage services.

The aforesaid investment was funded through internally generated funds and is not expected to have any material impact on the earnings per share and net tangible assets of THBEV for this current financial year.

To the best knowledge of the directors of THBEV (the "Directors"), none of the Directors or substantial shareholders of THBEV has any direct or indirect interest in the aforesaid transaction.

Please be informed accordingly.

Yours faithfully,

Vaewmanee Soponpinij
Company Secretary
Place Of Incorporation
Existing Thailand
Existing NA
New The QSR of Asia Co., Ltd.
Registered Address