Incorporated KETH Corporate Services Ltd., our wholly-owned subsidiary, in Hong Kong, with a registered capital of HKD10,000, to provide us with administrative and corporate support.
As of August 25, 2020, KETH Corporate Services Ltd. has not commenced any commercial operations.
Converted to and registered as a public company in Thailand.
Adopted the ESOP to grant share-based compensation awards to our employees, executives and directors.
Registered a capital increase from THB120 million to THB890 million, amended our par value to THB0.50 per share and amended our Memorandum to reflect our capital increase. The capital increase was approved at our shareholders’ meeting to accommodate the issuance and allocation of 1,540,000,000 newly issued shares as follows: (1) THB600 million up to 1,200,000,000 shares for the rights offering to all of our existing shareholders, which has been completed; (2) THB150 million up to 300,000,000 shares for the Combined Offering; and (3) THB20 million up to 40,000,000 shares to accommodate the exercise of warrants under the ESOP.