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Company Background

Major Development in 2015

  • Closed and merged 1 branch

History

  • CGS was established Country Group Holdings Public Company Limited (“CGH”) to be a holding company of CGS, and CGH made a tender offer for all the securities of CGS
  • Opened 1 new branch , and closed and merged 1 branch
  • Decreased of the registered and paid-up capital from Baht 3,149.55 million to Baht 2,330.81 million by canceling the 818.74 unissued ordinary shares
  • Increased of registered capital from Baht 2,330.81 million to Baht 3,189.79 million by issuing of ordinary new shares at the amount of 858.98 million at a par value of Baht 1 per share.
  • Increased of paid up capital from Baht 2,330.81 million to Baht 2,589.74 million on 21 May 2013
  • Appointed Ms. Sudthida Chirapatsakul and Mr. Chanachai Joonjiraporn as Chief Executive Officer , replacing Dr. Prasit Srisuwan, which effective on 1 November 2013
  • Appointed Mr. Suwit Ratanayanont as President ,effective November 1,2013
  • Appointed Mr. Supakrit Choksukthanapong as Managing Director of retail brokerage 4, replacing Mr. Suwit Ratanayanont, which effective on 1 November 2013
  • Appointed Mr. Chanachai Joonjiraporn as Director (no management authority) , replacing Dr. Prasit Srisuwan who resigned , which effective on 4 November 2013
  • Appointed Mr. Tommy Taechaubol as Director (Management Authority) , effective on 25 November 2013
  • CGS was established Country Group Holdings Public Company Limited (“CGH”) to be a holding company of CGS, and CGH made a tender offer for all the securities of CGS
  • Appointed Mr. Tommy Taechaubol as Director (no management authority), replacing Mr. Totsachai Asvinvichit who resigned, effective May 29, 2012.
  • Appointed Mr. Chanachai Joonjiraporn as Managing Director, effective May 1.2012, and appointed as Executive director, effective May 29, 2012
  • Increased paid up capital from Baht 2,330.76 million to 2,330.81 million that from exercising of warrant 5 which expired on January 18, 2013.
  • Appointed Dr, Prasit Srisuwan as Chief Executive Officer, effective May 1, 2011 onwards.
  • Appointed Ms. Netchanok Anawan as head of accounting and finance division, effective April 1, 2011 onwards.
  • Police Major General Werapong Chuenpagdee was appointed as Director (no management authority), replacing director who resigned, effective November 23, 2011.
  • Appointed Mr.Nipon Wisityuthasart as independent director replacing resigned director, effective November 23, 2011.
  • On January 25. 2010. the Company increased in paid-up capital from Baht 1.866.37 million to Baht 2,330.76 million.
  • Dr,Prasit Srisuwan was appointed as acting Chief Executive Officer, replacing Mr. Bee Taechaubol who resigned, effective September 7, 2010 onwards.
  • Ms. Sudthida Chirapatsakul was appointed as director (authorize to manage), replacing Mr.Bee Taechaubol who resigned. effective September 29. 2010 onwards.
  • Ms. Netchanok Anawan was appointed as acting head of accounting and finance division, and senior vice president of accounting and finance division, replacing Ms. Luxamee Kongvatanasest /Senior Executive Vice President of accounting and finance division, effective November 1, 2010 onwards.
  • The Company has increased its investment proportion in MFC Asset Management Plc. to 22.5 percent of its registered capital, which MFC became the associated company.
  • 16 new branches were opened and 3 branches were closed and merged.
  • Decrease of the registered capital from Baht 4,916.51 million to Baht 4,195.89 million by canceling the 720.62 unissued ordinary shares.
  • Decrease of the Company's registered and paid-up capital from Baht 4,195.89 million to Baht 4,038.14 million by decreasing the 157.75 million shares in order to compensate the Company's accumulated losses as at September 30, 2008 of Baht 157.75 million.
  • Decrease of the Company's registered and paid-up capital from Baht 4,038.14 million to Baht 2,300.00 million by decreasing the 1,738.14 shares in order to refund Baht 1,738.14 million to the Company's shareholders.
  • The Company changed its name from Adkinson Securities PLC to Country Group Securities PCL.
  • The Company decreased its registered and paid-up capital from Baht 2,300.00 million to Baht 1,866.37 million by decreasing the 433.63 million shares in order to compensate the Company's accumulated losses of Baht 433.63 million as at June 30, 2009.
  • Issued and offered new ordinary shares not exceeding 466.59 million shares, at a par value of Baht 1.00 per share to the existing shareholders in pro rata basis, by ratio of 4 existing ordinary shares to 1 new ordinary share at the price of Baht 1.30 per share.
  • Issued and offered Warrants to purchase the Company’s ordinary shares No.5 in the amount not exceeding than 466.59 million units to the existing shareholders who subscribe for new ordinary shares and were allocated at the ratio of 1 new ordinary share per 1 unit of Warrant for free. 1 unit of Warrant was entitled to purchase 1 new ordinary share at the price of Baht 1.50 per share.
  • The Company issued and offered Warrants to purchase the Company’s ordinary shares under ESOP Program No.1 in the amount not exceeding 350.00 million units to directors, management, employees, and/or advisors of the Company for free. 1 unit of Warrant was entitled to purchase 1 new ordinary share at the price of Baht 1.50.
  • Increased of the registered capital of the Company from Baht 1,866.37 to Baht 3,149.55 million by issuing of 1,283.18 million new ordinary shares at a par value of Baht 1 per share.
  • Adkinson Securities sold and transferred all of its shares in Apex Securities to Merrill Lynch Holdings (Mauritius).
  • The Company was granted a TFEX license to undertake the derivatives agent.
  • The Ministry of Finance had approved the securities business license type Kor No: Lor Kor 0002-01.This license permits the Company to engage in all categories of securities businesses.
  • SEC approved the Company to conduct the securities underwriting.
  • Due to further branch restructure, the Company merged and closed the operations to 4 branches in 2008.
  • The Company merged and closed the operations of 4 branches and one additional branch was opened.
  • Transferred its capital reserve of Baht 17,602 and premium on share capital of Baht 813,653,862 to compensate retained loss of Baht 901,665,291. The Company’s retained loss was 87.99 million after the compensation.
  • Additionally, there was a change in par value from Baht 10 per share to Baht 1 per share on March 9th, 2007.
  • APEX Securities underwent a capital reduction of Baht 361,537,800 (consisting of 36,153,780 ordinary shares at a par of Baht 10) from Baht 482,050,400 to Baht 120,512,600. This was conducted in preparation for the sales of the APEX license.
  • The Company registered its paid up capital at Baht 4,195,895,720.
  • Significant changes to the shareholding structure of Adkinson Securities were made through market acquisitions and exercising of warrant 4 resulting with the appointment of Professor Prayoon Chindapradist as Chairman and Mr. Sadawut Taechaubol as Chief Executive Office and President.
  • Merged and closed the operations of 23 branches
  • The Company increased paid up capital to Baht 3,223.10 million (99,090,636 shares) due to the conversion of warrant tranche 3.
  • The Board of Directors elected Mrs Apar Kewkacha as CEO to replace the late Mr Kreeta Techarattanachai and elected Mr. Udom Vichayabhai as chairman of the board replacing Mr Narong Chulachard.
  • Increased its registered capital to 2,414.16 to finance the purchase of Indosuez W.I Carr Securities of 99.99% which was purchased at 22 April 2002 at a price of Baht 276.72b million. Indosuez was later called IB Securities and was known as Apex Securities.
  • Increased its registered capital to 4,916.51 for the future expansion of warrant tranche 3 and 4 which expired on the 16th Jan 2004 and 16th Jan 2006 respectively.
  • The Company has registered capital of Baht 1,785 million and paid up capital of Baht 1,275 million for the future conversion of its tranche 1 and tranche 2 warrants which expired on the 14th Dec 2001 and 2002 respectively.
  • The Company changed its foreign holding ownership regulation from 25% to 49% of outstanding shares and continued increasing its market capitalization for business expansion purposes.
  • The Company was registered under the name of "Adkinson Enterprise Company Limited." The Company became a member of the Stock Exchange of Thailand (SET) and was assigned as "Broker Number 3" in 1974. In 1979, the Company changed its name to "Adkinson Securities Company Limited." In 1991, the Company received approval from the SET to list its common shares in the Stock Exchange of Thailand, which were later approved as listed securities in 1993. In 1994, the Company converted to a public company and raised its registered capital from Baht 200 million to Baht 600 million, consisting of 60 million common shares at Baht 10.00 par value.