Ref. FPI.00S/2015 May 11,2015 Subject: Progress registered of the
Transcription
Ref. FPI.00S/2015 May 11,2015 Subject: Progress registered of the
~ UKAS CERTIFICATION ISOITS16949 1501..oo1/0HSAS18001 W1::1 iiuulfttJn UJ.l~. 0107547000508 """"'" MAP(lbEMH4I 043-A QS9000 11/22Moo 20. Nimitmai Road. Lamlukka. Lamlukka. Pathumthani 12150 Thailand Tel : (662) 993-4970-7 Fax: (662) 993-4978-9. (662) 993-4982 www.fpi.co.th e-mail: [email protected] Ref. FPI.00S/2015 May 11,2015 Subject: Progress registered of the Joint Venture Company Attention: Board of Directors and President of The Stock Exchange of Thailand. According to the The Board of Director Meeting of Fortune Parts Industry Public Company Limited ("FPI" or "The Company"), No. 712014, held on October 9, 2014 has resolved approved to be the Joint Venture with newly established in Ecuador. The Company will invest in the Joint Venture for 45% of the registered capital of USD500,000 (US Dollar Five Hundred Thousand only) representing an investment of USD225,000 (US Dollar Two Hundred Twenty Five Thousand only). The Company would like to clarify about the resolution of The Board of Directors approved to be the Joint Venture with FPIN INDUSTRY ECUADOR CIA. LTDA. uable to register because of this name has been registered established company has called FORTUNE-PARTS already. Therefore, the newly INDUSTRY ECUADOR CIA. LTDA .. The Company kindly informed of the progress of establishing a Joint Venture with the detail as below. Registered Name FORTUNE-PARTS Date of Establishment 21 February 2015 Country of Registered Ecuador Objective To accommodate future growth in South America. Type of Business To accommodate future growth related to automotive parts and accessories. INDUSTRY ECUADOR CIA. LTDA. l Registered Capital USD500,OOO (US Dollar Five Hundred Thousand only) Paid-up Capital USD500,OOO (US Dollar Five Hundred Thousand only) Shareholding Structure (Porportion %) 1. FORTUNE PARTS INDUSTRY PUBLIC COMPANY LIMITED Porportion 45% 2. INVEMIK CIA. LTDA. Porportion 55% Source of Capital Working capital of copany Transaction Size Not considered to comply with the acquisition or disposition of assets of Listed Companies and is not a related party transaction. Please be informed accordingly. Yours sincerely, Managing Director -2-