Plc. and SubsidiariesFinansa Expansion of Capital Base . . . Finansa Plc. In August 2003, shareholders of Finansa Plc. approved a private placement of 10 million new shares at Bt33 per share. This increased the number of shares in issue to 110 million. In August 2003, shareholders of Finansa Plc. approved the issue of 110 million warrants to shareholders of record as at 4th September 2003. Warrants were issued on the basis of one warrant for each ordinary share held. The warrants have a term of three years and an exercise price of Bt25. They were allotted at no cost to shareholders. As at 31 December 2003, no warrants had been exercised.
As at 31 December Shares in Issue (par Bt5) Shareholders没 Funds
2003 110m Bt2,372m
2002 100m Bt1,555m
Subsidiaries In July 2003, Finansa Plc. invested Bt250 million in new shares of Finansa Securities Ltd., raising the paid-up capital of this company from Bt200 million to Bt450 million In October 2003, Finansa Plc. invested Bt150 million in new shares of Finansa Capital Ltd., raising the paid-up capital of this company from Bt301 million to Bt451 million
Finansa Plc. 18
Annual Report 2003