“We accepted that if we increase our register capital by ourselves that will not be enough for our business expansion and competition in the digital TV market next year. However, Prananporn representatives will be directors of One Enterprise when the deal is complete, Takonkiet said. The newly issued shares will be offered to Prananporn, which will become a shareholder of One Enterprise before One Enterprise increases its registered capital. After the capital increase, One Enterprise’s registered capital will rise to Bt3.810 billion. One Enterprise will divide the capital increase into two stages.

Source: The Nation Bangkok December 02, 2016 18:05 UTC