According to reports, GMM Grammy Public Company Limited (GRAMMY) has informed the Stock Exchange of Thailand (SET) that on August 24, 2017, the company and Adelphos Co., Ltd. (with Mr. Thapan Siriwattanapakdee and Mr. Panot Siriwattanapakdee as major shareholders) as the subscribers intend to purchase additional shares of GMM Channel Trading, which will offer 12 million shares at a par value of 100 baht per share.

However, the company will subscribe to 1,999,999 additional shares at the subscription price of 100 baht per share, totaling 199,999,900 baht, and will waive the right to subscribe to 9,999,999 additional shares. The shares that the company waives will be allocated to other subscribers, who will subscribe to the additional shares based on their offered rights and the total number of shares waived by the company, amounting to 10,000,000 shares at the subscription price of 100 baht per share, totaling 1 billion baht.

After the capital increase registration in GMM Channel Trading is completed, the company and each subscriber will hold shares in GMM Channel Trading in equal proportions of 50% of the registered capital.

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