MAI market accepts 159.91 million KGEN capital increase shares for trading on 18 August

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Summary · why it matters

The Market for Alternative Investment has accepted 159.91 million capital increase shares of King Gen for trading on 18 August. The new shares result from the exercise of 140.114 million units of KGEN-W2 warrants at an exercise ratio of 1 to 1.1413 and an exercise price of 1.7524 baht. KGEN now has registered capital of 1.11286 billion baht, divided into 2.22572 billion shares with a par value of 0.50 baht each.

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King Gen PCL
KGEN
± MixedCapitalrelevance

Warrant exercise increases share count and registered capital, diluting existing shareholders but raising capital for the company.