180
Annual Report
2013
Ratchaburi Electricity Generating Holding Public Company Limited and its subsidiaries
Notes to the financial statements
59
Investment in First Korat Wind Company Limited
At the Board of Directors meeting of First Korat Wind Company Limited, an associate entity, held on
23 September 2013, the Board approved to called for the paid-up capital of 39.92 million ordinary
shares at par value of Baht 10 per share of Baht 0.43 per share. The Company paid for the share capital
totaling Baht 17.30 million, in the proportion of investment of 20%.
Investment in K.R. TWO Company Limited
At the Board of Directors meeting of K.R. Two Company Limited, an associate entity, held on 23
September 2013, the Board approved to called for the paid-up capital of 36.54 million ordinary shares
at par value of Baht 10 per share of Baht 1.30 per share. The Company paid for the share capital
totaling Baht 47.52 million, in the proportion of investment of 20%.
Investment in Ayudhya Power Company Limited
On 14 January 2013, Ratchaburi Electricity Generating Company Limited, a subsidiary, had jointly
established Ayudhya Power Company Limited in order to develop the power project. Such Company
has registered capital of Baht 0.20 million
(comprising 0.002 million ordinary shares at par value of
Baht 100 per share)
. At the annual general meeting of the shareholders of Ayudhya Power Company
Limited, held on 17 April 2013, the shareholders approved to increase the authorised share capital
from Baht 0.20
million (comprising 0.002 million ordinary shares at par value of Baht 100 per share)
to Baht 80 million
(comprising 0.80 million ordinary shares at par value of Baht 100 per share)
by
issuance of new ordinary shares totalling 0.798 million shares at par value of Baht 100. Such company
called for paid-up share capital of 0.002 million shares at Baht 100 per share and 0.798 million shares
at Baht 50 per share. Ratchaburi Electricity Generating Company Limited, a subsidiary, paid for paid-
up share capital amounting to Baht 18.10 million, in the proportion of investment of 45%.
Investment in Chubu Ratchaburi Electric Services Company Limited
At the extraordinary shareholders’ meeting of Chubu Ratchaburi Electric Services Company Limited,
a jointly-controlled entity, held on 11 November 2013, the shareholder approved to decrease the
authorized share capital from Baht 40 million
(comprising 0.40 million ordinary shares at par value of
Baht 100 per share)
to Baht 20
million (comprising 0.40 million ordinary shares at par value of Baht
50 per share).
The registration for decrease capital was made at the Department of Business
Development, Ministry of Commerce on 23 December 2013.
Dividend paid by jointly-controlled entity
At the Board of Directors meeting of Tri Energy Company Limited, a jointly-controlled entity, held on
14 November 2013, the Board approved the appropriation of the interim dividend of Baht 12.82 per
share. Ratchaburi Gas Company Limited, a subsidiary, received such dividend in the proportion of
investment amounting to Baht 219.46 million. The dividend was paid during December 2013.
At the Board of Directors meeting of Tri Energy Company Limited, a jointly-controlled entity, held on
30 May 2013, the Board approved the appropriation of the interim dividend of Baht 4.50 per share.
Ratchaburi Gas Company Limited, a subsidiary, received such dividend in the proportion of
investment amounting to Baht 77.03 million. The dividend was paid during June 2013.
At the Board of Directors meeting of Tri Energy Company Limited, a jointly-controlled entity, held on
1 March 2013, the Board approved the appropriation of the interim dividend of Baht 2.65 per share.
Ratchaburi Gas Company Limited, a subsidiary, received such dividend in the proportion of
investment amounting to Baht 45.36 million. The dividend was paid during March 2013.
otes to the financial statements
Ratchaburi Electricity Generating Holding Public Company Limited and its subsidiaries
