Report on the utilization of capital increase from RO and PP
Ref. 71/531108
Date: November 18, 2010
Subject: Report on the utilization of capital increase from RO and PP.
Attention: Director and Manager The Stock Exchange of Thailand
The Extraordinary General meeting of Shareholders of Thai Union Frozen Products Public Company Limited (the "Company") No.1/2010, held on 2 September 2010 and the Board of Directors' meeting of the Company No.6/2010, held on 8 September 2010, resolved to approve the allocation of newly issued ordinary shares of the Company to the existing shareholders of the Company pro rata to their shareholding (Right Offering), at the offering price of Baht50.00 per share and tothe investors on a Private Placement basis, at the price of Baht53.00 per share. The company received totaling Baht3,744,922,850 from the allocation of 73,158,457 shares and has been used as a part of total funding requirement, from such fund raising for acquisition of shares and business of MW Brands Holdings SAS, in France.
Please be informed accordingly.
Respectfully yours,
Thai Union Frozen Products PCL.
Mr. Kraisorn Chansiri, Director
Mr. Chuan Tangchansiri, Director