Page 60 - BAM ONE REPORT 2564 (ENGLISH VERSION)

58 Part 1
Business Operation and Performance

Securities and Dividend Policy

Registered and Paid-up Capital
As of December 31, 2021, the Company has a total registered and paid-up capital of Baht 16,160.2 million,
divided into 3,232.0 million ordinary shares with a par value of Baht 5.0 per share.

Shareholders
Here is a list of major shareholders of the Company as at April 27, 2021, the latest closing date of its register
book:

No. Name No. of shares (shares) (%)
1. Financial Institutions Development Fund 1,480,000,000 45.79
2. Thai NVDR Co., Ltd. 149,047,473 4.61
3. South East Asia UK (Type C) Nominees Limited 63,497,825 1.97
4. K20 Select Long-Term Equity Fund 34,881,300 1.08
5. State Street Europe Limited 31,561,017 0.98
6. GIC Private Limited 26,926,787 0.83
7. Mr. Nares Ngampichon 26,133,600 0.81
8. Mr. Suwat Niyomsathien 23,500,600 0.73
9. K Equity Dividend Long-Term Equity Fund 23,258,700 0.72
10. Krungsri Dividend Stock LTF 21,335,700 0.66
11. Muang Thai Life Assurance PCL. 19,945,700 0.62
12. K Equity 70:30 LTF 18,195,900 0.56
Total major shareholders 1,918,284,602 59.36
Other shareholders 1,313,757,698 40.64
Total shareholders 3,232,042,300 100.00

Shareholders Agreement
- None -

Restrictions on Share Transfer
The Company’s shares can be transferred without any restrictions, except for the case where the outcome of
the share transfer will cause foreign shareholders to hold more than 49.0 percent of the total issued and paid-up
ordinary shares of the Company. The Company has the right to reject any share transfer that will cause the proportion
of foreign shareholding to exceed such ratio.

In the event where a foreign shareholder holds more than 49.0 percent of the total issued and paid-up ordinary
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shares of the Company and that person is (a) a U.S. Person and (b) Qualified Institutional Buyer and Qualified
Purchaer , who wish to sell or transfer his/her shares to other persons, that foreign shareholder shall be obligated to:
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