GMM Media files delisting form

By The Nation

GMM Media Plc has filed the voluntary delisting plan to the Stock Exchange of Thailand, after shareholders approved the shareholding restructuring plan and the delisting.

GMM Grammy, the parent company which owns 79.75 per cent in the media company, would then proceed with the swap of 40.556 million GMM Media shares, held by general shareholders, to GMM Grammy shares.

The company shareholders also approved the increase of the registered capital to Bt530.55 million from Bt490 million by means of the issuance of 40.55 million ordinary shares

The shareholders also approved the transfer of 5,100 ordinary shares of Deetalk Co Ltd from Mass Monitor Co Ltd, a subsidiary in which the company has 99 per cent stake.

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GMM Media files delisting form

GMM Media Plc has filed the voluntary delisting plan to the Stock Exchange of Thailand, after shareholders approved the shareholding restructuring plan and the delisting.

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