Today (Jan 19, 2023), SCBX Company (SCB) held the Extraordinary General Meeting of Shareholders No. 1/2023 to approve the issuance of debt securities in the amount not exceeding 100,000 million baht or equivalent in currency. another According to the business plan for 2022-2024, the SCB business group plans to invest in digital personal loans (Consumer Finance), digital assets (Digital Assets) and platform businesses. which is a business with high growth potential The objective is to enhance the company’s ability to be a company in technology. (TechnologyCompany) makes it necessary for the company to raise funds partly from the issuance of debt instruments.
As for the types of instruments that will be offered for sale Will be all types of debt instruments both in Thai baht or foreign currency Including but not limited to short-term debentures long-term debentures Debentures due upon liquidation (perpetual debentures) Subordinated debentures unsubordinated debentures There is a debenture holder representative. or without a representative of the secured debenture holders or without insurance and other debt instruments
with plans to sell domestically and internationally Either a specific investor or a type of investor and general public or existing debt holders Debt securities may be issued and offered for sale at one time or several occasions as it deems appropriate. The issuance and offering period is within 5 years from the date of approval from the shareholders’ meeting.
In this regard, in the shareholders’ meeting, questions from shareholders regarding investment were answered. and the establishment of a Virtual Bank by Mr. Arthit Nanthawithaya, Chief Executive Officer SCBX Company (SCBX) has answered the question that the establishment of a Virtual Bank or branchless bank. Although the Bank of Thailand (BOT) now has some clear rules out there. But by the timeline, it still takes several years. While SCBX’s investment plan is between 65-67, but if the establishment of a Virtual Bank accelerates the time This financing There will also be a part that will be used for Virtual Bank.
As for the purchase of shares in SCB Asset Management from Siam Commercial Bank, SCBX currently indirectly holds shares in SCB Asset Management. through holding shares of Siam Commercial Bank already The shareholding allocation of affiliated businesses will depend on consistency and mutual support. The current shareholding is still appropriate.
Mr. Athit said that The main objective of this bond issuance will be to finance the newly established and growing affiliated companies. Therefore need funds to expand credit And the small portion will be held to wait for the opportunity to invest in new interesting businesses. The company will begin operating immediately following approval, with the first phase focusing on the domestic market first. As for the exact timeline, it also depends on the process of the supervisor. The company’s investment plans during the 3-year plan (between 2022-2023) average regarding 2-3 billion baht per year.
“In every investment we make The board has always been thoughtful and careful. As in the case of Bitkub We haven’t invested yet. and when he saw the uncertainty has already been canceled That shows our careful consideration in our investment,” said Mr. Vichit Suraphongchai, Chairman of SCBX.
In this extraordinary general meeting Shareholders voted to approve the issuance of debentures in the amount of not more than 100,000 million baht for a period of not more than 5 years, in the proportion of 99.9595% of the issued ordinary shares.
