1. No category

~
UKAS
CERTIFICATION
ISOITS16949
1501..oo1/0HSAS18001
W1::1
iiuulfttJn
UJ.l~.
0107547000508
""""'"
MAP(lbEMH4I
043-A
QS9000
11/22Moo 20. Nimitmai Road. Lamlukka. Lamlukka. Pathumthani 12150 Thailand
Tel : (662) 993-4970-7
Fax: (662) 993-4978-9.
(662) 993-4982 www.fpi.co.th e-mail:
[email protected]
Ref. FPI.00S/2015
May 11,2015
Subject:
Progress registered of the Joint Venture Company
Attention:
Board of Directors and President of The Stock Exchange of Thailand.
According to the The Board of Director Meeting of Fortune Parts Industry Public
Company Limited ("FPI" or "The Company"),
No. 712014, held on October 9, 2014 has
resolved approved to be the Joint Venture with newly established in Ecuador. The Company
will invest in the Joint Venture for 45% of the registered capital of USD500,000 (US Dollar
Five Hundred Thousand only) representing an investment of USD225,000
(US Dollar Two
Hundred Twenty Five Thousand only).
The Company
would like to clarify about the resolution
of The Board of
Directors approved to be the Joint Venture with FPIN INDUSTRY ECUADOR CIA. LTDA.
uable to register because of this name has been registered
established company has called FORTUNE-PARTS
already. Therefore, the newly
INDUSTRY
ECUADOR CIA. LTDA ..
The Company kindly informed of the progress of establishing a Joint Venture with the detail as
below.
Registered Name
FORTUNE-PARTS
Date of Establishment
21 February 2015
Country of Registered
Ecuador
Objective
To accommodate future growth in South America.
Type of Business
To accommodate future growth related to automotive parts
and accessories.
INDUSTRY ECUADOR CIA. LTDA.
l
Registered Capital
USD500,OOO (US Dollar Five Hundred Thousand only)
Paid-up Capital
USD500,OOO (US Dollar Five Hundred Thousand only)
Shareholding Structure (Porportion %)
1. FORTUNE PARTS INDUSTRY PUBLIC COMPANY LIMITED Porportion 45%
2. INVEMIK CIA. LTDA. Porportion 55%
Source of Capital
Working capital of copany
Transaction Size
Not considered to comply with the acquisition or disposition of
assets of Listed Companies and is not a related party transaction.
Please be informed accordingly.
Yours sincerely,
Managing Director
-2-