Page 16 - One Report Thai Final_ENG_2021

Tycoons Worldwide Group (Thailand) Plc.

decision. The investment must be approved by the Board of Directors' resolution. Board of
Directors or the general meeting of shareholders (If it meets the requirements).
In 2021, the Company has invested a total of 124.15 million baht in KDB Co., Ltd, by
holding 44.99% of the issued and paid-up shares capital of KDB Co., Ltd, a company
specializing in real estate investments and making profits in the long term. Such investments
will give the company the opportunity to take a step towards investing in the real estate
sector. The main investment plan after the acquisition of KDB is to acquire land with
potential to add further value in the future when KDB has purchased sufficient land. The
company can consider building real estate for sale and rent to get continuous returns benefits
and to prevent impairment loss of the reappraised investment price and receive a consistent
return on investment.

1.3 Shareholding Structure

1.3.1 Shareholding structure of the group of companies

Tycoons Group Enterprises Co., Ltd (TGE)
(Taiwan)
Registered capital: NT$7,000 million (as of December 31, 2021)
Paid-in capital: NT$4,798 million (as of December 31, 2021)

100%

Tycoons Group International Co., Ltd (TGI)
(Cayman Island)
Registered capital: USD500 million (as of December 31, 2021)
Paid-in capital: USD189 million (as of December 31, 2021)

30.24%

Tycoons Worldwide Group (Thailand) Public Co., Ltd(TYCN)
(Thailand)
Registered capital: THB5,967 million (as of December 31, 2020)
Paid-in capital: THB5,967 million (as of December 31, 2020)

44.99% 19.27%
KDB Co., Ltd (TY) TY Co., Ltd (TY)
(Thailand) (Thailand)
Registered capital: THB 159.64 million Registered capital: THB 947.50 million
(as of December 31, 2021) (as of December 31, 2021)
Paid-in capital: THB159.64 million Paid-in capital: THB 947.50 million

(as of December 31, 2021) (as of December 31, 2021)

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