Duyuru • Feb 09
Stark Corporation Public Company Limited Announces Resignation of Apichart Tangeakchit as Chief Financial Officer Stark Corporation Public Company Limited announced the resignation of Mr. Apichart Tangeakchit as Chief Financial Officer. Effective date of termination is July 10, 2023. Duyuru • Jan 11
Stark Corporation Public Company Limited, Annual General Meeting, Feb 22, 2024 Stark Corporation Public Company Limited, Annual General Meeting, Feb 22, 2024, at 10:00 SE Asia Standard Time. Agenda: To consider and certify the Minutes of the Extraordinary General Meeting of Shareholders No. 1/2023; to consider and acknowledge the operational of the year 2022; to consider and approve the 2022 financial statement (Audited) ended on December 31, 2022; to consider and acknowledge the appointment of directors in replacement of the retiring directors by rotation; to consider and approve the remuneration of the directors and the sub-committee for the year 2023 and the year 2024; and to consider other matters. Duyuru • Nov 24
Stark Corporation Public Company Limited Announces Resignation of Pol. Lt. Gen. Chiraphat Bhumichitr as Director Stark Corporation Public Company Limited announced resignation of Pol. Lt. Gen. Chiraphat Bhumichitr as director due to the personal commitments which may result in being unable to fully perform duties for the Company as a director, effective from November 22, 2023 onwards. Duyuru • Oct 20
Stark Corporation Public Company Limited Announces Board Appointments Stark Corporation Public Company Limited at its extraordinary general meeting held on October 19, 2023, approved the appointment of Pol. Lt. Gen. Chiraphat Bhumichitr as Director, Mr. Nopporn Kittiladakul as Director, Pol.Col. Mongkol Puwaprapachart as Director and Somchai Laohverapanich as Director. Duyuru • Jul 12
Stark Corporation Public Company Limited Announces Executive Changes Stark Corporation Public Company Limited announced at its Board of Directors' Meeting held on July 10, 2023, Approved the appointment of Mr. Prasong Sodawang as a director in place of Mr. Somchai Sawasdeepon, with the remaining term in office equal to the term of the former director whom he has replaced, effective from July 10, 2023 onwards. Approval of the Company's internal restructuring by changing the position of Mr. Attapol Watjarapairoj from the position of the Audit Committee and Independent Director to be the Company's Director. In this regard, the Company will seek and appoint the qualified persons to fill the vacant office as the Audit Committee and Independent Directors. Approval of the change of the Company's authorized signatories as follows: From Mr. Apichart Tangeakchit and Mr. Pumipat Sinacharoen jointly sign with the Company's seal affixed. To Mr. Attapol Watjarapairoj jointly signs with any one director, totaling two directors, with the Company's seal affixed. Additionally, after the Board of Director's Meeting was convened, Mr. Apichart Tangeakchit has resigned from his position as the Company's Director and all positions in the Company due to personal commitments which may result in being unable to fully perform duties for the Company as a Director, effective from July 10, 2023 onwards. The Company then informed the aforementioned resignation. The Company will further seek and appoint qualified persons to hold the position of Chief Executive Officer, Chief Financial Officer, Company Secretary, and Chief Human Resources Officer to fill the vacant office. Duyuru • Jul 06
Stark Corporation Public Company Limited Announces Board Changes Stark Corporation Public Company Limited informed the significant resolution of the Board of Directors' Meeting No. 13/2023, which was held on July 4, 2023 at 11.00 hours, to the Stock Exchange of Thailand as follows: Acknowledgement of the resignation of Lieutenant General Prakorn Sucheevakun, as the Director, Chairman of the Board of Directors and Independent Director, effective from July 4, 2023 onwards. Approval of the appointment of directors to replace the resigned directors, effective from July 4, 2023 as follows: Mr. Somchai Sawasdeepon as a director in place of Lieutenant General Prakorn Sucheevakun, with the remaining term in office equal to the term of the former director whom he has replaced, and further appointed him as the Chairman of the Board of Directors and Independent Director; Mr. Montri Sriskul as a director in place of Mr. Senathip Sripaipan who resigned on April 25, 2023, with the remaining term in office equal to the term of the former director whom he has replaced, and further appointed him as an Independent Director; and Mr. Pumipat Sinacharoen as a director in place of Mr. Suwat Chawengchot who resigned on April 25, 2023, with the remaining term in office equal to the term of the former director whom he has replaced. Duyuru • Jun 14
Stark Corporation Public Company Limited to Report Fiscal Year 2022 Results on Jun 16, 2023 Stark Corporation Public Company Limited announced that they will report fiscal year 2022 results at 4:45 PM, SE Asia Standard Time on Jun 16, 2023 Duyuru • May 26
Stark Corporation Public Company Limited, Annual General Meeting, Jun 02, 2023 Stark Corporation Public Company Limited, Annual General Meeting, Jun 02, 2023, at 17:00 SE Asia Standard Time. Duyuru • Feb 25
Stark Corporation Public Company Limited, Annual General Meeting, Apr 29, 2022 Stark Corporation Public Company Limited, Annual General Meeting, Apr 29, 2022, at 14:00 SE Asia Standard Time. Location: at the head office of Stark Corporation Public Company Limited at No. 518/5 Maneeya Centre Building, 16th Floor, Ploenchit Road, Lumpini Sub-District, Pathumwan District Bangkok Thailand Agenda: To consider and certify the Minutes of the General Meeting of Shareholders 2021; tconsider and acknowledge the operational results of the year 2021; to consider and approve the statement of financial position and the profit and loss statement for the year 2021 for fiscal year ended December 31, 2021; to consider and approve the omission of the dividend payment from the operational results of the year 2021; to consider and approve the appointment of directors in replacement of the retiring directors by rotation; to consider and approve the remuneration of the directors and the sub-committee for the year 2022; to consider and approve the appointment of the auditors and auditor fee for the year 2022; and to consider other matters (if any). Duyuru • Feb 24
Stark Corporation Public Company Limited, Annual General Meeting, Apr 30, 2021 Stark Corporation Public Company Limited, Annual General Meeting, Apr 30, 2021, at 14:00 SE Asia Standard Time. Location: at the Pinnacle Room 1-3, 4th Floor, Intercontinental Bangkok Hotel 973 Ploenchit Road, Lumpini Sub-district, Pathumwan District Bangkok Thailand Agenda: To consider and certify the Minutes of the Extraordinary General Meeting of Shareholders No. 2/2020; to consider and acknowledge the operational results of the year 2020; to consider and approve the statement of financial position and the profit and loss statement for the year 2020 for fiscal year ended December 31, 2020; to consider and approve the omission of the dividend payment from the operational results of the year 2020; to consider and approve the appointment of directors in replacement other retiring directors by rotation; to consider and approve the remuneration of the directors and the sub- committee for the year 2021; and to consider other matters. Duyuru • Aug 11
STARK Corporation Public Company Limited (SET:STARK) completed the acquisition of 99.99% stake in Adisorn Songkhla Company Limited from Vonnarat Tangkaravakoon, Natdulaporn Kitikornpanich and other shareholders. STARK Corporation Public Company Limited (SET:STARK) entered into memorandum of understanding to acquire 99.99% stake in Adisorn Songkhla Company Limited from Vonnarat Tangkaravakoon, Natdulaporn Kitikornpanich and other shareholders for TBH 1.6 billion on October 8, 2019. Under the terms of transactions, TBH 0.2 billion will be paid within seven days after the signing of a memorandum of understanding for the purchase and the entire business transfer of Pinwheel 2 and remaining TBH 1350 million will be paid in cash at the entire business transfer date in accordance with the terms and conditions of such agreement. Adisorn Songkhla Company's total assest, net income and total common equity are TBH 1899.2 million, TBH 129.5 million and TBH 1899.2 million respectively. The transaction id subjected to shareholder approval, regulatory board approval, due diligence. As of November 29, 2019 the acquisition has been approved by shareholders of STARK Corporation. As of December 25, 2019 the company completed the acquisition of entire business transfer of Pinwheel 2 which is 109,998 ordinary shares. Currently, Pinwheel 2 is in the process of liquidation. The transaction is expected to complete by December 31, 2019. Advisory Company Limited acted as financial advisor in the transaction.
STARK Corporation Public Company Limited (SET:STARK) completed the acquisition of 99.99% stake in Adisorn Songkhla Company Limited from Vonnarat Tangkaravakoon, Natdulaporn Kitikornpanich and other shareholders on December 25, 2019. STARK Corporation paid TBH 1.6 billion as consideration paid by cash for entire business transfer. Duyuru • Jul 31
Phelps Dodge International (Thailand) Limited and STARK Corporation Public Company Limited (SET:STARK) completed the acquisition of Thai Cable International Co., Ltd. from Virat Anurakputti, Noppadol Joisarn and Suwanni Wongsawas. Phelps Dodge International (Thailand) Limited and STARK Corporation Public Company Limited (SET:STARK) entered into a share purchase agreement to acquire Thai Cable International Co., Ltd. from Virat Anurakputti, Noppadol Joisarn and Suwanni Wongsawas for THB 41 million on March 27, 2020. Under the terms of transaction, Phelps Dodge will purchase approximately 1.059 million shares and STARK Corporation will purchase 1 share of Thai Cable. The transaction will be financed from the cash flows of STARK Corporation. The transaction is approved by the board of STARK Corporation. The transaction is expected to complete on April 1, 2020.
Phelps Dodge International (Thailand) Limited and STARK Corporation Public Company Limited (SET:STARK) completed the acquisition of Thai Cable International Co., Ltd. from Virat Anurakputti, Noppadol Joisarn and Suwanni Wongsawas on April 1, 2020. Duyuru • Jul 30
STARK Corporation Public Company Limited (SET:STARK) completed the acquisition of Thinh Phat Cables Joint Stock Company and Dong Viet Non-Ferrous Metal And Plastic Joint Stock Company from Vo Tan Thinh, Vo Tan Nhut, Nguyen Thanh Tam and Trac Van Hung. STARK Corporation Public Company Limited (SET:STARK) agreed to acquire Thinh Phat Cables Joint Stock Company and Dong Viet Non-Ferrous Metal And Plastic Joint Stock Company from Vo Tan Thinh, Vo Tan Nhut, Nguyen Thanh Tam and Trac Van Hung for THB 7.3 billion on December 25, 2019. Under the terms of the transaction, STARK Corporation Public Company Limited will acquire Thinh Phat Cables Joint Stock Company from Vo Tan Thinh, Vo Tan Nhut and Trac Van Hung and Dong Viet Non-Ferrous Metal And Plastic Joint Stock Company from Vo Tan Thinh, Vo Tan Nhut and Trac Van Hung. After the completion of this transaction, the shareholders and the managements of the target companies will not be appointed as Directors and/or managements of STARK Corporation. In addition, STARK Corporation will consider changing the legal representatives and the managements of the target companies after this transaction in which STARK Corporation will appoint, in majority, personnel from the Company, to be legal representatives and management team of the target companies. However, STARK Corporation will also consider appointing some existing managements to ensure the smooth transition. Shareholders meeting is expected to be held on March 23, 2020.
On December 26, 2019, chairman of the Board of Director had successfully negotiate with the target companies. The transaction will be mainly funded from loan of financial institutions and internal cash flows of STARK Corporation Public Company Limited. For the year ended December 31, 2018, Thinh Phat Cables Joint Stock Company and Dong Viet Non-Ferrous Metal And Plastic Joint Stock Company reported total assets of THB 6.1 billion, total common equity of THB 1.6 billion, total revenue of THB 12 billion and net income of THB 289 million. the transaction is subject to the approval by the STARK Corporation Public Company Limited's shareholders. Transaction is approved by Department of Planning and Investment.
As on March 23, 2020, shareholders of STARK Corporation Public Company Limited approved the transaction. The transaction is anticipated to complete the share purchase in March 2020. As on January 2, 2020, this transaction is anticipated to complete by March 31, 2020. Welcap Advisory Company Limited acted as financial advisor to STARK Corporation Public Company Limited. Deloitte Touché Tohmatsu Jaiyos Advisory Co. acted as financial advisor to STARK Corporation Public Company Limited. Kudan & Partners acted as legal advisor to STARK Corporation Public Company Limited.
STARK Corporation Public Company Limited (SET:STARK) completed the acquisition of Thinh Phat Cables Joint Stock Company and Dong Viet Non-Ferrous Metal And Plastic Joint Stock Company from Vo Tan Thinh, Vo Tan Nhut, Nguyen Thanh Tam and Trac Van Hung on March 31, 2020. 