Investments in Subsidiaries. Borrower does not own any stock, partnership interest or other equity securities except for Permitted Investments.
Investments in Subsidiaries. (iii) other Investments in existence on the date hereof.
Investments in Subsidiaries. 9 5.8 Full Disclosure ............................................. 9
Investments in Subsidiaries. The Borrower will not, and will not permit or cause any of its Subsidiaries to, directly or indirectly, purchase, own, invest in or otherwise acquire any Capital Stock, evidence of indebtedness or other obligation or security or any interest whatsoever in any Domestic Subsidiary of the Parent that is both (a) not a Wholly-Owned Subsidiary and (b) not a Subsidiary Guarantor (each, a “Non-Wholly-Owned Subsidiary”), or make or permit to exist any loans, advances or extensions of credit to, or any investment in cash or by delivery of property in, any Non-Wholly-Owned Subsidiary (collectively, “Investments”) other than:
Investments in Subsidiaries. Investments in subsidiaries in the separate financial statements are as follows : Country of Company's name Nature of business incorporation Paid-up capital Shareholding percentage (%) Cost method (Baht) Sahakarn Wisavakorn Company Limited Construction services - basic infrastructure Thailand 500,000,000 Baht 500,000,000 Baht 99.99 99.99 620,894,691 620,894,691 TRC Investment Limited* TRC Utility Company Limited Holding company To produce and distribute tap The Republic of Mauritius Thailand 1 USD 250,000 1 USD 250,000 100.00 99.97 100.00 99.97 32 249,925 32 249,925 Olive Technology water Data management and Thailand Baht 250,000 Baht - 50.00 - 125,000 - Company Limited processing Baht Total 621,269,648 621,144,648 Less : Allowance for loss on impairment of investment (145,071,416) (145,071,416) Total investments in subsidiaries - net 476,198,232 476,073,232 As at June 30, 2020 As at December 31, 2019 As at June 30, 2020 As at December 31, 2019 As at June 30, 2020 As at December 31, 2019 On August 14, 2019 the Board of Directors’ Meeting No.8/2019 had a resolution to approve the company to establish a new subsidiary in order to operate an automatic warehouse. Presently, the Company is under negotiation process with the business partners. Olive Technology Company Limited On December 11, 2019, the Board of Directors’ Meeting No. 10/2019 had a resolution to approve the Company entering into a joint venture agreement with Xsense Information Service Co.,Ltd. to conduct the business in providing research and development of inspection systems controlled through IOT system at the shareholding 50%, 50%, respectively. The registered date was on March 9, 2020 with the registered capital of Baht 1 million and the paid-up capital of Baht 0.25 million. The Company invested Baht 0.13 million. According to the agreement in the joint venture agreement, the Board of Directors of Olive Technology Co.,Ltd. consists of 5 directors - 3 from TRC Construction (Public) Co.,Ltd. and 2 from Xsense Information Service Co.,Ltd. The meeting resolution on various matters has to receive majority votes of all directors. This means TRC Construction (Public) Co., Ltd. will have control over the operation of Olive Technology Co.,Ltd. Therefore, the Company considered the investments in Olive Technology Co.,Ltd. as a subsidiary. Details of investments in subsidiaries which are held by the Company’s subsidiaries are as follows: Nature Country of Company's name of business incorporation Paid-up...
Investments in Subsidiaries of the Borrower (i) which have executed a Subsidiary Guaranty and a Security Agreement granting a first priority Lien in all its assets of the types or classes included in the Collateral to secure the Obligations and (ii) which have delivered to the Lenders such board resolutions, officer's certificates and opinions of counsel as the Administrative Lender shall reasonably request;
Investments in Subsidiaries. Borrower shall not, and shall not permit any Subsidiary to, contribute, assign or otherwise transfer assets to any Subsidiary or Subsidiaries, other than Permitted Investments.
Investments in Subsidiaries. Paid up shares (In Thousand Baht) Ownership (%) Amount (In Thousand Baht) Dividend (In Thousand Baht) As at March 31, 2020 As at December 31, 2019 As at March 31, 2020 As at December 31, 2019 As at March 31, 2020 As at December 31, 2019 For the three-month period ended March 31, 2020 2019 AT COST - SUBSIDIARIES N.C. Property Management Co., Ltd. 81,250 77,500 100 100 83,115 79,364 - - Quality Living Management Co., Ltd. 1,000 1,000 100 100 - 83,115 - 79,364 - - - -
Investments in Subsidiaries. The Borrower will not own or acquire, and will not make any investment in, any Subsidiary.
Investments in Subsidiaries. Paid up shares (In Thousand Baht) Ownership (%) Amount (In Thousand Baht) Dividend (In Thousand Baht) As at June As at December 30, 2017 31, 2016 As at June As at December 30, 2017 31, 2016 As at June As at December 30, 2017 31, 2016 For the six-month period ended June 30, 2017 2016 AT COST Subsidiaries N.C. Property Management Co., Ltd. 10,000 10,000 100 100 11,864 11,864 - - Quality Living Management Co., Ltd. 1,000 1,000 100 100 - - - - 11,864 11,864 - -
