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. 8 5.8 Full Disclosure ............................................................ 8
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 Borrower 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 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. Investments in subsidiaries in the separate financial statements which use the cost method are as follows : Country of Company's name Nature of business incorporation Paid-up capital Shareholding percentage (%) Cost method (Baht) As at June As at December As at June As at December As at June As at December 30, 2021 31, 2020 30, 2021 31, 2020 30, 2021 31, 2020 Company Limited TRC Investment Limited* infrastructure Holding company The Republic of Baht 1 USD Baht 1 USD 100.00 100.00 32 32 Mauritius TRC Utility Company Limited Olive Technology To produce and distribute tap water Data management and Thailand Thailand 250,000 Baht 850,000 250,000 Baht 250,000 99.97 49.97 99.97 49.97 249,925 424,745 249,925 124,925 Company Limited processing Baht Baht Total 621,569,393 621,269,573 Less : Allowance for loss on impairment of investment (145,071,416) (145,071,416) Total investments in subsidiaries - net 476,497,977 476,198,157 * The financial statements of the subsidiary were prepared by the management of the subsidiary and not reviewed by other auditors. TRC CONSTRUCTION PUBLIC COMPANY LIMITED AND ITS SUBSIDIARIES NOTES TO INTERIM FINANCIAL STATEMENTS (CONT.) JUNE 30, 2021 Olive Technology Company Limited During January 14-18, 2021, Olive Technology Company Limited. had received the capital increase fund from the shareholders amounted Baht 0.60 million, or 60%. 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 capital Shareholding percentage (%) Cost method (Baht) Held by Sahakarn Wisavakorn Company Limited As at June 30, 2021 As at December 31, 2020 As at June 30, 2021 As at December 31, 2020 As at June 30, 2021 As at December 31, 2020 Hydrotek Sahakarn Joint Venture Construction services Thailand 1,000,000 Baht 1,000,000 Baht 49.00 49.00 490,000 490,000 Saha Hydro Pattaya Joint Venture Held by TRC Investment Limited Construction services Thailand 200,000 Baht - 100.00 - 200,000 - TRC International Limited* Held by TRC International Limited TRC Middle East LLC* Holding company Construction services Hong Kong Sultanate of 10 HKD 150,000 10 HKD 150,000 100.00 70.00 100.00 70.00 33 33 12,322,330 12,322,330 TRC Engineering LLC* Construction services Oman Sultanate of Omani Rial 250,000 Omani Rial 250,000 70.00 70.00 13,654,506 13,654,506 Oman Omani Rial Omani Rial Held by Olive Technology Company Limited Mahat Company Limited Data management Thailand 1,...
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 March 31, 2018 As at December 31, 2017 As at March 31, 2018 As at December 31, 2017 As at March 31, 2018 As at December 31, 2017 For the three-month period ended March 31, 2018 2017 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 - - - -
