Bangkok, The SET board ordered MORE to prepare and submit a report on the opinion of the independent financial advisor (IFA) to shareholders. for consideration and approval of capital increase Before the shareholder meeting 19 Jan. 2024 The Stock Exchange of Thailand board ordered MORE to prepare a report on the opinion of the independent financial advisor (IFA) regarding the capital increase for sale to existing shareholders. and deliver such report to shareholders, which must allow shareholders sufficient time to consider and study information from independent experts. Before considering approving the capital increase at the shareholder meeting on January 19, 2024 As the Board of Directors of More Return Public Company Limited (MORE) has resolved to approve an increase in registered capital from 358.84 million baht to 1,435.35 million baht by issuing 21,530.24 million additional common shares to be offered for sale to existing shareholders in accordance with The proportion of shareholding at a price of 0 .05 baht per share (at par) and to support the exercise of rights under the warrant to purchase ordinary shares of MORE for the 3rd time, to be presented to the Extraordinary General Meeting of Shareholders for consideration and approval on the date On January 19, 2024 The Stock Exchange of Thailand (SET) has considered the information received from the company and the information contained in the notice calling the Extraordinary General Meeting of Shareholders of MORE and is of the view that this capital increase of MORE is a significant capital increase. important and has an offering price that is lower than the market price In addition, there is a lawsuit that is being processed by the official agency against a group of major shareholders. former executive and those related to MORE as well as the Stock Exchange Received complaints from MORE's shareholders regarding the adequacy of information for deciding to approve the said capital increase. In addition, on January 15, 2024, the Securities and Exchange C ommission Also ordered MORE to clarify information for consideration in requesting approval for this capital increase. In order to protect the interests of investors Stock Exchange of Thailand Board Therefore, by virtue of Section 172 of the Securities and Exchange Act, B.E. 2535 (the "Securities Act"), ordered MORE to take the following actions: 1. Prepare a report of the opinions of IFAs that received approval. Approved by the SEC Office, which must include at least comprehensive information on the following issues: 1.1 Appropriateness of the price and conditions for this securities offering. 1.2 Reasonableness and benefits of this securities offering to investors. Hold shares Including a clear plan for using the money compared to the impact that may have on shareholders from the securities offering. 1.3 Advice to shareholders on whether they should vote to approve or disapprove of the capital increase. and the offering of securities this time 2. Have MORE deliver the IFA's opinion report according to 1. to shareholders before the shareholder meeting for consideration and approval of this capital increase. To allow shareholders time to consider and study information from independent experts. However, if MORE violates or fails to comply with the above orders. Stock Exchange of Thailand Board May consider using powers under Section 171 (2) of the Securities Act. In determining the temporary suspension of trading in MORE securities From the trading period following when MORE held a shareholder meeting The IFA's opinion report was not sent to shareholders. Including the Stock Exchange Will not consider accepting newly issued common shares from this capital increase of MORE as registered securities. Source: Thai News Agency