Year 2022

  • February 28, 2022 - Disposition of shares in Jeffer Restaurant Co., Ltd. by Wave Entertainment Public Limited Company. The Meeting No. 7th/2021 Board of Directors resolved to approve Wave Food Group Co., Ltd. to dispose of all shares of the Company. Total 10,098,000 shares (10,049,000 ordinary shares and 49,000 preferred shares) with a par value of 10 Baht per share, representing 100 percent of the registered and fully paid ordinary shares and preferred shares. for the group of Mrs. Sudarat Supapong Tevasakul (“Purchaser. After the sale of such shares by Jeffer, WAVE Food will no longer hold shares in Jeffer and Jeffer will cease to be an indirect subsidiary of the Company.

  • April 11, 2022 - Resolutions of the Annual General Meeting of Shareholders for the year 2022 in the form of electronic meetings (E-AGM) have important resolutions as follows:

    • Approved the reduction of the registered capital of 471,083,245 Baht from the existing registered capital of 1,415,000,000 Baht to the registered capital of 943,916,755 Baht by canceling unissued shares and approving the amendment to Clause 4. of the Company’s Memorandum of Association to be in line with the reduction of the Company’s registered capital.

    • Approved the transfer of legal reserves in the amount of 46,795,718 Baht and the share premium reserve in the amount of 353,617,102 Baht to compensate for the accumulated losses of the Company.

    • Approved the reduction of the registered capital of the Company in the amount of 471,958,377.50 Baht from the registered capital of 943,916,755 Baht to the registered capital of 471,958,377.50 Baht and reduce the Company’s paid-up capital. by reducing the par value of the Company’s shares From the original par value of 1 Baht per share to a par value of 0.50 Baht per share, with the number of shares remaining the same equal to 943,916,755 shares

    • Approved the increase of the Company’s registered capital Form of General Mandate in the amount not exceeding 235,578,510 Baht from the original registered capital of 471,958,377.50 Baht is a newly registered capital of 707,536,887.50 Baht by issuing new ordinary shares of not more than 471,157,020 shares at a par value of 0.50 Baht and approving the amendment of Clause 4 of the Company’s Memorandum of Association to be consistent with the increase of the Company’s registered capital.

    • Approved the allocation of newly issued ordinary shares in the amount of not exceeding 471,157,020 shares at the par value of 0.50 Baht per share to accommodate the allocation to the existing shareholders in proportion to their shareholding (Rights Offering), the public (Public Offering) and Private Placement according to General Mandate

  • June 27, 2022 - Reduction of registered capital and paid-up capital of WAVE on behalf of Wave Entertainment Public Limited Company (WAVE) Original par value (Baht): 1.00 and new par value (Baht): 0.50 Date effective 30 Jun 2022

  • August 5, 2022 - the 3rd/2022 Board of Directors Meeting held on August 5, 2022, It was resolved to organize the Extraordinary General Meeting of Shareholders No. 1/2022 on Tuesday, September 13, 2022, as follow:

    • Increase capital to existing shareholders in proportion to their shareholding (Rights Offering), issuance, and offering of warrants The right to purchase ordinary shares of the Company (WAVE-W3) (“WAVE-W3 Warrants”) in the amount not exceeding 2,617,539,003 units to the existing shareholders of the Company who have subscribed and paid for the subscription price of the newly issued ordinary shares of the Company in proportion to their shareholding (Rights Offering) at the ratio of 3 newly issued shares per 1 unit of warrants, free of offering value (0 Baht per unit) whereby the exercise ratio of WAVE-W3 Warrants is 1 unit of WAVE-W3 Warrants per 1 ordinary share and the exercise price is equal to 0.15 Baht per unit. shares, as detailed in the Information Memorandum on the Issuance and Offering of Newly Issued Ordinary Shares. To the existing shareholders in proportion to their shareholding of Wave Entertainment Public Limited Company.

    • Approved the reduction of the Company’s registered capital in the amount of 235,578,510 Baht from the original registered 707,536,887.50 Baht as registered capital 471,958,377.50 Baht by canceling 471,157,020 unissued ordinary shares at a par value of 0.50 Baht per share)

    • Approved the increase of the Company’s registered capital in the amount not exceeding 5,934,068,140.50 Baht from the registered capital of 471,958,377.50 Baht is the registered capital of 6,406,026,518 Baht by issuing newly issued ordinary shares of not more than 11,868,136,281 shares at a par value of 0.50 Baht per share.

    • Approved the issuance and allocation of warrants to purchase ordinary shares of Company No.3 (WAVE-W3) in the amount not exceeding 2,617,539,003 units to the existing shareholders of the Company who subscribe for newly issued ordinary shares in proportion to their shareholding.

    • Approved the allocation of newly issued ordinary shares in the amount not exceeding 11,868,136,281 shares with a par value of 0.50 Baht per share (1) to support the allocation of newly issued ordinary shares to the existing shareholders of the Company; in proportion to the shareholding held by each shareholder (Rights Offering) (2) to accommodate the exercise of the warrants to purchase ordinary shares of the Company No.3 (WAVE-W3) and (3) To support the right adjustment of warrants to purchase ordinary shares of the Company No.2 (WAVE-W2)

  • The 3rd/2022 Board Meeting decided to appoint Mr. Tirepong Khumruengrit as a new director to replace the resigning director on August 5, 2022

  • The 3rd/2022 Board Meeting decided to appoint Mr. Tirepong Khumruengrit as a new director toreplace the resigning director on August 5, 2022

  • September 13, 2022 - The resolution adopted by the 1st/2022 Extraordinary General conference meeting (E-EGM) is as follows:

    • Approved the reduction of the Company’s registered capital in amount of 235,578,510 Baht from the original registered capital 707,536,887.50 Baht as registered capital 471,958,377.50 Baht by cancelling unissued ordinary shares of 471,157,020 shares with a par value of 0.50 Baht per share.

  • Approved the increase capital of the Company’s registered in the amount not exceeding 5,934,068,140.50 Baht from the registered capital of 471,958,377.50 Baht is the registered capital of 6,406,026,518 Baht by issuing newly issued ordinary shares of not more than 11,868,136,281 shares at a par value of 0.50 Baht per share.

    • Approved the issuance and allocation of warrants to purchase ordinary shares of Company No.3 (WAVE-W3) in the amount not exceeding 2,617,539,003 units to the existing shareholders of the Company who subscribe for newly issued ordinary shares in proportion to their shareholding.

    • Approved the allocation of newly issued ordinary shares in the amount not exceeding 11,868,136,281 shares with a par value of 0.50 Baht per share to (1) support the allocation of newly issued ordinary shares to the existing shareholders of the Company; in proportion to the shareholding held by each shareholder (Rights Offering) (2) to accommodate the exercise of the warrants to purchase ordinary shares of the Company No. 3 (WAVE-W3) and (3) To support the right adjustment of warrants to purchase ordinary shares of the Company No.2 (WAVE-W2).

  • September 16, 2022 - Mr. Somsak Payabdechachai resigned from the Company’s director and Audit Committee effective from September 16, 2022.

  • September 26, 2022 - M.L. Nalinee Hasdinthorn resigned from the Company’s Board of Directors and Audit Committee, effective from September 26, 2022.

  • October 3, 2022 - The 5th/2022 Board of Directors Meeting has resolved to appoint the Audit Committee to replace the former resigned Audit Committee of the Company by having the resolution to appoint the new Audit Committee as follows: Mr. PisIt Chusiriwat in replacement of Mr. Somsak Phayabdechachai and Mr. WeerawIt Chartwiwatpornchai instead of M.L. Nalinee Hassadin by holding office equal to the remaining term Effective from October 3, 2

  • October 17, 2022 - Mr. Chaipranin Wisuthipol and Mr. Philip Oliver Pierce, Independent Directors, resigned. because there are other missions effective from October 17, 2022.

  • October 17, 2022 - Mr. Chaipranin Wisuthipol and Mr. Philip Oliver Pierce, Independent Directors, resigned. because there are other missions effective from October 17, 2022.

  • October 20, 2022 - The 6th/2022 Board Meeting decided to appoint a director to replace the resigning director, as follows: Ms. Patnaree Thiiriyakul The independent director replaces Mr. Chaiplanin Visutipol and Mr. James Andrew Moore and replaces Mr. Philip Oliver Pierce Effective from October 20, 2022

  • 26 October 2022 - Allotment of new shares as ordinary capital: 7,852,612,103 in new capital shares(Baht): 4,318,936,902.00 - ordinary capital shares: 8,637,873,804 with a par value of 0.50 Baht per share for offering to the existing shareholders of the Company at the rate (old shares: shares New) 1: 10 at a subscription price of 0.10 Baht/share, subscription and payment date set for October 7, 2022 to October 17, 2022, and start trading on October 27, 2565.

  • November 2, 2022 - The Board of Directors Meeting No. 7th/2022 resolved 1) Appoint Dr. Cathleen Maleenont as Chairman of the Board of Directors replacing Mr. Matthew Kichodhan 2) Appointing Mr. James And Ryu More as Chief Executive Officer 3) Informing the resignation of Mr. Prasert Patradhilok from Independent Director and Chairman of the Audit Committee 4) Informing the resignation of Mrs. Angkanee Rerksirisuk and 5) appointed a new Audit Committee to replace the old ones.

  • November 9, 2022 - Exercise the right to purchase the Company’s common stock (WAVE-W3) ("WAVE-W3 Warrant"), the transaction date is: On November 9, 2022, there were 2617536861 units, with a par value of THB 0.15 per share, expiring within 3 years from the date of issuance. First exercise date: January 31, 2023, Last exercise date: October 24, 2025

  • November 15, 2022 - Headquarters moved to a new location 33 Soi Soonvijai 4, Bangkapi Subdistrict, Huai Khwang District, Bangkok 10310 Telephone 02-716-6900. The original building, 3199 Maleenont Tower, 15th Floor, Rama 4 Road, Khlong Tan Subdistrict, Khlong Toei District, Bangkok 10110 Telephone 02-665-6705 Fax 02-665-6750-Effective from December 21, 2022.

  • 20 Dec 2022 - Head Office relocated due to review of suitability of the area to support efficient operation from the original location 2445/19-20, 2445/22 Tararom Business Tower, 14th Floor, New Petchburi Road, Bangkapi, Bangkok 10310 Tel. 02-716-6900. the Company will be completed in the first quarter of 2023.

Year 2021

  • The decrease of the Company’s registered capital by cancelling unsold shares in June 2021, the Company decreased Its registered capital of 576,925,916 shares at a par value of 1 Baht per share, from the existing registered capital of 1,520,842,672 Baht to the newly registered capital of 943,916,756 Baht by cancelling the unsold shares which are used to accommodate the rights offering and the warrants to purchase newly issued ordinary shares no.2 of the Company (WAVE-W2)(the “Warrants”)

  • The increase of the Company’s registered capital under the General Mandate In June 2021, the Company increased Its registered capital of 471,083,244 shares at a par value of 1 Baht per share, from the existing registered capital of Baht 943,916,756 to the new the registered capital of 1,415,000,000 Baht under the General Mandate.

Year 2020

  • The Company invested in The Megawatt Company Limited

  • The 3rd/2020 Board of Directors Meeting held on 24 June 2020 has resolved to approve investment in The Megawatt Company Limited (“Megawatt”), which conducts energy business in Thailand and overseas in an amount not exceeding 500 million Baht, representing 28.36% of the total registered capital of Megawatt in an amount of 1,763 million Baht.

  • November 5, 2020 - the Company made a payment for 2.85 million shares in Megawatt with a par value of Baht 100 in total 285 million Baht for accounting 29.20% of the total issued and paid-up capital of Megawatt in the amount of 976 million Baht.

  • November 5, 2020 - the Company made a payment for 2.85 million shares in Megawatt with a par value of Baht 100 in total 285 million Baht for accounting 29.20% of the total issued and paid-up capital of Megawatt in the amount of 976 million Baht.

Year 2019

During the 4 quarter 2019, the Company expanded Its business through franchising:

  • Wave Education Group Co., Ltd. which is a parent company of Wall Street English (Thailand) Co., Ltd., and a master franchisee of English language institutions under the name “Wall Street English”. As master franchisee, Wave Education Group Co., Ltd. has the right to sub-franchise to investors in Thailand, the Kingdom of Cambodia, and the Lao People's Democratic Republic. At present, there is one branch opened by a sub-franchisee in Khon Kaen Province in the North-eastern region of Thailand.

  • In respect of Jeffer Restaurant Co., Ltd., Jeffer opened 1 franchisee branch in Chomphon Province

Year 2018

  • The offering of newly issued ordinary shares to specific investors (Private Placement) on 29 March 2018, the Company issued and offered new ordinary shares in the number of 46.75 million shares to The Mall Group Co., Ltd.

  • Disposal of shares in Index Creative Village Public Limited Company on 24 December 2018, the Company entered into a share sale and purchase agreement to dispose of not exceeding 86 million shares, representing 50% of the paid-up capital of the Index Creative Village Public Limited Company (Index) to Kanjanapokin Family (Seller Group), which is an existing shareholder of Index.

Year 2016

  • Capital increase under general mandate on March 2016, the Company allotted newly issued shares under the general mandate scheme of up to 97.20 million shares with a par value of 1 Baht to all existing shareholders of the Company (Right Offerings) at the offer price of 3.50 Baht per share. In March 2016, the Company allotted newly issued shares under the general mandate scheme of up to 97.20 million shares with a par value of 1 Baht to all existing shareholders of the Company (Right Offerings) at the offer price of 3.50 Baht per share.

  • Partial disposal of holding in TSE on November 2016, the Company sold 181.50 million TSE shares, accounting for 10% of the registered and paid-up capital of TSE. As a result of such disposal, the Company subsequently holds 10% of the registered and paid-up capital of TSE.

  • Restructure of education business on December 2016, the Company restructured Its shareholding in the education business to accommodate for business expansion to CLMV by selling all EES shares or 100% of paid-up ordinary and preferred shares to Wave Education Group Company Limited (former name is CVD Organizer Company Limited) (“Purchaser”) which is a 100% subsidiary of the Company

  • Capital increase under general mandate on March 2016, the Company allotted newly issued shares under the general mandate scheme of up to 97.20 million shares with a par value of 1 Baht to all existing shareholders of the Company (Right Offerings) at the offer price of 3.50 Baht per share. In March 2016, the Company allotted newly issued shares under the general mandate scheme of up to 97.20 million shares with a par value of 1 Baht to all existing shareholders of the Company (Right Offerings) at the offer price of 3.50 Baht per share.

  • Partial disposal of holding in TSE on November 2016, the Company sold 181.50 million TSE shares, accounting for 10% of the registered and paid-up capital of TSE. As a result of such disposal, the Company subsequently holds 10% of the registered and paid-up capital of TSE.

  • Restructure of education business on December 2016, the Company restructured Its shareholding in theeducation business to accommodate for business expansion to CLMV by selling all EES shares or 100% of paid-up ordinary and preferred shares to Wave Education Group Company Limited (former name is CVD Organizer Company Limited) (“Purchaser”) which is a 100% subsidiary of the Company

Year 2015

June 30, 2015 - the Company expanded Its entertainment business by acquiring 86 million shares, representing 50% of the issued and paid-up shares of Index Creative Village Plc., which provides service business for the creation and management of integrated marketing communications under the name “Index”.

 

Year 2014

  • April 30, 2014 - the Company expanded Its business to a lifestyle business, i.e., an English language school under the name of “Wall Street English”, by acquiring all shares in Efficient English Services Ltd. (“EES”).

  • The Company purchased 22 million shares in TSE, which were offered through an initial public offering (IPO) at 3.90 Baht per share, the total investment was 85.80 million Baht of which is deemed as an investment in TSE at 20% of the registered and paid-up capital of TSE.

  • December 4, 2014 - the Company expanded Its lifestyle business by acquiring a restaurant business under the name of “Jeffer Steak & Seafood” through WAVE Food Group Co., Ltd., the Company’s subsidiary, of all shares in Jeffer Restaurant Co., Ltd.

Year 2013

  • The Company expanded Its entertainment business by being a movie producer and distributor.

  • September 10, 2013 - Mr. Pracha Maleenont resigned from the position of director and management of the Company and Mr. Matthew Kichodhan was appointed as the replacement on 7 October 2013.

  • The Company made an additional payment for newly issued shares in TSE in an amount of Baht 104.7 million, the total investment was 341.2 million Baht which is deemed as investment in TSE at 25% of the registered and paid-up capital of TSE.

 

Year 2012

The Company expanded Its entertainment business by being an organizer of concerts and other events.

 

Year 2011

  • The 1st/2011 Extraordinary General Meeting of Shareholders approved the Company to additionally invest in Thai Solar Energy Co., Ltd (“TSE”), doing business on electricity-producing from solar energy for sale to public and private sectors, from 10% to not exceeding 35% of the registered capital of TSE.

  • TSE’s shareholders’ meeting approved the Company to invest in TSE at 25% of the registered capital of TSE.

  • The Company made an additional payment for newly issued shares in TSE in an amount of 117.5 million Baht, the total investment was 149.5 million Baht of which is deemed as investment in TSE at 10.9% of the registered and paid-up of TSE.

 

Year 2010

The Company expanded Its entertainment business by being a television program producer and distributor.

 

Year 2007

The Company terminated the procurement and distribution of copyright movies.

 

Year 2002

The Company ceased the manufacturing of video tape cassettes.