No. 028/2015
(Translation)
Dated 28th July 2015
Subject : Resolution of BOD Meeting (10th/2558), Change of name of subsidiary companies, Set payment date for private placement issued at AGM 2015, Company holiday announcement, Capital increase of LMG-a subsidiary company.
To : Board and Manager
The Stock Exchange of Thailand
LIVE Incorporation Public Company Limited (Company) would like to inform The Stock Exchange of Thailand, that on the 28th July 2015 the company held a Board of Directors meeting (10th/2558 ) for the approval of the following resolutions:
1. An approval for the resolution to change company name and seal of 3 subsidiaries as following:

Name before

Name After

1. LIVE Media Group Public Company Limited

1. Splash Media Public Company Limited.

2. LMG Estate Co., Ltd

2. Splash Estate Co., Ltd.

3. LIVE Estate Co., Ltd

3. Argyle Development Co., Ltd.

Whereby, 3 subsidiaries will change name and seal by 31 August 2015.
2. An approval for the resolution for private placement candidates for payment date as follows:

Name-Surname

Share Quantity

Unit Price (THB)

Amount (THB)

Payment Date

1. Mr. Sayam Poopoksakul

300,000,000

0.35

105,000,000.00

1- 31 Aug 2015

2. Mr. Nuttapong Panjaworayan

300,000,000

0.35

105,000,000.00

1- 31 Aug 2015

3. Mrs. Tanudee Sinhaseni

420,339,305

0.35

147,118,756.75

1- 31 Aug 2015

Total

1,020,339,305

-

357,118,756.75

-

** All newly issued shares of 1,020,339,305 are subject to silent period according to the letter 17/2558 issued 29th April 2015.

3. An approved resolution that Friday 31st July 2015 will be announced as a Company holiday.

4. An approval for the resolution that LIVE Media Group Public Company Limited (LMG), a subsidiary of LIVE Incorporation, to undergo a capital increase of Eighty Million Baht (80,000,000THB) from One Hundred Million Baht (100,000,000THB) to a total of One Hundred and Eighty Million Baht (180,000,000) at 1 THB per share. (i.e. By increasing 80,000,000 shares at 1 Baht per share). The reason for the capital increase is to reflect business expansion for LIVE Media. The newly issued capital of 80,000,000 shares will be divided as follows:
a. 36,000,000 shares (par 1 Baht) priced at 1 Baht per share will be allocated to existing shareholders.
Any shares that are not exercised will be assigned to the Board/ Services Commission/ Executive Chairman/ Chief Executive Officer/ Personnel assigned by the Board for share allocation, for allocation to existing shareholders who has specified an interest by overbooking these shares OR through a private placement. The value will be 36,000,000 Baht.
b. 44,000,000 shares (par 1 Baht) priced at 1.344 Baht per share will be allocated to a group of investors
through a private placement. The value will be 59,136,000 Baht.
Consequently, the above is not within the scope of concerning list according to the Capital Markets Commission Announcement Tor Jor 21/2551 "Subject: Criteria for Transaction Concerning List" and is not within the scope of list that must report according to criteria for transaction significantly that is within "the scope of acquisition and disposition of property according to Capital Markets Commission Announcement" Tor Jor 20/2551.
Please be informed accordingly,
Yours sincerely,
-Signed-
(Mr. Tharakorn Junkerd) Company Secretary

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