- 27 - Change in investments in subsidiaries GC Polyols Co., Ltd. On December 17, 2020, GC Polyols Co., Ltd. (“GCP”) has called for paid-up capital from the capital increase by the 2020 Annual General Meeting of shareholders of the subsidiary held on April 8, 2020 for conducting a Polyols & PU System Project at Baht 254.02 million, of which fully received in January 2021. During the year ended December 31, 2020, GCP has called for paid-up capital from the capital increase by the Board of Directors’ Meeting of GCP held on November 11, 2019 for conducting a Polyols & PU System Project at Baht 294.23 million, of which fully received in January 2020 and March 2020. Subsequently on April 8, 2020, GCP registered for capital increase by the Annual General Meeting for the year 2020 of shareholders of GCP totalling 9,520,000 shares at Baht 100 per share amounting to Baht 952 million, in which the GCP’s registered capital increased from the original registered capital amounting to Baht 3,050 million to a new registered capital amounting to Baht 4,002 million, and called for paid-up capital from the capital increase totalling at Baht 642.60 million from the shareholders, of which fully received amounting to Baht 527.57 million from the Company during the year ended December 31, 2020. GC Ventures Co., Ltd. During the year ended December 31, 2021, GC Ventures Co., Ltd. (“GCV”) has called for paid-up capital from the capital increase by the 2020 Annual General Meeting of shareholders of the subsidiary held on March 19, 2020, the 2021 Annual General Meeting of shareholders of the subsidiary held on March 30, 2021 and the 2021 Extraordinary Annual General Meeting of shareholders of the subsidiary held on July 5, 2021 for investment in Corporate Venture Capital (CVC) totalling at Baht 214.54 million, of which fully received during the year ended December 31, 2021. On August 3, 2020, GCV has called for paid-up capital from the capital increase by the Annual General Meeting for the year 2020 of shareholders of the subsidiary held on March 19, 2020 for investment in Corporate Venture Capital (CVC) at Baht 102.13 million, of which fully received in August 2020. GC Oxirane Co., Ltd. On January 5, 2021, GC Oxirane Co., Ltd. (“GCO”) has called for paid-up capital from the capital increase by the Board of Directors’ Meeting of the subsidiary held on January 15, 2020 for conducting a Propylene Oxide Project at Baht 401.58 million, of which fully received in January 2021. On January 3, 2020, GCO has called for paid-up capital from the capital increase by the Board of Directors’ Meeting of GCO held on October 5, 2017 for conducting a Propylene Oxide Project at Baht 262.68 million, of which fully received in January 2020. In addition, GCO registered for capital increase by the Extraordinary General Meeting of shareholders of GCO held on December 9, 2019 totalling 22,310,000 shares at Baht 100 per share amounting to Baht 2,231 million, in which the GCO’s registered capital increased from the original registered capital amounting to Baht 5,530 million to a new registered capital amounting to Baht 7,761 million. During the year ended December 31, 2020, GCO has called for paid-up capital from the capital increase by the Board of Directors’ Meeting of GCO held on January 15, 2020 totalling at Baht 1,606.32 million, of which fully received during the year ended December 31, 2020. Solution Creation Co., Ltd. On July 22, 2020, Solution Creation Co., Ltd. has called for paid-up capital from the capital increase by the Extraordinary General Meeting of shareholders of the subsidiary held on May 7, 2020 to invest in Dynachisso Thai Co., Ltd. at Baht 302.12 million, of which fully received in July 2020. ENVICCO Limited During the year ended December 31, 2021, ENVICCO Limited (“ENVICCO”) has called for paid-up capital from the capital increase by the Board of Directors’ Meeting of the subsidiary held on July 23, 2020 for conducting a Recycled Plastic Project totalling at Baht 529.20 million, of which fully received during the year ended December 31, 2021. 259 BUSINESS OPERATION AND PERFORMANCE CORPORATE GOVERNANCE FINANCIAL REPORTS AND FINANCIAL STATEMENTS APPENDIX
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