46 During the year 2020, the Company and its subsidiaries have changed their shareholding/ investments in subsidiaries as follows: a) The Company and its subsidiaries purchased additional shares of subsidiaries as details below. Company’s name Number Value of investments under the cost method Percentage of holding (Shares) (Million Baht) (%) The Company purchased MBK Life Assurance Plc. (from right of purchase newly issued registered capital) 15,300,000 153 - Ratchthani Leasing Plc. 176,985,388 668 3.13 Ratchthani Leasing Plc. (from right of purchase newly issued registered capital) 38,651,564 39 - TS Asset Management Co., Ltd. 63,196 1 0.03 Thanachart SPV 2 Co., Ltd. 74,853 1 0.02 The subsidiaries purchased Ratchthani Leasing Plc. (from right of purchase newly issued registered capital) 1,661,620,700 1,062 - b) The following subsidiaries have decreased the registered capital and the Company received a capital return from such subsidiaries as follows. Company’s name Amount Value of investment under the cost method (Million Share) (Million Baht) Subsidiary companies Thanachart SPV 1 Co.,Ltd. 100,000,000 1,000 Thanachart SPV 2 Co.,Ltd. 269,947,714 2,699 TS Asset Management Co., Ltd. 149,987,448 1,500 In this regard, receiving such capital refund has no effect on the shareholding proportion. c) The Company set aside allowance for impairment of investment in MT Service 2016 Company Limited of Baht 26 million, Thanachart SPV 2 Company Limited of Baht 324 million, and TS Asset Management Company Limited of Baht 104 million. 262
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