-Translation-
No. CS009/2022
26 July 2022
Subject | Report on use of proceeds from capital increased raised from IPO |
Attention | The President |
The Stock Exchange of Thailand |
As Alla Public Company Limited ("the Company") issued new shares for capital increased by initial public offering (IPO) in the amount of 150,000,000 shares at Baht 2.88 per share, the remaining proceeds, after deduction of expenses incurred from this offering, was Bath 417.56 million.
The Company would like to report of its usage of capital increased from IPO during
1 January 2022 - 30 June 2022 as follows:
(Unit: Million Baht)
Objective | Proceeds | Amount | Outstanding | Amount | Outstanding |
utilization | used until | balance as at | used during | balance as at | |
plan | 31 Dec 21 | 31 Dec 21 | 1 Jan 22 - | 30 Jun 22 | |
30 Jun 22 | |||||
1. To invest in a construction of | 84.00 | 84.00 | - | - | - |
a new warehouse of its | |||||
subsidiary | |||||
2. Repayment of long-term | 63.00 | 63.00 | - | - | - |
loans | |||||
3. To expand business by | 1.77 | 1.77 | - | - | - |
establishing Representative | |||||
office in Indonesia1/, 3/ | |||||
4. To invest in the Company's | 35.00 | 24.62 | 10.38 | - | 10.38 |
factory renovation2/ | |||||
5. To use in working capital3/ | 233.79 | 225.56 | 8.23 | 8.23 | - |
Total | 417.56 | 398.95 | 18.61 | 8.23 | 10.38 |
Note: 1/On 10 August 2018, the Company reported the change of nature of business expansion, from the original by establishing an associated company to establishing a representative office in Indonesia.
2/On 22 February 2018, the Company reported the change of IPO utilization purpose, the original plan was to invest in the construction of a new plant amounting to Baht 58 million which was revised to the renovation of the existing area of the factory amounting to Baht 35 million.
3/On 23 February 2022, the Company reported the change of IPO utilization purpose in the amount of Bath 8.23 million under item (3), to expand business by establishing a representative office in Indonesia, to item (5), to utilize as flow capital in business operations.
Please be informed accordingly.
Yours sincerely,
(Mr. Ong-ard Puntuyakorn)
Chief Executive Officer
Administration Office
Company secretary
Tel: 0 2322 0777 Ext. 114
Email: company_secretary@alla.co.th