No. | CS.011/2022 |
July 27, 2022 | |
Subject | Report of the Utilization of Capital Increase of IPO |
To | President |
The Stock Exchange of Thailand |
As Heng Leasing and Capital Public Company Limited ( "the Company") has placed the Initial Public Offering ( "IPO") on October 6-8, 2021 at the amount of 800,837,300 shares, the par value of IPO is 1.95 Baht, and registered the ordinary shares from capital increase raised to the Stock Exchange of Thailand on October 19, 2021. The Company has received total capital increase at the amount 1,561.63 Million Baht. After deduction distribution and underwriter fees as well as other expenses incurred
from this offering, the balance is in the amount of 1,504.8 Million Baht. | ||||||||||||||||||
The Company would like to | report the | utilization of capital increased | as of June 30, 2022 as follows: | |||||||||||||||
(Unit: Million Baht) | ||||||||||||||||||
Actual | Actual Utilization | |||||||||||||||||
Utilization | Balance as of | Balance as of | ||||||||||||||||
Estimated | Until (January 1, | |||||||||||||||||
Objective of Spending Capital | Until | December | June 30, | |||||||||||||||
Utilization | 2022- June 30, | |||||||||||||||||
December | 31, 2021 | 2022 | ||||||||||||||||
2022) | ||||||||||||||||||
31, 2021 | ||||||||||||||||||
1. Expand the business of providing | ||||||||||||||||||
credit services, branches, including | ||||||||||||||||||
related businesses such as non-life | 1,014.8 | 700.0 | 314.8 - 434.8 | 334.8 | - | |||||||||||||
and life insurance brokerage | - 1,134.8 | |||||||||||||||||
businesses, and use as working capital | ||||||||||||||||||
for business operations. | ||||||||||||||||||
2. Partial repayment of loans from the | 300.0 | 329.3 | 70.7 | 70.7 | - | |||||||||||||
financial institutions | - 400.0 | |||||||||||||||||
3. Develop information technology | ||||||||||||||||||
systems such as software and mobile | 70.0 | 0.1 | 69.9 - 89.9 | 3.1 | 66.8 | |||||||||||||
applications for using the company's | - 90.0 | |||||||||||||||||
credit services, etc. | ||||||||||||||||||
Total | 1,504.8 | 1,029.4 | 475.4 | 408.6 | 66.8 | |||||||||||||
Please be informed accordingly, |
Yours Sincerely,
(Mr. Wichai Suphasathitkul)
President
Heng Leasing and Capital Public Company Limited
69 Moo 7, San Sai Noi Sub-district, San Sai District, Chiangmai Province 50210 Tel. 02 - 153 - 9587 , 02 - 153 - 9582 FAX .(053) 350490 www.hengleasing.com