No. INSET 043/2565
19 July 2022 | |
Subject | Report on the utilization of capital increase |
To | President |
The Stock Exchange of Thailand |
Infraset Public Company Limited ("the Company") had allocated warrants to existing shareholders of the Company (Rights Offering) which was transacted during 24-30 March 2022 (totaling 5 business days). Number of shares derived from exercised warrants were 115,472,100 shares at exercise price of THB 2 per share. The Company received additional capital from the exercise of the warrants to purchase ordinary shares of the Company No. 1 (INSET-W1) in the total amount of THB 230,944,200
The Company would like to report the utilization of the funds as of 30 June 2022 as follow:
Net received of capital increase as of 31 March 2022 | 230.94 | MB | |
Less: Use of proceeds during 1 April 2022 - 30 June 2022 | |||
- | EEC Data Center Project | (107.03) | MB |
- | Construction and Recondition Mobile Base Transmission Station Project | (12.06) | MB |
Remaining proceeds as of 30 June 2022 | 111.85 | MB |
Please be informed accordingly.
Yours sincerely,
..…….…………………….
(Mr. Sakboworn Pukkanasut)
Managing Director