MCG-OCS-2022-040
29 July 2022
Subject: | Report of Utilization of Increased Capital from IPO |
To: | The President |
The Stock Exchange of Thailand |
During 26-28 June 2013, MC GROUP Public Company Limited (the "Company") issued 200 million shares for capital increase by initial public offering (IPO), at the offer price of 15 Baht, totaling amount of 2,923 million Baht.
The Company would like to report the utilization of increased capital from IPO as of 30 June 2022 as
follows:
(THB millions) | |||||
Amount | Outstanding | Amount Spent | Outstanding | ||
Use of Proceeds | Received | Balance as at | During 1/1/2022 - | Balance as | |
31/12/2021 | 30/6/2022 | at 30/6/2022 | |||
1. | Distribution channel expansion | 500 | 0 | 0 | 0 |
2. | R&D, design center and improving production efficiency | 200 | 88 | 5 | 83 |
3. | IT infrastructure | 385 | 0 | 0 | 0 |
4. | New distribution center | 100 | 0 | 0 | 0 |
5. | Repay debts to financial institutions | 750 | 0 | 0 | 0 |
6. | Working capital and future expansion | 988 | 161 | 55 | 106 |
Total | 2,923 | 249 | 60 | 189 | |
Please be informed accordingly.
Yours Sincerely,
-signed by-
( Mr. Virach Seripanu)
Director