No. NER 011/2022
July 11 , 2022
Subject : | Report on use of proceeds from the exercise of warrants (NER-W1) |
Attention | The President |
The Stock Exchange of Thailand |
We, North East Rubber Public Company Limited ("the Company"), refer to the exercise of warrants (NER- W1) on December 15, 2021 and May 26, 2022. The Company has received proceeds of 207.58 million Baht and 156.88 million Baht respectively.
The Company hereby reports the use of proceeds from the exercise of NER-W1 in the aggregate amount of 364.46 million Baht as of June 30, 2022 as follows:
Unit: Million Baht | ||||||||||||||
Outstanding | Utilization | Outstanding | ||||||||||||
Objective | Plan | balance | Of proceeds during | balance | ||||||||||
as of December | January 1, 2022 - | as of June | ||||||||||||
31, 2021 | June 30, 2022 | 30, 2022 | ||||||||||||
1. Use as working capital | for | 364.46 | 364.46 | 364.46 | - | |||||||||
business operation | ||||||||||||||
Total | 364.46 | 364.46 | 364.46 | - | ||||||||||
Please be informed accordingly,
Sincerely yours,
(Mr.Sakchai Jongstapongpun)
Chief Financial Officer
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