No. NV 2565/10
26 July 2022
Subject | Notification of Capital Increase as of 30 June 2022 |
Attention | President The Stock Exchange of Thailand |
As Nova Organic Public Company Limited ("Company") issued 150,000,000 shares at a par value of 6.9 baht per share for its Initial Public Offering (IPO) during 15-17 December 2021, the Company has registered the ordinary shares from the capital raised with the Stock Exchange of Thailand on 24 December 2021. The company received a total of 1,035.00 million baht from the IPO. After deducting distribution and underwriting fees as well as other expenses associated with the issuance of ordinary shares, the net proceeds are 989.12 million baht.
The Company would like to notify you on the capital increase as of 30 June 2022 per following:
(Unit : Million Baht)
Purpose | Plan | Used Amount as of | Net Amount as of | |
(Estimate) | 31 December 2021 | 31 December 2021 | ||
1. | To expand the new office | 50.00 | 24.06 | 25.94 |
2. | To expand the new factory and the | |||
new warehouse | 500.00 | 122.53 | 377.47 | |
3. | To renovate extraction plant and | |||
manufacturers of herbal products | 35.00 | 14.93 | 20.07 | |
4. | Working capital | 404.12 | 404.12 | - |
Total | 989.12 | 565.64 | 423.48 | |
Please be informed accordingly,
Yours Sincerely
(Mr. Yuttana Taepangthong)
Vice Chief Financial Officer
Company Secretary Office
Tel. 024171130 Ext. 109