No. NSL_CS 10/2022
August 1, 2022
Subject: Report the Utilization of Capital Increase from Initial Public offering (IPO)
To: | The President |
The Stock Exchange of Thailand |
With reference to NSL Foods Public Company Limited ("NSL") issued new shares for capital increase by Initial Public offering (IPO) on May 11 - 13, 2021 for 75,000,000 shares at the price of 12.00 Baht per share. NSL received proceeds from IPO in the net totaling of Baht 872.38 million (after deducting all IPO-related expenses).
NSL would like to report the proceeds utilization of capital increase from IPO as of June 30, 2022 as follows:
Unit : Million Baht | |||||||||
Outstanding | Amount used | Outstanding | |||||||
Objective of spending | Plan Amount | balance as of | during | balance as of | |||||
December 31, 2021 | Jan - Jun 2022 | June 30, 2022 | |||||||
1. | Financial institution debt | 350.00 | - | - | - | ||||
settlement | |||||||||
2. | Used as working capital in | 172.38 | 50.00 | - | 50.00 | ||||
business operation | |||||||||
3. | Used to finance the | 350.00 | 335.84 | 11.25 | 324.59 | ||||
construction of new projects | |||||||||
Total | 872.38 | 385.84 | 11.25 | 374.59 | |||||
Please be informed accordingly,
Best Regards,
(Mr. Arkradej Liamcharoen)
Vice President - Accounting and Finance
Company secretary
Tel. 0-2525-8520-1 Ext. 1010