No. PROEN 17/2022
July 5, 2022
Subject : Report the Utilization of Capital Increase from Initial Public offering (IPO) as of June 30, 2022
To : The President
The Stock Exchange of Thailand
With reference to PROEN Corp Public Company Limited ( PROEN) issued new shares for capital increase by Initial Public offering (IPO) on April 21-23, 2021 for 86,000,000 shares at the price of 3.25 Baht per share, totaling 262,740,250 Baht after deducting underwriting commission and expenses in connection with the offering.
PROEN would like to report the utilization of capital increase from IPO as of January 1, 2022 to June 30, 2022 as follows:
(Unit | : Million Baht) | ||||||||
Plan Amount | Amount used | Amount used | Outstanding | ||||||
Objective of spending | during | during | balance as of | ||||||
April 30 - | January 1 - | June 30, 2022 | |||||||
December 31, | June 30, 2022 | ||||||||
2021 | |||||||||
1. Construction of new Internet Data Center | 150.00 | 0.00 | 0.00 | 150.00 | |||||
(IDC) building and office. | |||||||||
2. Working capital in the business of ICT services | 47.74 | 47.02 | 0.00 | 0.72 | |||||
and Telecommunication, Infrastructure Services. | |||||||||
3. Financial institution debt settlement | 65.00 | 65.00 | 0.00 | 0.00 | |||||
Total | 262.74 | 112.02 | 0.00 | 150.72 |
Remark : According to Objective of spending, item 1, PROEN is in the process of planning for the construction of new Internet Data Center (IDC) building and office in Soi Srinakarin 8, Srinakarin Road. The building structure is expected to be completed and ready for services in 2022.
Please be informed accordingly.
Best Regards,
PROEN Corp Public Company Limited
(Mr. Kittipan Sri-bua-iam)
Chief Executive Officer