27 July 2022
Subject : Report on the utilization of the capital increase fund.
To : Director and Manager,
The Stock Exchange of Thailand.
According to Royal Orchid Hotel (Thailand) Public Company Limited (the "Company") had allotted the capital increase ordinary shares on 4 February 2022 to the specific person i.e., Advance Opportunities Fund in the amount of 1,417,233 shares, at the offering price of 3.528 Baht per share, totaling 4,999,998.024 Baht. And after the deduction of expenses relating to such offering of capital increase ordinary shares, the remaining capital increase fund is of 4,609,348.214 Baht.
The Company would like to report the utilization of the capital increase fund at the end of the 30 June 2022 as follows:
Unit: Baht | |
Net proceeds of capital increase fund after deduction of expenses | 4,609,348.214 |
Lessworking capital for business operation of the Company | 4,609,348.214 |
Remaining net proceeds | - |
Please be informed accordingly. | |
Yours sincerely, |
-Signature-
Mr. Pramote Rermyindee
Director and Company Secretary