DITTO.EL 015/2022 | 22 July 2022 |
Subject : Report on the Utilization of Initial Public Offering Proceeds ending 30 June 2022
Attention : Governors and President Market for Alternative Investment (mai)
Ditto(Thailand) Public Company Limited ("the Company") has offered newly issued ordinary shares by Initial Public Offering (IPO) of 80,000,000 at THB 7.50 per share on 23-27 April 2021 and registered such IPO with the Market of Alternative Investment on 6 May 2021. The Company has received the net proceeds of approximately 577.09 million baht (after deducting underwriting fee and other expenses involved in the IPO).
The Company would like to report the utilization of proceeds ending 30 June 2022 as
follows :
(Unit : Million Baht) | ||||
Utilization of Proceeds | Budget Plan | Amount Used | Outstanding Balance | |
(Approximately) | as of 30 Jun 2022 | as of 30 Jun 2022 | ||
1. | Expanding service hub for country | 219.00 | 74.79 | 144.21 |
Wide service coverage | ||||
2. | Software development project for on | 50.00 | 17.06 | 32.94 |
Cloud Software as a Service (SaaS) | ||||
3. To use as working capital for business | 308.09 | 308.05 | 0.04 | |
operations | ||||
TOTAL | 577.09 | 399.90 | 177.19 | |
Please be informed accordingly.
Sincerely yours,
(Mr.Takorn Rattanakamolporn)
Chief Executive Officer
Ditto (Thailand) Public Company Limited
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Ditto (Thailand) pcl published this content on 22 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 July 2022 11:03:06 UTC.