No. KK ELCID 2565/010
July 8, 2022
Subject: Report of the utilization of capital increase from IPO
.
To: Director and Manager
The Stock Exchange of Thailand
According to K&K Superstore Southern Public Company Limited (the "Company") has offered to sell 69 million capital increase common share to public (IPO) on September 29-30, 2020 and October 1, 2020 at the offering price Bath 0.88 per share, total net amount of Baht 58.90 million after deducting underwriting related costs.
The Company would like to report the increase of capital spending ended June 30, 2022 as follows:
Unit: Million Baht | ||||
Use of Proceeds | Amount received | Amount spent as of | Outstanding | |
June 30, 2022 | balance | |||
1. | "K&K Superstore" branches expansion | 24.00 | 24.00 | - |
2. | Loan repayment to financial institutions | 34.00 | 34.00 | - |
3. | Working capital | 0.90 | 0.90 | - |
รวม | 58.90 | 58.90 | - | |
Therefore, the use of remaining proceeds will be used in accordance with the purpose and the expected period as informed in section 2.1 of the prospectus.
Please be informed accordingly
Yours Sincerely,
- Mr. Kawispong Sirithananonsakul-
(Mr. Kawispong Sirithananonsakul)
Managing Director
K&K Superstore Southern Public Company Limited
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K&K Superstore Southern pcl published this content on 08 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 July 2022 01:53:01 UTC.