No. NEXP-313-2207001
July 11, 2022
Subject: Report on the Use of Proceeds from Capital Increase
To: President
The Stock Exchange of Thailand
Regarding NEX Point Public Company Limited ("the Company") had offered newly issued ordinary shares details as
follows:
1. Private Placement in amount of 1,070,000,000 shares at the offering price of Baht 2.20 per share (par value is Baht 1 per share) and received net proceeds on July 24, 2020 in the amount of Baht 2,344.5 million (after deduction of relevant fees and expenses).
The Company hereby reports the utilization of the proceeds as of June 30,2022 as follows:
(Unit: Million Baht)
Objective of Fund Usage | Amount | Utilization | Balance |
Received
Private Placement | 2,344.5 | |||
- | Used as working capital | 480.7 | ||
- | Used as a fund to sell and expand the bus business | 998.3 | ||
- | Used as a funds to expand the bus maintenance business | 260.0 | ||
- | To pay for the remaining purchase of assets | 220.0 | ||
- | To pay debt | 30.0 | ||
- | Used as a fund to support business expansion in the | 179.1 | ||
subsidiary | ||||
Total | 2,344.5 | 2,168.1 | 176.4 | |
As at June 30,2022, remaining balance of the fund is Baht 176.4 million.
Please be informed accordingly.
Yours faithfully,
(Mr.Khanist Srivajiraprabha)
Chief Executive Officer
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Nex Point pcl published this content on 19 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 July 2022 06:03:02 UTC.