Boutique Public : Report on the utilization of proceeds from capital increase for the period ended 30 June 2022
July 15, 2022 at 01:54 am EDT
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BOUTIQUE CORPORATION PUBLIC COMPANY LIMITED
BCPCL.O.013/2022
15 July 2022
Subject:
Report on the utilization of proceeds from capital increase for the period ended 30 June 2022
To:
President
The Stock Exchange of Thailand
Boutique Corporation Public Company Limited (the "Company") has issued and offered the Newly Issued Ordinary Shares to the existing shareholders of the Company in proportion to their respective shareholding (Right Offering or "RO") in the amount of not exceeding 100,000,000 shares with a par value of Baht 1 per share at the subscription ratio of 5.1 existing ordinary shares per 1 new ordinary share (5.1: 1) at the offering price of Baht 1.80 per share. The number of subscribed shares was 58,729,056 shares in total, with the net proceeds of Baht 105,445,048.80. In addition, the Company has issued and offered the Newly Issued Ordinary Shares to the directors, executives, and employees of the Company and/or its subsidiaries in 2022 (the "BC-ESOP 2022" Program). In the first offering of BC-ESOP 2022 on 24 June 2022, with the offering price at Baht 1.89 per share, there were 169,316 subscribed shares with the total net proceeds of Baht 318,007.24. As a result, the total amount of net proceeds from capital increase during the period of 1 January - 30 June 2022 was Baht 105,763,056.04.
In this regard, the Company would like to report the utilization of proceeds derived from the allocation of newly issued ordinary shares during the period of 1 January - 30 June 2022 as follows:
Proceeds / Objective of the Capital Increase
Amount
(Baht Million)
Proceeds from the capital increase
Remaining amount as of 31 December 2021
5.32
Net proceeds from the allocation of RO and BC-ESOP 2022
105.76
Total net proceeds
111.08
Utilization of Proceeds during the period of 1 Jan - 30 Jun 2022
Investments in businesses and/or projects for the core businesses and/or in projects with
64.20
the potential to support and expand core businesses of the Company and/or subsidiaries
Working capital of the Company and/or subsidiaries
10.00
Total Utilization of proceeds during the period of 1 Jan - 30 Jun 2022
Boutique Corporation pcl published this content on 15 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 July 2022 05:53:06 UTC.
Boutique Corporation Public Company Limited is a Thailand-based company, which is principally engaged in real estate development, ranging from serviced residences, hotel operations, community malls, sale of real estate projects, and real estate investment management services. The Company's segments include hotel business and serviced apartment, community mall and office building, and management services and others. It designs, develops, manages, and sells real estate solutions in the hospitality, retail and commercial sectors to institutional investors. Its hospitality projects include Oakwood Hotel Journeyhub Pattaya, Novotel Chiang Mai Nimman Journeyhub, Oakwood Hotel Journeyhub Phuket, Hyatt Place Phuket, Oakwood Residence Sukhumvit 24 and Citadines Sukhumvit 8. Its commercial projects include Summer Point, Summer Hub Offices, Summer Hill, and Rain Hill. Its subsidiaries include Boutique Patong Sai3 Limited, Boutique Kamala 1 Ltd., and Boutique Kamala 2 Ltd., among others.
BOUTIQUE CORPORATION 
