Selic Public : Report of the utilization of capital increase received from the offering of newly issued ordinary shares under a General Mandate to Private Placement (PP)
July 11, 2022 at 07:14 am EDT
Share
Ref. OP.SL. 30/2022
July 11th, 2022
Subject: Report of the utilization of capital increase received from the offering of newly issued ordinary shares under a General Mandate to Private Placement (PP)
To: President
The Stock Exchange of Thailand
As Selic Corp Public Co. Ltd. ('the Company" or SELIC) has offered the newly issued ordinary shares under a General Mandate in Private Placement ("PP") during June 11 -15, 2021, totaling 28 million shares at a price of Baht 3.00 per share, totaling Baht 84 million. Purpose for the use of proceeds are for Investment in various projects to expand the business of Company and Group of Company / increasing production capacity / new acquisition/ new products/ new project, or new investment including the use for working capital for business operations and increase financial liquidity of the company.
The Company would like to report the use of the proceeds received from the capital increase as of June 30, 2022 as follows.
(Unit : Million Baht)
The purpose of using the money
Plan of
The amount of fund
The amount of fund
using
Utilization during
Utilization during
Jul 1 - Dec 31, 2021
Jan 1 - Jun 30, 2022
Fund from PP (Beginning Balance)
-
84.00
4.00
1.
Investment in various projects
-
32.00
0.00
2.
Loan payment
-
48.00
0.00
Total amount - using fund
80.00
0.00
Ending Balance
-
4.00
4.00
Please be informed accordingly.
Yours sincerely,
(Ms. Yuwadee Aiamsontisup)
Chief Executive Officer
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Selic Corporation pcl published this content on 11 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 July 2022 11:13:01 UTC.
Selic Corp Public Company Limited is engaged in the production and distribution of adhesives used in industrial, including self-adhesive labels and healthcare products for domestic and international markets. Its segments include adhesive for industrial use, self-adhesive labels, healthcare products and others. Its product includes hot melt adhesive product, water-based adhesive product and solvent glue. Hot melt adhesive products are used in many industries that have machine labeling systems or automatic packaging systems on production lines, such as food and beverage industry, furniture and woodworking industries in general. Water-based adhesive products can be used in a range of industries, such as food and beverage industry, furniture industry, packaging, carpet, woodworking, product labeling and various products as required. The solvent based adhesive products include PU, neoprene, SBR, which are used in leather, footwear, automotive decoration, construction, furniture and work.
Selic Public : Report of the utilization of capital increase received from the offering of newly issued ordinary shares under a General Mandate to Private Placement (PP)