TQM CORPORATION PUBLIC COMPANY LIMITED
123 Ladplakao Road, Chorakhe Bua, Ladprao, Bangkok 10230
Tel: 1737, 0-2119-8888 Fax: 0-2119-9000 www.tqmcorp.co.th
- Translation -
No. TC0070765
27 July 2022
Subject: | Report of the utilisation of capital increase from IPO |
To: | The President |
The Stock Exchange of Thailand |
TQM Corporation Public Company Limited ("the company") offered 75 million capital increase common share to the public (IPO) during 12-14 December 2018 at the offering price of Baht 23.0 per share, totaling net amount of Baht 1,681.8 million after deduction of underwriting fee and expenses in connection with the offering.
The company would like to report the increase capital spending ended 30 June 2022 as follows:
Unit: Million Baht | ||||||||||||
Use of fund | Amount Received | Amount of spent as of | Outstanding | |||||||||
30 June 2022 | Balance | |||||||||||
1. | Improvement and Development of Information | |||||||||||
Technology System Project | ||||||||||||
1.1 | Development of sales channel in online system by | 15.0 | 5.4 | 9.7 | ||||||||
investing in Chat Bot of TQM Broker | ||||||||||||
1.2 | Implement Disaster and Recovery Site (DR Site) of | 6.2 | 3.3 | - | ||||||||
TQM Broker.1/ | ||||||||||||
2. | Development of business process by investing in | 8.0 | 3.9 | 4.1 | ||||||||
Enterprise Resource Planning (ERP) of TQM Broker2/ | ||||||||||||
3. | Investing in TQM's subsidiaries for working capital | |||||||||||
3.1 | Investing in TQM Broker for working capital | 200.0 | 200.0 | - | ||||||||
3.2 | Investing in TQM Life for working capital | 40.0 | 40.0 | - | ||||||||
4. | Working capital within TQM Group | 1,370.6 | 1,370.6 | - | ||||||||
Total | 1,639.8 | 1,623.2 | 13.8 |
Remark: 1/ The change of purpose from Server investment to "Cloud system" does not require any investment on hardware; therefore, the monthly fee shall be paid instead. The advantage of this change is to support further development and future usage demand.
2/ The launch date of ERP project was postponed by 18 months.
Please be informed accordingly.
Yours sincerely,
- Signature -
(Mr.Unchalin Punnipa)
Chairman of the Board of Directors
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TQM Corporation pcl published this content on 27 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2022 11:53:03 UTC.