WH/SET/22/08/LT308

August 3, 2022

Subject:

Report on the utilization of the capital increase

To:

Director and Manager

The Stock Exchange of Thailand

WIIK Public Company Limited ("the Company") would like to report on the utilization of the capital increase that received from the allocation of new shares to the existing shareholders proportionate to their shareholding (Right Offering) as the resolution of the Extraordinary General Meeting of Shareholders No.1/2021 on 15 July 2021, a total of 260,241,689 shares at the offering price of THB 2.70 per share representing of THB 702,652,560.30. As of December 31, 2021, the remaining capital increase was 176,013,710.30 Baht.

The Company would like to report the utilization of the capital increase as of 30 June 2022 as follows.

The total capital increase as of 31 December 2021

amount of

176,013,710.30

Baht

Deductthe utilization of the capital increase as of 30 June 2022

1) Purchased the Injection Molded Fittings production system

amount of

(7,116,066.78)

Baht

The remaining capital increase fund as of 30 June 2022

amount of

168,897,643.52

Baht

The Company brought the remaining from the capital increase of 168,897,643.52 Baht to deposit with the financial institutions to receive interest. At present, the Company has placed orders for the initial injection molded system and in the process of investment study for PVC, PPR production units and water management projects. The Company expected to utilize this capital in the year 2022.

Please be informed accordingly,

Yours truly,

WIIK Public Company Limited

(Mr.Wiboon Sangwithayanon)

Chief Executive Officer

WIIK PUBLIC COMPANY LIMITED

90 CW Tower A

T

+ 66 (2)

6128600

Business ID 0107538000151

35th Floor, Ratchadapisek Rd.

F

+ 66 (2)

6452828,

VAT ID 0107538000151

Huaykwang, Bangkok 10310

+ 66 (2)

6452829

Thailand

W www.wiik.co.th

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WIIK pcl published this content on 03 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2022 11:27:43 UTC.