News Detail

Date/Time
30 Jan 2019 17:27:00
Headline
Report of the utilization of capital increase
Symbol
KWG
Source
KWG
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                Pursuant to the resolution of the Extraordinary General Meeting of the 
Shareholders No. 1/2017, held on February 22, 2017, and the Extraordinary
General Meeting of the Shareholders No. 2/2017, held on May 12, 2017 that
approved the increase of the registered capital by issuing 704,000,000 new
ordinary shares with a par value of Baht 10 each, offering to the existing
shareholders in proportion at the ratio of 1 existing share to 3.2 newly issued
ordinary shares, at the right offering price of Baht 2.63 per share and offering
the remaining ordinary shares to Tommo (Thailand) Limited under a private
placement scheme at Baht 2.63 per share.
The Company received proceeds from the capital increase in the total amount of 
Baht 1,851,520,000, being the sale to the existing shareholders of Baht
915,947,420.03 and the sale under private placement scheme of Baht
935,572,579.97.
The utilization of the capital increase for the period July 1, 2018 to December 
31, 2018 is presented as of the attached file.
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