News Detail

Date/Time
30 Jul 2020 19:00:00
Headline
Capital Increase Report of AQ Estate
Symbol
AQ
Source
AQ
Full Detailed News
Download Full Detailed News
                -Translation-
SET.024/2020                                
30 July 2020
Subject:    Capital Increase Report of AQ Estate
To:        Directors and the Manager
                   The Stock Exchange of Thailand
The company would like to report the utilization of capital increase from 
ordinary shares to private placement as approval by the Extraordinary General
Meeting of Shareholders No. 1/2017 on 30 June 2017 that has allocated and
offering of new 100,000 million ordinary shares to the private placement. The
company has increased capital of THB 72,640 million at the price of THB 0.05 per
share, totaling THB 3,632 million. The total expenses and fees were THB 63.73
million. The capital increase after deducting expenses amounted to THB 3,568.27
million.
The company hereby reported on the use of funds from the capital increase as of 
30 June 2020 as follows.
         The capital increase as approval by the Extraordinary
General Meeting of Shareholders No. 1/2017 THB   3,568.27      million
LessUse of capital increase as of 30 June 2020 THB 2,083.971 Million
Capital increase as of 30 June 2020            THB  1,484.30      million
1 Payment in accordance with judgment of KTB  amounting THB  1,635.74    million
  Development of AQ ARBOR, Chonbuli, Chiangmai, Rangsit    amounting THB      
65.00     million
  Invest in Hotel Business  amounting THB    121.00    million
  Development of AQ ALIX    amounting THB      26.00   million
  Working capital                amounting THB    236.23      million
                     Total amounting      THB 2,083.971    million
The remaining capital increase amount THB 1,484.30 million was invested in 
BFixed  the bill of exchange and loan.
Please be informed and disseminate to public accordingly.
Yours Sincerely,
(Mr. Suthad Chankingthong)       (Ms.Ranchana Rajatanavin)
Director                                           Director
______________________________________________________________________
This announcement was prepared and disseminated by listed company or issuer 
through the electronic system which is provided for the purpose of dissemination
of the information and related documents of listed company or issuer to the
Stock Exchange of Thailand only.  The Stock Exchange of Thailand has   no
responsibility for the correctness and completeness of any statements, figures,
reports or opinions contained in this announcement, and has no liability for any
losses and damages in any cases.  In case you have any inquiries or
clarification regarding this announcement, please directly contact listed
company or issuer who made this announcement.