30 Jul 2020 19:00:00
Capital Increase Report of AQ Estate
-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.