News Detail

Date/Time
29 Jul 2021 13:08:00
Headline
Capital Increase Report of AQ Estate
Symbol
AQ
Source
AQ
Full Detailed News
Download Full Detailed News
                -Translation-
SET.017/2021                                
29 July 2021
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 2021 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 2021         THB  2,083.971     
million
        Capital increase as of 30 June 2021             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. Chamnarn Wangtal)     (Mr. Michael A. W. Fernandez)
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.