DIMET ACC 012-2022

July 31, 2022

Subject

Notification of Usage from Offering Newly Issued Ordinary Shares to

Existing Shareholders (Right Offering: RO) and Usage from Offer

Newly Issued Ordinary Shares to Private Placement (Private

Placement: PP)

To

Director and President

The Stock Exchange of Thailand

According to Dimet (Siam) Public Company Limited ("company") has offered newly issued ordinary shares to existing shareholders during year 2020 by Right Offering (RO) during October 22 - 29, 2020 as amount of 1,076,749,044 shares (par value of Baht 0.50) thus offering price of Baht 0.10 per share in totaling of Baht 107,674,904.40. The company would like to provide notification regarding usage of newly issued ordinary shares as ended June 30, 2022, as follows:

Objective of Fund

Budget

Total expense

Remaining

Total expense

Company

Remaining

raising

as December

Balance as

during January

Paybacks

Balance as June

31, 2021

December 31,

1, 2022, to June

Overused

30, 2022

2021

30, 2022

Budget

1.

Working capital

25,674,904.40

*47,315,753.22

-

-

-

-

2.

Payback to creditor

20,000,000.00

20,000,000.00

-

-

-

-

3.

Loan payback

45,000,000.00

-

23,359,151.18

-

21,640,848.82

45,000,000

4.

Reserve for coating

17,000,000.00

17,000,000.00

-

-

-

-

business expansion

Total

107,674,904.40

84,315,753.22

23,359,151.18

-

21,640,848.82

45,000,000

*The Company used fund from a loan payback budget as working capital during year 2021 and paid back by using a working capital budget, received from Offering Newly Issued Ordinary Shares to Private Placement during December 20, 2021, to March 4, 2022.

The Company offered newly issued ordinary shares by Private Placement (PP) during December 20, 2021, to March 4, 2022, as amount of 400,000,000 shares (Par

Value of Baht 0.50) with offering price of Baht 0.59 per share in totaling of Baht 236,000,000. The company would like to provide notification regarding usage of newly issued ordinary shares as ended June 30, 2022, as follows:

Objective of Fund raising

Budget

Total expense

Remaining

during January

Balance as June

1, 2022, to

30, 2022

June 30, 2022

1.

Working capital

113,870,000

77,321,888.38

36,548,111.62

2.

To invest and/or operate

122,130,000

-

122,130,000

natural and synthetic rubber

and latex business

Total

236,000,000

77,321,888.38

158,678,111.62

Please be informed accordingly.

Sincerely yours,

(Mr. Pichai Chainarongloka)

Chief Financial Officer

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Dimet Siam pcl published this content on 01 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 August 2022 10:34:04 UTC.