SET Announcements
29 July 2014
Report on the utilizing proceeds from capital increase raised from public offering
NO. EA 5707/001
29th July 2014
Subject : Report on the utilizing proceeds from capital increase raised from
public offering
Attention : The President, The Stock Exchange of Thailand
Reference is made to the initial public offering of ordinary capital increase
shares of Energy Absolute Public Company Limited ("the Company") from 21st -
23rd January 2013 in the amount of 560,000,000 shares at Baht 5.50 per share.
After deduction of expenses incurred from this offering, the remaining proceeds
were in the amount of Baht 2,986.12 Million.
The Company hereby reports the utilization of proceeds from the offering of
the ordinary capital increase shares as of 30th June 2014 as follows:
Unit : Million Baht
Objective Plan
Accumulated utilization
of proceeds as of
30 Jun 2013 Accumulated utilization
of proceeds during
1 July - 31 Dec 2013 Accumulated utilization
of proceeds during
1 Jan - 30 Jun 2014 Outstanding Balance
1. Investment in
Solar Power Plant
with capacity of 90 MW
at Nakornsawan Province 1,670.00 1,670.00 0.00 0.00 0.00
2. Working Capital
for business 1,316.12 461.12 69.75 785.25 0.00
Total 2,986.12 2,131.12 69.75 785.25 0.00
Please be informed accordingly.
Yours faithfully,
????????????..
(Mr. Amorn Sapthaweekul)
Deputy Chief Executive Officer
______________________________________________________________________
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