REPORT ON THE UTILIZATION OF THE INCREASED CAPITAL
[Translation]
Ref. PDI.B.02.02/2001
17 January, 2001
To : President
The Stock Exchange of Thailand
Re. : Report on the utilization of the increased capital
We refer to (i) the new shares allotted and sold to a specific investor totalling 75,100,007
units at Baht 13.50 each, of which the net fund received amounted to Bt1,013.85m, as detailed in
our letter ref. PDI.B.02.65/2000 of 27 July 2000, and (ii) paragraph 8 of notification of the board
of governors of the Stock Exchange of Thailand, re.: rules, conditions and procedures governing
the disclosure of information in respect of capital increase of listed companies dated 31 December
2000.
According to the objective and plan of the capital increase, the proceeds would be used to
repay the company's debt. On 20 July 2000 the company has received the payment of the capital
increase and on 21 July the company has repaid the said debt in the amount of Bt835.62m
according to the Second Override Amendment Agreement dated 2 June 2000. The remaining
capital increase in the amount of Bt178.23m will be utilized as the company's working capital.
Please be notified accordingly.
Yours truly,
- Signature -
(Pinit Vongmasa)
Chief Executive Officer
Board Secretary Division
Tel. 661 9900 Ext. 1501, 1402
Translated by Surin Tanticharoenkiat : Acting Board Secretary