14 October 2005
Report onthe Used of Capital Recived from Increase Capital
0874/2005
14 October 2005
Subject: Report on the Use of Capital Received from Increase Capital
To: The Managing Director
The Stock Exchange of Thailand
Whereas Phatra Public Company Limited had allocated and offered 150,000,000
ordinary new shares from the Company's increase of registered capital
to existing shareholders during the period 29 August 2005 to 2 September 2005
at the offering price of 2.30 Baht per share. A total of 147,369,569 shares
were subscribed by them, resulting in the company receiving the total amount
of 338,950,008.70 Baht.
The entire amount thereof had been used to repay the short-term loan
during the period 15-21 September 2005 in the amount of 400,000,000 Baht
whereby the excess amount was taken from the company's existing
working capital.
Please be informed accordingly.
Sincerely yours,
Phatra Leasing Public Company Limited
(Mr. Krirkchai Siribhakdi)
President