Jay Mart Public : Report on the use of capital increase of Jay Mart Public Company Limited
July 26, 2022 at 07:49 am
Share
- Translation -
Ref: IR65/015
26 July 2022
Subject
Report on the use of capital increase of Jay Mart Public Company Limited
To:
President
The Stock Exchange of Thailand
According to Jay Mart Public Company Limited ("the Company") held the Extraordinary General Meeting of Shareholders No. 2/2021 of November 1, 2021, it was approved to increase the registered capital of the Company in the amount of 384,803,597 shares at par value. 1.00 baht by offering for sale of newly issued ordinary shares by private placement of 342,361,387 shares at a par value of 1.00 baht per share. And offered for sale at a price of 30.3370 baht per share, representing a value 10,386,217,397.42 baht (One thousand three hundred eighty-six million two hundred and seventeen thousand three hundred ninety-seven baht forty- two satang) after deduction of expenses in this offering (excluding VAT or other taxes related) remaining 10,385,917,397.42 baht (Ten thousand three hundred eighty-five million nine hundred and seventeen thousand three hundred ninety-seven baht forty-two satang). In addition with the allocation of warrants to purchase newly issued ordinary shares of the Company allocated to investors who subscribe and has been allocated 42,060,884 units of newly issued ordinary shares to a private placement (JMART-W6) without considering the offering value (The offering price per unit is 0 baht) at the exercise price of 30.3370 baht per share, representing a value 1,276,001,037.90 baht.
The company requests to report the results of the use of money from the capital increase between January 1 - June 30, 2022, details are as follows:
The purpose of using the money
Received
Period of
Amount
Remaining
amount
use of
spent
As of 30
(M.THB)
money
June 2022
Proceeds from the offering of newly issued ordinary shares to private placement
(1) Increase capital in subsidiaries and associated
companies according to the rights
5,384.27
by 2021
5,384.27
-
- Purchase of newly issued ordinary shares of JMT
1,232.09
by 2021
1,232.09
-
- Purchase of newly issued ordinary shares of SINGER
(2) Repay loans to financial institutions and debentures
3,769.86
by 2024
603.00
3,166.86
Including the use of proceeds from the IPO
10,386.22
7,219.36
3,166.86
The money expected to be received from the private placement's warrant exercise (JMART-W6) has not been received because the warrants have not been converted.
Please be informed accordingly.
Yours Faithfully,
- Signed -
(Ms. Ladda Waruntarakul)
Company Secretary
Jaymart Public Company Limited
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Jay Mart pcl published this content on 26 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 July 2022 11:48:06 UTC.
Jaymart Group Holdings Public Company Limited, formerly Jay Mart Public Company Limited, is a Thailand-based technology investment holding company (T-IHC). The Company primarily invests in mobile retail and wholesale distribution businesses, debt collection and management, property development, personal loan business and potential businesses. Its businesses include Retails, Finance and Technology. It operates mobile phones, accessories, and gadgets in approximately 200 shops. It operates a coffee shop chain under the brand Casa Lapin. It is focused on retail finance for consumers. It also provides non-life insurance services. It provides hire purchase lending for home appliance and commercial appliance and car title loan business in Thailand. The Companyâs subsidiaries include JMT Network Services Public Company Limited, JAS Asset Public Company Limited, Jaymart Mobile Co., Ltd., J Ventures Co., Ltd., Beans and Brown Co., Ltd., J ELITE Co., Ltd., and Jay Dee Group Co., Ltd.