Usage of increased paid-up capital
SF 037/50
30 January 2007
Subject: Usage of increased paid-up capital
To: President The Stock Exchange of Thailand
With reference to the resolution of Shareholders' Extraordinary Meeting No. 1/2006 of Siam Future Development Public Company Limited on 14 July 2006, the Company increased capital from Baht 500,000,000 to Baht 533,947,769 and from Baht 424,117,769 of paid-up capital to Baht 508,941,438 by allotment 84,823,669 shares to existing shareholders in proportion to their shareholding at the ratio of 5 current shares to 1 newly issued shares at the price of Baht 5 per share and subscription and payment period from 7-11 August 2006, totaling Baht 424,118,345.
The Company would like to report the usage of increased paid-up capital as follows:
Increased paid-up capital from existing
shareholders from 7-11 Aug 06 |
424,118,345 |
Baht |
Usage of increased paid-up capital |
(424,118,345) |
Baht |
Cash at ending as at 31 December 2006 |
0 |
Baht |
The company would like to report the usage of increased paid-up capital until December 31, 2006 that the whole amount of increased paid-up capital had been used for the land lease payment and construction of our 2 new shopping centers, Esplanade Ratchada and La Villa Phahonyothin.
Please be informed accordingly,
Yours sincerely,
(Mr.Somnuk Pojkasemsin)
President