REPORTS UTILISATION OF FUND MOBILISED IN CAPITAL INCRE
08 July 1997
Siam Makro Plc. (MAKRO) reported on its utilisation of the fund
mobilised from offering of 19,825,700 new shares issued according to
resolutions made at the extraordinary shareholders' meeting no. 1/1996
held on August 15, 1996.
MAKRO said it received proceeds of Bt1,965 million from the share
offering (after expenses). In a previous report made, the company spent
an amount of Bt1,047 million in projects. The balance of proceeds stood
at Bt918 million.
The company now gives details of investments between January 1 and
June 30, 1997 as below:
(In Million Baht)
Expansion Projects Prospectus Previous Report This Report
(As at Dec 31, 96) (As at Jun 30, 96)
1. Makro Trade Center 1,670 771 286
2. Makro Auto Care 280 213 25
3. Makro Office Center 190 63 29
Total 2,140 1,047 340
The balance after investments during the first half of 1997 stands at
Bt578 million.