August 13, 2022

Delta Paint Public: Report on the use of funds raised during the IPO

DPAINT-001-02/2565

Date July 25, 2022

Subject: Report on the use of funds raised during the IPO

TO:

Director and Manager

The Stock Exchange of Thailand

According to the initial public offering (“IPO”) of Delta Paint Public Company Limited during the period from October 19 to October 21, 2021 for an amount of 53,250,000 shares at a price of 7.5 baht per share, Delta Paint Public Company Limited (“the Company”) had received the total fund after deducting subscription fees and other related costs of 373.2 million baht.

The Company wishes to report the use of funds raised during the IPO as of June 30, 2022 as follows:

Unit: Million baht

Cumulative use of

Cumulative use of

Outstanding balance

Valued

product between

Product use

Product from

of the

Rising

January 1 to June 30

December 31, 2021

June 30, 2022

2022

1.

Investment in the production plan on

150.0

150.0

building and machine in Suwinthawong

Plant

2.

Investment in automatic tinting machine

100.0

18.3

81.7

in the amount of 440 units

3.

Investment in corporate resources

10.0

1.3

0.7

8.0

Planning software (ERP)

4.

Investment in a laboratory

5.0

0.8

4.2

5.

Loan repayment

25.0

25.0

6.

Working capital

83.2

83.2

Total

373.2

109.5

19.8

243.9

Please be informed accordingly,

Cordially,

________________________________

(Mr. Athapon Tangkaravakoon)

Financial director

Delta Paint Public Company Limited

Disclaimer

Delta pcl paint published this content on July 25, 2022 and is solely responsible for the information contained therein. Distributed by Audienceunedited and unmodified, on July 25, 2022 02:03:03 UTC.


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