OUTLAY OF PROCEEDS

07 January 1998
Thanulux Plc revealed the utilisation of proceeds gained from capital increase as follows: Investment : purchase Lampoon-located building and machineries for BOI project in a bid of business expansion Proceeds : Bt44 m Spent amount : Bt35,123,499.58 Investments of this project : Bt1,982,652.86 Balance : Bt6,893,847.56 aimed at using as working capital (The reason of remaining proceeds is over-estimated value of machineries. Progress of project : completed.