According to International Engineering Public Company Limited (IEC) has resolved to increase capital offered to shareholders Right Offering (RO), which has XR sign on. 4-6 January 2016 and the book closing date on January 7, 2016. The Company has set the subscription and payment period 1-5 February 2016 and the sale of shares in a ratio of 8 existing shares to 1 shares of Baht 0.022 / share, the company expects to receive funding of 497.18 million baht from the capital increase at this time.
The existing shareholders can subscribe for the excess Rights Shares and, if any, outstanding subscription rights. The company will put the remaining shares will be allotted to the shareholders for subscription rights beyond all proportion to their existing shareholding one by one until none.
IEC has prepared for this capital increase by team up a dedicated call center to provide information and insight about raising this capital. Shareholders may call into question the company's number 02-619-0199 or contact the call center, as the following list.
1. Mr.Sivis Anantakul 090-281-7841
2. Ms.Apirat Premanode 086-374-6029
3. Mr.Satis Kiatkangwankrai 085-136-2888
4. Ms.Supawadee Ungpakorn 097-183-3860
5. Mr.Wasan Uiemruksiri 095-496-6189
6. Mr.Panmek Patamatidrapee 088-548-8458
The amount of the capital increase, IEC will invest in Waste Plastic Recycling in Hat Yai, Songkhla amount 67 million baht and biogas power plant project in Suphanburi and Kanchanaburi provinces amount 400 million bath and the surplus amount will be used as working capital of 30.18 million baht.
Source: IEC investor relations
13/01/2016