9th July 2008

Subject : Report of the utilization of capital increase from IPO

To : The President The Stock Exchange of Thailand

Regarding to Asiasoft Corporation Public Company Limited ("the Company") issued new shares for capital increase by initial public offering ("IPO") of 75 million shares,during the period at 20th-22nd May 2008 at the IPO price of Baht 12 per share,totaling net amount of Baht 871 million after deduction of the offering expenses.

The Company would like to report of its utilization of capital increase from IPO at the end of 30th June 2008 as following:

(Baht million)

Objective of spending capital	Amount under Utilization projection	Actual spending between May 2008-June 2008	Actual spending Unused spending
1.Investment of online game serviceVietnam and Malaysia and expansion to relative business	200	-	200
2.Acquire new license of online game	400	6.7	393.3
3.Additional investment in servers and computer systems for improving service efficiency	100	-	100
4.Development of online game -	70		70
5. Working capital	101	-	101
Total	871	6.7	864.3

Therefore, all amount of remaining capital was Baht 864.3 million.

Please be informed accordingly.

 

Yours faithfully,

 

(Mr.Lertchai Kanpai)
Managing Director

 

Attachments

20080710_asE1.pdf (Size: 58,722 bytes)

Email AlertsSubscribe

IR Contact

IR Downloads