Report of the utilization of capital increase
SET. 02/2008
January 22, 2008
Subject : Report of the utilization of capital increase
Attention : President The Stock Exchange of Thailand
Major Cineplex Group Public Company Limited ('The Company') has the resolution of the Ordinary Shareholders Meeting No. 2/2003, held on April 22, 2003 regarding the issuance and offering of warrants to directors and employees of the Company (ESOP-W1) to purchase ordinary shares 19,500,000 units and resolution of the Ordinary Shareholders Meeting No. 3/2004, held on April 22, 2004 regarding the issuance and offering of warrants to directors and employees of the Company (ESOP-W2) to purchase ordinary shares 3,500,000 units, which the Company has received capital from exercised warrants between July 1, 2007 to December 31, 2007 as follows :
1. Baht 3,923,303.40 derived from the ninth exercised right on warrants to purchase ordinary shares, which the company has allotted to the directors and employees of the company (ESOP-W1) on October 1, 2007.
2. Baht 45,831,252.00 derived from the seventh exercised right on warrants to purchase ordinary shares, which the company has allotted to the directors and employees of the company (ESOP-W2) on October 1, 2007.
The amount totaling Baht 49,754,555.40.
The total amount received from the exercised right on warrants above was reserved for the Company's working capital. The usage of fund from capital increase is in line with the objective earlier disclosed by the Company to the Stock Exchange of Thailand.
Please be informed accordingly.
Yours faithfully,
(Mr.Chattaphum Khantiviriya)
Chief Financial Officer