News Detail
Date/Time
31 Jul 2018 17:56:00
Headline
Report of the utilization of capital increase by Digital Telecommunications Infrastructure Fund
Symbol
DIF
Source
DIF
JorTor 11- 610152 July 31, 2018 To: The President The Stock Exchange of Thailand Re: Report of the utilization of capital increase by Digital Telecommunications Infrastructure Fund (the "Fund" or "DIF") We, SCB Asset Management Company Limited (the "Management Company") as the management company of DIF, would like to report the utilization of capital increase according to the offering for sale of the new investment units to Preferential Public Offering and Public offering at the total amount of 3,829,943,054 units, at the offering price of Baht 13.90 per unit. The Fund completed its investment in the Telecom Infrastructure Assets for Additional Investment No. 3 on 17 May 2018, using the proceeds from the capital increase through sale of the new investment units at Baht 53,236,208,450.60 and loan from financial institutions at Baht 2,000,000,000.00. Therefore, the remaining proceeds from the capital increase is Baht 0.00. The Telecom Infrastructure Assets for Additional Investment No. 3 comprise: (i) the ownership of 2,589 telecommunications towers and other related passive telecommunications infrastructure for mobile telecommunications services acquired from True Move H Universal Communication Company Limited; (ii) the ownership in FOC for provision of mobile services in provincial areas with an approximate length of 8,017 kilometers (or equal to 252,006 core kilometers) acquired from True Move H Universal Communication Company Limited; (iii) the ownership in core FOC for provision of mobile and Internet services in the BMA with an approximate length of 546 kilometers (or equal to 117,871 core kilometers) acquired from True Move Company Limited; (iv) the ownership in FOC for FTTx for provision of Internet and broadband Internet services in provincial areas with an approximate length of 5,933 kilometers (or equal to 220,428 core kilometers) acquired from True Move Company Limited; and (v) a long-term leasehold of approximately 30 years of FOC for FTTx for the provision of Internet and broadband Internet services in the BMA with an approximate length of 12,872 kilometers (or equal to 619,986 core kilometers) leased from True Internet Corporation Company Limited, including a call option of the FOC for FTTx upon the expiration of the term of the long-term leasehold with an exercise price of Baht 1,300 million. Please be informed accordingly. Yours Faithfully, Digital Telecommunications Infrastructure Fund By SCB Asset Management Company (Mrs. Tipaphan Puttarawigorm) Executive Vice President, Property and Infrastructure Investment Group ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.