Post by account_disabled on Dec 27, 2023 0:41:01 GMT -5
UREKA is delighted! Shareholders are confident in the future of the new business. Crowds subscribed to buy additional shares until they were all gone. With more than 203 million baht in cash, from now on it is ready to take on a giant project selling tap water to the Provincial Waterworks Authority for a period of 10 years. Executive "Lissapat Krakruang" revealed that he will begin to gradually recognize income from the 3rd quarter of 2020. “Turnaround” work as planned Mr. Lisapat Krakruan, Director of Eureka Design Public Company Limited (UREKA), revealed that the results of the sale of 254,215,937 additional common shares allocated to the company's existing shareholders in proportion to the number of shares each shareholder received.
Holding (Right Offering) at the C Level Executive List allocation rate of 5 existing shares to 2 new shares at a price of 0.80 baht/share, which opened for subscription between 26 May - 1 June 2020. It appears that there has been a response from holders. The stock is very The entire quantity was completely sold out. It reflects the confidence that shareholders have in the company. Including confidence in the new business that will be another channel to increase the source of recurring income for the company. “The money received from this capital increase, amounting to 203.37 million baht, the company is preparing to use to invest in water production and sales projects. with the Provincial Waterworks Authority (PWA) with an investment value of 237 million baht through the joint venture company Eureka Yuyu Co., Ltd. (yuyu), a subsidiary of the company. To invest in 2 projects with a production capacity of 31,200 cubic meters per day.
The total amount of tap water to be sold is 113.88 million cubic meters. There is a water purchase contract for a period of 10 years.” for expanding investment this time It is considered to be a diversification of business risk. and increase sources of income to grow strongly and steadily In line with the company's plans and strategies. To expand the company's operations in public utility projects By emphasizing engineering knowledge, which is the main basis of the company, applied in creating products. and providing new services It is a source of income that has long-term continuity and low risk.
Holding (Right Offering) at the C Level Executive List allocation rate of 5 existing shares to 2 new shares at a price of 0.80 baht/share, which opened for subscription between 26 May - 1 June 2020. It appears that there has been a response from holders. The stock is very The entire quantity was completely sold out. It reflects the confidence that shareholders have in the company. Including confidence in the new business that will be another channel to increase the source of recurring income for the company. “The money received from this capital increase, amounting to 203.37 million baht, the company is preparing to use to invest in water production and sales projects. with the Provincial Waterworks Authority (PWA) with an investment value of 237 million baht through the joint venture company Eureka Yuyu Co., Ltd. (yuyu), a subsidiary of the company. To invest in 2 projects with a production capacity of 31,200 cubic meters per day.
The total amount of tap water to be sold is 113.88 million cubic meters. There is a water purchase contract for a period of 10 years.” for expanding investment this time It is considered to be a diversification of business risk. and increase sources of income to grow strongly and steadily In line with the company's plans and strategies. To expand the company's operations in public utility projects By emphasizing engineering knowledge, which is the main basis of the company, applied in creating products. and providing new services It is a source of income that has long-term continuity and low risk.