REPORTS SHARE SALE OF SR.W.GARMENT CO

29 November 1994
Thanulux Plc (TNL) reported the resolutions made at its twentieth board meeting no.10 on November 28, 1994 to sell 50,000 shares of SR.W. Garment Co Ltd to Thai Wacoal Plc. SR.W.Garment Co produces ready-made clothes for export. The company will receive the payment from 50,000 shares at Bt141 apiece worth Bt7.05 million from Thai Wacoal Plc in one payment once the shares have been transferred. The names of the connected persons are as follows: 1. Boonyasit Chokewatana: Chairman of TNL Advisory director of Wacoal Managing director of Saha Patana InterHolding Plc 2. Manoo Leelanuwat: Chairman of Wacoal Director of TNL Executive director of Saha Patana Inter Holding Plc 3. Warint Leelanuwat: Deputy managing director of TNL Wife of Manoo Leelanuwat, chairman of Wacoal 4. Saha Patana Inter Holding Plc: Major shareholder of TNL and Wacoal Translated by the Nation