REPORTS ITS INVESTMENT IN CHINA

13 กันยายน 2539
Thanulux Plc (TNL) resolved in its 7/1996 Board of Directors' meeting held in September 12, 1996 to invest in Puning Xie Zhong Garment Co.,Ltd and Kunming Shenjian Fashion Dress Co.,Ltd in China as the details as follows: Company : Puning Xie Zhong Garment Co.,Ltd Characteristics: Produceready-made garments to export and to sell in China. Capital registration: US$1.5 million or Bt37.5 million Invesment proportion and partners: 1. Fuliang Lieusa Jernjiang Jidvason Ltd 6.67% 2. Saha Pattanapibul Plc 8.00% 3. ICC International 8.00% 4. Thai Wacoal Plc 8.00% 5. Bangkok Rubber Plc 8.00% 6. Unifab Equipment Ltd 8.00% 7. International Laboratories Ltd 8.00% 8. Saha Pattana Inter Holding Plc 12.00% 9. Thanulux Plc 33.33% Total 100.00% Objective: To produce and sell ready-made garments in China and other countries. Compensations: Dividends Financial sources: From financial institution and the working capital. Company: Kun Ming Shenjian Fashion Dress Company Co.,Ltd Characteristics: Produce ready-made garments and leatherwares Capital registration: US$ 500,000 or Bt12.5 million Investment proportion and partners: 1. Thanulux Plc 90% 2. Saha Pattana Holding Plc 10% Total 100% Objective: To produce ready-made garments and leatherwares in China and other countries. Compensations: Dividends Financial source: Capital increase. Translated by the Nation