ข่าวแจ้งตลาดหลักทรัพย์
ANNOUNCES A CONNECTED TRANSACTION
21 กันยายน 2542
(Translation)
No. Tor Hor.037/1999
September 20, 1999
Subject : Announces a connected transaction
Attention : Director and Manager of The Stock Exchange of Thailand
Thanulux Public Company Limited would like to announce that the board of director's
meeting No. 6 held on September 17, 1999 passed resolutions concerning a connected
transaction of selling common shares. The details are as follows:
1. The date on which the transaction occurred : September 17, 1999.
2. The parties involved :
2.1 Buyer : Champ Ace Co., Ltd is the garment.
Seller : Thanulux Public Company Limited is the garment and leatherware business.
2.2 Buyer : Ramasorn Thaveekarn Co., Ltd. is the trading and holding company.
Seller : Thanulux Public Company Limited is the garment and leatherware business.
3. The general characteristics of the transaction : Disposal of assets.
4. The details of the assets involved : Common shares and investment.
Securities
4.1 The company name : International Commercial Coordination (Hong Kong) Ltd.
The nature of business : Apparel
Registered capital : 10,000 shares par value HK$ 100.00
Paid-up capital : HK$ 1,000,000
Number of securities holding before : 2,000 shares
Number of securities disposed of : 200 shares
Selling price per share : HK$ 131.2 (Book value on June 30, 1999)
Exchange rate on June 30, 1999 Baht 5.1277/HK$
Proportion of securities holding before : 20% of the registered capital
Proportion of securities holding after : 18% of the registered capital
4.2 The company name : Puning Xie Zhong Garment Co., Ltd.
The nature of business : Garment
Registered capital : 20,030,000 RMB (2,400,000 unit)
Paid-up capital : 20,030,000 RMB (2,400,000 unit)
Number of securities disposed of : 367,920 unit
Selling price per share : 4.7749 RMB (Book value on June 30, 1999)
Exchange rate on June 30, 1999 Baht 3.62/RMB
Proportion of securities holding before : 33.33% of the registered capital
Proportion of securities holding after : 18% of the registered capital
5. The total value of assets disposed of : Baht 6,494,098.82
6. The reason for the acquired of the assets : Decrease the proportion of investment.
7. The details of the connected persons and of related persons :
Names Position in the company
Mr. Boonsithi Chokwatana - President of Thanulux Public Company Limitd
- President of Ramasorn Thaveekarn Co., Ltd.
- Vice President of Champ Ace Co., Ltd.
- A major shareholder of Ramasorn Thaveekarn Co., Ltd.
Mrs. Varindr Leelanuwatana - Deputy Managing Director of Thanulux Public Company
Limitd
- Deputy Managing Director of Ramasorn Thaveekarn
Co., Ltd.
- Executive Director of Champ Ace Co., Ltd.
Miss Dusadee Soontrontumrong - Executive Director of Thanulux Public Company Limited
- Executive Director of Ramasorn Thaveekarn Co., Ltd.
Mr. Poa Pavarolarvidya - Director of Thanulux Public Company Limited
- Director of Champ Ace Co., Ltd.
8. Item of description : 0.76%
Please kindly acknowledge the above matters.
Faithfully Yours,
(Miss Dusadee Soontrontumrong)
Director