08 December 1997
TAKES MORE STAKE IN AYUDHYA KASET
Central Pattana Plc increased holding ownership in Ayudhya Kaset Thani
Co, Ltd from 10% to 12% as detailed below:
Characteristics of acquired assets : 73,846 common shares in Ayudhya
Kaset Thani Co, Ltd or 2% of registered capital
Ayudhya Kaset Thani's capital : Bt400 m split into 4 m common shares,
Bt100 par value, totally paid up
Total ownership now : 473,846 shares
Objectives : to have more administrative authority in that firm
Remunerations : Bt4.8 m (Bt65 apiece)
Value criteria : based on par value and current net assets
Transaction size : not categorised as acquisition of listed company's
assets nor connected transaction.