001/020/2007
March 23, 2007
President
The Stock Exchange of Thailand
62 Ratchadapisek Road,
Klongtoei, Bangkok 10110
Dear Sir,
Re. : Subsidiary of Amata Corporation PCL. invest in a new company
Amata Corporation Public Company Limited wishes to inform the resolution of the Board of Directors of Amata City Company Limited, a subsidiary company in which Amata Corp. holds 83.67% shares, at the meeting No. 1/2007 held on March 23, 2007. The meeting approved an investment in Thai-Chinese Rayong Industrial Realty Development Co., Ltd. The details are as follows :-
1.The date on which transaction occur: | April , 2007 |
2.The company name: | Thai-Chinese Rayong Industrial Realty Development Co., Ltd. |
3.The nature of its business: | Rental factory business |
4.Registered capital: | Baht 50 Million |
5.Paid-up capital: | Baht 50 Million |
6.Purchasing price per share (unit): | Baht 100 |
7.Proportion of securities: | Minimum 30% |
8.Board of directors compose of 5 persons, including 2 persons from Amata City Co., Ltd that is Mr.Viboon Kromadit and Mr. Huang Zhengyu | |
9.ShareholdersName% of shares held |
1. Mr.Wang Li Cheng:40% 2. Mr.Xiao Qi Jing:8% 3. Mr.Xu Gen Luo:1% 4. Amata City Co.,Ltd.:Minimum 30% 5. Others:The rest |
10.The benefit expected to be received: | Dividend |
11.The sources of funds: | Income from selling land to Thai-Chinese Rayong Industrial Realty Development Co., Ltd.For your information. |
Yours sincerely,
AMATA CORPORATION PUBLIC COMPANY LIMITED
Pol.Gen. Chavalit Yodmani
Chairman