Acquistion of Shares in Amata (Vietnam)

BackNov 07, 2007

001/147/2007

November 6, 2007

President
The Stock Exchange of Thailand
62 Ratchadapisek Road,
Klongtoei, Bangkok 10110

Dear Sir,

Re. : Acquisition of Shares in Amata (Vietnam)

The Board of Directors of Amata Corporation Public Company Limited at the meeting No. 5/2007 held on November 6, 2007 approved the purchase of shares in Amata (Vietnam) Co., Ltd. The details are as follows :-

1. The date on which the transaction occurred : About November 2007
2. The parties involved
Name
Relationship
Buyer : Amata Corporation PCL : Listed Company
Seller : Siam Commercial Bank PCL : No relation with listed
3. General characteristic of the transaction

- Type of the transaction : An acquisition of assets with the size of transaction smaller than 15%

- Size of the transaction : 0.39%

- Criteria of evaluating the size : The net operating profit

4. Details of assets of the transaction

- Issuer : Amata (Vietnam) Co.,Ltd.

- Business type : Developer industrial estate

- Register capital (In Amata (Vietnam ) : US$ 17 Million there is no par value and number of shares) - Paid up capital : US$ 17 Million

- No. of shares purchased (Purchase all : 2.10% of registered shares owned by Siam Commercial Bank capital PCL)

- Percentage before the purchase : 60.78%

- Percentage after the purchase : 62.88%

- Director of Amata (Vietnam)

1. Mr. Vikrom Kromadit 2. Mr. Chackchai Panichapat
3. Mr. Nguyen Minh Huy 4. Mr. Viboon Kromadit
5. Mrs. Somhatai Panichewa 6. Mr. Huynh Ngoc Phien
7. Ms. Nguyen Mai Anh 8. Mr. Anucha Sihanatkathakul
9. Mr. Nguyen Van Tuan 10. Mrs. Varaporn Vatcharanukroh

- Major shareholders of Amata (Vietnam)

ame
% of Shareholder
Amata Corporation PCL. :
60.78%
Sonadezi (Bien Hoa) :
30.00%
5. Total value of the consideration (Amount paid by Amata to purchase all shares): US$ 440,000
6. Total value of assets (Amount invested in Amata (Vietnam) by Siam Commercial Bank PCL) US$ 360,000
7. Criteria used in fixing the purchase amount : Under negotiation between Buyer and Seller
8. Expected benefit to the listed company : Dividend
9. Source of fund : Working capital

For your information.

 

Yours sincerely,
AMATA CORPORATION PUBLIC COMPANY LIMITED

 

Pol.Gen.Chavalit Yodmani
CHAIRMAN

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