TO INVEST IN LOXLEY-HITACHI CABLE ENGINEERING CO

29 August 1994
Loxley Plc (LOXLEY) reported that the company is to set up a new company, Loxley-Hitachi Cable Engineering Co Ltd, with a registered capital of Bt20 million, divided into 20,000 shares at Bt1,000 apiece in accordance with its board resolution at the meeting No.4/1994 on August 26, 1994. The company's business is to construct and set up computer networks in robotic systems (Production), Cable TV systems and outside plan networks. LOXLEY will hold a 33% stake of the company's capital and it will raise Bt6.6 million funds from its working capital in order to expand its business. Translated by The Nati