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