CHANGES SALE PRICES OF UO SHARES
04 November 1994
Loxley Plc (LOXLEY) reported the change of the sale price of Unithai
Oxide Plc (UO) shares which the company sold to Siripinyo Chemical Plc.
The company previously reported that UO shares were to be sold at
Bt194 apiece. Details appeared in the SET Daily dated October 18 and 20,
1994.
Loxley said that the principle price of the shares at Bt173 apiece
did not include the acquisition or sale cost of the UO shares, which will
result in an increase of the share price to Bt187 apiece.
At the company's board meeting on November 3, 1994, it was thus
approved that the company change the sale price of UO shares from the
previous price of Bt194 apiece to no less than Bt205 apiece.
The change will result in a decreased profit for the company from the
sale by Bt3 apiece.
Loxley additionally said that other conditions for the sale still
remained unchanged.
Translated by the Nati