Report on the conversion of US$100,000,000 3.5% Convertible
15 May 1998
Tor.13/1998 May 15, 1998
RE : Report on the conversion of US$100,000,000 3.5% Convertible
Bonds due 2005
Dear President
The Stock Exchange of Thailand
Loxley Public Company Limited ("the Company") would like
to report on the conversion of US$100,000,000 3.5% Convertible
Bonds due 2005, convertible into shares of the Company from, and
including, 20th July, 1995 up to, and including, 20th March, 2005.
Bondholders may s0ubmit a Conversion Notice at any time during
the conversion period but the conversion date for any Conversion
Notice submitted during the calendar month will be the last
business day in Bangkok of that calendar month.
Please be advised that the Company have not had any
conversions for the above bonds for the month of April 1998.
Sincerely yours,
Loxley Public Company Limited
(Ms. Suganya Veerakiatkij)
Senior Vice President
Accounting & Budgeting Dept.