REPORT ON THE USE OF THE PROCEEDS OF THE E.C.D.
02 July 1998
Tor.18/2541 June 30, 1998
Re: Report on the use of the proceeds of the issuance and the
offering of European Convertible Debentures (E.C.D.)
Dear President
The Stock Exchange of Thailand
The Company wishes to hereby report the use of the proceeds
of the issuance and the offering of European Convertible
Debentures (E.C.D.) Up to 30 June 1998 as follows:
Parts of the proceeds of the second issuance and offering
of the E.C.D. (E.C.D.2) have been utilized in April 1997
resulting in the balance of Baht 553 million. The Company has
slowed down its investments and the balance has not been
utilized at the moment.
Sincerely Yours,
Loxley Public Company Limited
(Ms.Suganya Veerakiatkij)
Senior Vice President
Accounting & Budgeting Dept.