Notification of Loan from BBL
20 December 2007
Tor 23/2550 December 19, 2007
Subject: Notification of Loan from Bangkok Bank Public Co.,Ltd.
To: The President
The Stock Exchange of Thailand
Due to the Company's request for loan from Bangkok Bank
Public Co., Ltd., the loan amount Baht 1,000 million was approved
to the Company. Therefore, the Company's Board of Directors resolved
to borrow the loan from Bangkok Bank Public Co., Ltd. for the amount
of Baht 1,000 million for the purpose of repayment of the Thai currency
debenture due in year 2007 and 2008. The loan period is 4 years with
following repayment conditions: 1st installment, to repay principle
for the amount of Baht 50 million / 2nd and 3rd installment, to repay
principle for the amount of Baht 100 million for each tranche / 4th
installment, to repay principle for the amount of Baht 750 million.
The first installment is due on the 12th month from the date of first
loan withdrawal and next installments are due every 12 months. The
repayments will be done in the last date of the month. The last
installment clearing all remaining debt will be done within
October 31, 2011.
Please be informed accordingly.
Sincerely yours,
Loxley Public Company Limited
(Mr. Pichai Mooputtarak)
Secretary of Board of Directors