Judgment on Jago Case
25 February 2010
Tor 3/2553 February 25, 2010
Subject: Notification of the Supreme Court's Judgment on Lawsuit Between
Jago Co., Ltd. and The Government Lottery Office
To: President
The Stock Exchange of Thailand
Loxley Public Company Limited ("the Company") was reported from Jago
Company Limited ("Jago"), a subsidiary of the Company, that on February 24,
2010, the Supreme Court issued a judgment on lawsuit between Jago and the
Government Lottery Office ("GLO"), decided case no. 3672/2547. The
conclusion was that the contract appointing distributor and distribution of
online charity lottery between GLO and Jago fell under the Public-Private
Joint Venture Act B.E.2535. However, GLO did not follow the rules and
procedures of such act, the contract appointing distributor and distribution
of online charity lottery then has non-contractual effect to the government
and the other party. In addition, the arbitration settlement agreement which
was a part of this agreement was considered invalid. Therefore, the Supreme
Court has overturned the Civil Court's judgment. The case is final and GLO has
not to compensate Jago as the verdict of the arbitrators and the Civil Court.
Please be informed accordingly.
Sincerely yours,
Loxley Public Company Limited
(Mr. Pichai Mooputtarak)
Company Secretary