ข่าวแจ้งตลาดหลักทรัพย์

LOXLEY SET TO ENTER JV WITH GEL LOXLEY reported an approval of its board directors on March 14, 1994 to enter a joint venture agreement with General Engineering Plc (GEL) to form a new company, Loxley Infra Co Ltd. The registered capital of the new company is set for Bt20 million. The new company will focus on public telephone network installation and other public works. Preperation to set up the new company is now underway. The objective of the investment is to support Loxley's main business, particulary the extension of its own telecommunication services. Details of the investment are as follows: @ New Company Name : Loxley Infra Co Ltd @ Kind of Business : Telephone Network Installation and other infra-structure development @ Registered Capital : 200,000 shares at Bt100 par value, amounting to Bt20 million @ Shareholding Structure : Loxley will hold 120,000 shares or a 60% stake, and GEL will hold 80,000 shares or a 40% stake.