purchases stake in two firms
21 เมษายน 2537
LOXLEY PURCHASES STAKE IN TWO FIRMS
Loxley Plc (LOXLEY) reported that the company would purchase a total of
204,995 shares at Bt100 par totalling Bt20,499,500 in Hutchison
Telecommunications (Thailand) Co Ltd, and a total of 894 shares at Bt100 par
worth Bt89,400 in Loxley Pagephone Co Ltd. LOXLEY will purchase the shares
from Ekepawee Co Ltd, which is a major shareholder in the two companies.
Moreover, LOXLEY will purchase a total of 100 shares at Bt100 par worth
Bt10,000 in Loxley Pagephone Co Ltd from Wasan Jatikawanich, who is the
company's director.
At present, LOXLEY is the major shareholder of the two companies, currently
holding a 55% stake in Hutchison Telecommunication (Thailand) Co Ltd, an
increase from a previously held 45% stake. LOXLEY also holds a 54.94% stake in
Loxley Pagephone Co Ltd, up from earlier holdings of 45%.
LOXLET said the company's profits will increase from investment in the two
companies because both companies have started to have increased profits from
their operations.
Translated by The Nati