REPORTS INVESTMENT IN THANAKORN TRADING CO
17 พฤษภาคม 2537
LOXLEY REPORTS INVESTMENT IN THANAKORN TRADING CO
LOXLEY reported a resolution made by its board of directors at
its Meeting on May 13, 1994 that the company would purchase a stake
in Thanakorn Trading Co Ltd from Eakpavee Co Ltd. Details are as
follows:
Name of Company : Thanakorn Trading Co Ltd
Type of Business : Consumers product distribution
Registered Capital : Bt50 million divided into 50,000 shares at
Bt1,000 par
Investment : Bt25 million accounting for 25,000 shares at
Bt1,000 per share, or 50% of Thanakorn's
registered capital
Seller : Eakpavee Co Ltd, which is related to LOXLEY by
way of LOXLEY's committee, which holds a 11.46%
stake of Ekapavee Co Ltd's registered capital
The share purchase is a not a connected transaction because it
falls within SET regulation item 9.