to set up Cellular Products & Services Co Ltd

27 มิถุนายน 2538
Loxley Plc (LOXLEY) will set up a wholly-owned subsidiary namely Cellular Products & Services Co Ltd in accordance with a resolution made at its board of directors meeting on June 26, 1995. LOXLEY will hold a 100% stake in the company's registered capital of Bt20 million. The company will raise the investment fund from its working capital. The newly established firm will sell telecommunication and various type of communication equipment. LOXLEY said that the purpose of the investment is to expand its business and it will also receive the dividend from the investment. The size of the transaction calculated using the remuneration is equal to 0.28% LOXLEY will report on further development of the matter accordingly. Translated by The Nation