Entering Agreement Service of Lottery-Game System
29 กรกฎาคม 2548
Tor. 9/2548 July 29, 2005
Subject: Reported on entering the Contracting Agreement
for Service of Lottery-Game System
To: President
The Stock Exchange of Thailand
LOXLEY GTECH Technology Company Limited
("LGT"), a subsidiary company of Loxley Public Company
Limited (the "Company"), had informed the Company
which details as following:
Today LGT (as a Contractor) has entered into the
Contracting Agreement for Service of Lottery-Game System
with Government Lottery Office (as an Employer). The
contract is to design and install Lottery-Games System,
communication system, vending terminals, various supporting
systems, as well as implementation, provision of services and
provision of maintenance to various systems and lottery
vending terminals throughout the nation in the total of
12,000 terminals. This Agreement shall be in effective as
from the Agreement signing date for the period of 5 years
commencing on the date of actual lottery sale onwards and
can extend for not exceeding 3 terms each of which shall
not exceed 1 year. The services charges under this Agreement
shall be calculate on a monthly basis according to the
calendar month, by multiplying all volumes of sale
transactions in that particular month with Baht 0.75
(Excluded VAT) per transaction. In addition, the annual
service charge from the 2nd year onward shall be capped
at 2.4% (Excluded VAT) of the total sale volumes of
each year.
LGT shall carry out and install lottery terminals of not less
than 3,000 terminals for actual commercial launch within
210 days after the Agreement signing date and shall
gradually install lottery vending terminals of at least 1,000
terminals per month until the terminals reach the number
stipulated by the GLO.
Please be informed accordingly.
Yours sincerely,
Loxley Public Company Limited
(Mr.Pichai Mooputtarak)
Secretary of Board of Director