SET Announcements
30 November 2009
Clarification News Company never invested Dubai
= Translation =
Ref: CK-09-0000-PO-L-0083
November 27, 2009
Subject Clarification on News
Attention President
The Stock Exchange of Thailand
Reference is made to the fact that it appears in the press about the
impact concerning CH. Karnchang Public Company Limited and the construction
company investing in Dubai. In this regard, there have been an increasing
adjustment of the Thai stock market index arising from concerns about the
credit of the City of Dubai wipe institutions ranked reliability that enabled
its confidence rating down according to the situations on the extension for
debt repayment of the local construction project for another 6 months. H CH.
Karnchang Public Company Limited owever, such problems has also affected to
the investor's confidence.
Thus, CH. Karnchang Public Company Limited hereby clarifies that the
Company had never invested and/or awarded any construction projects dealing
with the countries in the Middle East including Dubai whatsoever.
Hence, kindly please be informed accordingly.
Sincerely yours,
= Signature =
(Mr. Plew Trivisvavet)
Chief Executive Officer