SET Announcements
15 June 2011
Notification on Purchase of Ordinary Shares in Chiangrai Solar Co., Ltd.
Acquisition and disposition of assets
Reference is made to the fact that the Board of Directors' Meeting of CH.
Karnchang Public Company Limited No. 6/2010 which was held on November 22, 2010
passed a resolution granting approval for the Company to jointly invest in
Chiangrai Solar Co., Ltd. which is a juristic person having no connection with
the Company, by purchasing shares from its existing shareholders representing 30
percent of the registered capital, whereby the Company has already notified the
Stock Exchange of Thailand of such matter.
The Company hereby informs that on June 10, 2011, the Company has jointly
invested by purchasing 3,000 shares in Chiangrai Solar Co., Ltd., representing
30 percent, at the par value of Baht 100 per share, totaling Baht 300,000
(Chiangrai Solar Co., Ltd. has the registered capital of Baht 1,000,000, divided
into 10,000 shares, at the par value of Baht 100 per share), thereby bringing
the shareholding percentage in Chiangrai Solar Co., Ltd. to be as follows:
Shareholders Shareholding Percentage
(%)
1. Sonnedix Thailand II Limited 70.0
2. Mr. Franck Bernad Constant 0.0
3. CH. Karnchang Public Company Limited 30.0
______________________________________________________________________