ข่าวแจ้งตลาดหลักทรัพย์
20 ตุลาคม 2548
Sale of Ordinary Shares in SouthEast Asia Energy Limited
(Translation)
No. CK-05-0000-PO-L-0277
October 20, 2005
Re: Sale of Ordinary Shares in SouthEast Asia Energy Limited
(Subsidiary)
Attn: President of the Stock Exchange of Thailand
Reference is made to the fact that the Extraordinary General
Meeting of Shareholders No. 1/2004 of CH. Karnchang Public Company
Limited, held on December 21, 2004, resolved to grant approval for the
Company to purchase and/or waive its option to purchase capital increase
shares, and/or transfer the option to purchase ordinary shares in
SouthEast Asia Energy Limited, which might occur in the future, to other
persons and/or legal entities to join the investment at the rate of 65-75
percent of the company's registered capital, so that the Company would
hold shares only 25-35 percent of the registered capital. In this
regard, the Executive Board would be authorized to consider approving the
details, selling price and conditions for further offering of the option
to such other persons and/or legal entities. After the sale and/or
waiver of the option to purchase capital increase shares and/or transfer
of the option to purchase such number of shares to other persons and/or
legal entities, the Company would hold shares in SouthEast Asia Energy
Limited approximately 25-35 percent of the registered capital.
The Company hereby informs you that the Company has already sold
1,250,000 ordinary shares in SouthEast Asia Energy Limited to Bangkok
Expressway Public Company Limited, at the price equal to the par value of
Baht 10 per share, in the total transaction value of Baht 12,500,000 in
accordance with the resolution of the Board of Directors Meeting No.
5/2005, held on August 16, 2005. As a result, the Company currently
holds 7,749,995 shares representing 77.50 percent of the registered
capital in SouthEast Asia Energy Limited (formerly the Company held
8,999,995 shares representing 89.99 percent of the registered capital in
SouthEast Asia Energy Limited).
Please be informed accordingly.
Very truly yours,
= Signature =
(Mr. Plew Trivisvavet)
Chief Executive Officer