ข่าวแจ้งตลาดหลักทรัพย์
07 พฤศจิกายน 2548
Sale and Purchase Ordinary Shares in SEAN
(Translation)
No. CK-05-0000-PO-L-0291
November 7, 2005
Re: Sale and Purchase 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 sell
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 addition, on October 20,
2005, the Company informed the Stock Exchange of Thailand that the Company
sold 1,250,000 ordinary shares in SouthEast Asia Energy Limited to Bangkok
Expressway Public Company Limited.
At present, the Company hereby informs you that the Company has
already sold 10,000,000 ordinary shares in SouthEast Asia Energy Limited
to Ratchaburi Electricity Generating Holding Public Company Limited. Such
10,000,000 shares were divided into 2,500,000 shares which have been fully
paid-up, at the price based on the par value of Baht 10 per share,
amounting to Baht 25,000,000, while the other 7,500,000 shares, merely 25
percent of which have already been called and paid-up, were therefore sold
by the Company at the price of Baht 2.50 per share, amounting to Baht
18,750,000, thereby totaling Baht 43,750,000. Furthermore, the Company
has purchased 400,000 ordinary shares in SouthEast Asia Energy Limited
from Shlapak Development Company (an existing shareholder without any
connection with the Company) and 400,000 ordinary shares from P.T.
Construction & Irrigation Company Limited (an existing shareholder without
any connection with the Company), at the price of Baht 2.50 per share,
thereby totaling Baht 2,000,000. As a result, the Company currently holds
21,799,995 shares representing 54.50 percent of the registered capital in
SouthEast Asia Energy Limited (formerly the Company held 30,999,995 shares
representing 77.50 percent of the registered capital in SouthEast Asia
Energy Limited).
Please be informed accordingly.
Very truly yours,
(Mr. Anukool Tuntimas)
Executive Vice President
Human Resource and General Administration
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(Translation)
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