ข่าวแจ้งตลาดหลักทรัพย์
22 มกราคม 2550
Exercise Right Subscribe for Capital Increase Shares in PTW
(Translation)
No. CK-07-0000-PO-L-0019
January 22, 2007
Re: Exercise of Right to Subscribe for Capital Increase Shares
in Pathum Thani Water Co., Ltd.
Attn.: President of the Stock Exchange of Thailand
Reference is made to the fact that CH. Karnchang Public Company
Limited informed the Stock Exchange of Thailand that Pathum Thani
Water Co., Ltd. ("PTW") had restructured itself by increasing its
registered capital from Baht 1,102,000,000 (11,020,000 shares) to
Baht 2,752,000,000 (27,520,000 shares), by issuing new 16,500,000
ordinary shares at the par value of Baht 100 per share and allocating
16,500,000 shares for capital increase to the existing shareholders
according to their shareholding ratio.
The Company hereby informs that the Company has exercised its
right to subscribe for 7,025,700 capital increase shares in PTW
according to its shareholding ratio at the par value of Baht 100 per
share, in the amount of Baht 702,570,000, in order to maintain its
shareholding ratio of 42.58 percent of the registered capital in PTW.
Moreover, since there were certain existing shareholders not
exercising their rights to subscribe for capital increase shares, the
Company therefore has also exercised its right to subscribe for
another 1,049,818 capital increase shares, according to its ratio,
from the existing shareholders who did not exercise their rights, at
the par value of Baht 100 per share, in the amount of Baht
104,981,800. The total number of subscribed shares was 8,075,518
shares, in the total amount of Baht 807,551,800 (the subscription for
capital increase shares from the existing shareholders who did not
exercise their rights was the exercise of right according to the
shareholding ratio of each shareholder, whereby no shareholder
exercised the right exceeding its ratio or waived the right to
subscribe for shares from the shareholders who did not exercise their
rights). Such exercise of the right to subscribe for shares then
rendered the Company holding 12,767,838 shares in PTW, representing
46.39 percent of the total shares of 27,520,000 shares.
In this regard, the shareholders of PTW who have subscribed for
capital increase shares shall pay for such shares by January 25,
2007. PTW will receive payment from such capital increase in the
total amount of Baht 1,650,000,000. PTW will use the money received
from the capital increase in the amount of Baht 300,000,000 to
purchase shares in BJT Water Co., Ltd., and the remaining amount will
be used for repayment of the loan under the Sponsors Support
Agreement.
Please be informed accordingly.
Very truly yours,
- Signature -
(Mr. Anukool Tuntimas)
Executive Vice President
Human Resource and General Administration