ข่าวแจ้งตลาดหลักทรัพย์
03 มิถุนายน 2551
Notification of Capital Decrease in SAEN
(Translation)
No. CK-08-0000-PO-L-0060
June 3, 2008
Re: Notification of Capital Decrease in SouthEast Asia Energy Limited
Attn: President of the Stock Exchange of Thailand
CH. Karnchang Public Company Limited hereby informs that the
Extraordinary General Meeting of Shareholders of SouthEast Asia Energy Limited
(its associated company) resolved to grant approval for capital decrease by
Baht 2,205.25 Million from Baht 8,809.00 Million to Baht 6,606.75 Million
(660.675 million ordinary shares, at the par value of Baht 10 per share) by
way of transferring 220.225 million shares in respect of the decreased capital
in Electricite du Laos' shareholding ratio of 25 percent, at the par value of
Baht 10 per share, to be the share capital in Nam Ngum 2 Power Company
Limited (SouthEast Asia Energy Limited's subsidiary) according to the
obligations under the Concession Agreement and the commitment under the
long-term loan agreement requiring SouthEast Asia Energy Limited to transfer
its rights over benefits and obligations pursuant to the main documents of the
project to the subsidiary, provided that upon completion of the registered
capital decrease and the transfer of rights, SouthEast Asia Energy Limited and
Electricite du Laos would hold shares in the subsidiary at the ratio of 75
percent and 25 percent, respectively. In this regard, SouthEast Asia Energy
Limited completed the registration of the decrease of the registered capital
to Baht 6,606.75 Million with the Ministry of Commerce on January 2, 2008,
thereby resulting in changes in the shareholding percentage in SouthEast Asia
Energy Limited as follows:
Shareholders Amount of Shares Shareholding Percentage
Old Registered New Registered
Capital of Capital of
Baht 8,809.00 Million Baht 6,606.75 Million
1. CH. Karnchang Public 215,056,499 28.50% 38.00%
Company Limited
2. Ratchaburi Electricity 220,225,000 25.00% 33.33%
Generating Holding
Public Company
Limited
3. Electricite du Laos 220,225,000 25.00% -
4. Bangkok Expressway 110,112,500 12.50% 16.67%
Public Company
Limited
5. P.T. Construction & 35,236,000 4.00% 5.33%
Irrigation Company
Limited
6. Shlapak Development 35,236,000 4.00% 5.33%
Co., Ltd.
7. Team Consulting 8,809,000 1.00% 1.33%
Engineering and
Management Co., Ltd.
8. Mr. Nopadol Intralib 1 - -
The Company therefore holds shares representing 38.00 percent of the
total of 660.675 million shares 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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