SET Announcements
11 November 1996
CLARIFIES NEWS CONCERNING INVESTMENT IN SOMPR'S BAAN PI
Sansiri Plc. (SIRI) clarified published news which said the company
would invest in Baan Piman Project (Thonburi-Paktor) of Somprasong Land
Plc. (SOMPR).
SIRI said it received an offer to sell land of the mentioned project,
as said in the report. The offer was made by an outsider, and the company
is presently considering and studying the possibility of the offer, based
on its normal procedures in buying land for development. It has not yet
made any direct contact or negotiation with SOMPR itself.
Translated by The Nation