SET Announcements
26 March 1997
CORRECT NEWS ABOUT BT3 BILLION DEBT WITH FIN1
Sansiri Plc. (SIRI) dismissed news published in "Matichon" and
"Wattachak" newspapers dated March 18, 1997, thai said SIRI owed Finance
One Plc. (ONE) a total of Bt3 billion.
SIRI described the reports as a distorsion of fact, correcting that
its debts with FIN1 currently totalled only Bt326 million. The company
added that the amount had high-quality collaterals, and it has always
been strictly punctual in repaying debts to FIN1 as well as every other
creditors of the company.
Translated by The Nation