SET Announcements
03 March 1999
H SIGN ON SIRI AFTER COMPANY REQUESTED
"H" SIGN ON SANSIRI PUBLIC COMPANY LIMITED AFTER COMPANY REQUESTED
Sansiri Public Company Limited (SIRI) has asked the SET to
temporarily suspend trading in all its securities because SIRI has
finalised the terms and condition of venture agreement with Starwood
Thailand Corporation which is a subsidiary of Starwood Capital Group
Limited, the United States company. The Company has to urgently request
the Board Director Meeting on 3 March 1999 at 2.00 p.m. in order to have
the Board resolution approval share allotment to this investor.
The SET considers it likely this may affect the company's
securities trading. Therefore, the SET halted trading in the securities
of SIRI effective from 3 March 1999 until the company clarifies its
situation.
sr/ne-sp.cw/yt