SET Announcements
20 January 2010
Explanation on the news in the newspaper.
(Translation)
Ref. No. SS. / 0051 / 2010
20 January 2010
Subject : Explanation on the news in the newspaper.
To : President
The Stock Exchange of Thailand
As it was appeared in Reuter news on 20 January 2010 that Sansiri Public
Company Limited (the "Company set revenue target for the year 2010 to be
increase around 5%") from the 2009. The expected net profit for the year 2009
would be increase around 60% from the previous year, which is beyond our
target. And there were also news about plan to sell the newly issue shares as
a private placement and the issuance of the debenture in 2010.
The Company would like to explain that it just explained about the over-all
plan for the year 2010 which if all the targets were achieved would create
growth around 50-60 percent but it did not specifically state about the rate
of revenue and net profit as appeared in the news.
Regarding the news relating to the sale of the newly issued shares as a
private placement and the plan to issue the debenture in the year 2010, they
were also part of the Company overall plan with respect to the Company's
capital. The Company did not have the specific timetable on them as the
Company had to take into consideration the sentiment of both the capital and
money market.
Please be informed accordingly and also disseminate the explanation to the
shareholders and related person.
Yours sincerely,
(Mr. Wanchak Buranasiri)
Senior Executive Vice President