ข่าวแจ้งตลาดหลักทรัพย์

Sansiri Plc's board of directors, attending the 2/1998 meeting on March 25, resolved that the company will raise its registered capital Here are the details: 1. Capital increase The resolution goest hta the comapny will reaise its registered capital from Bt 645.5 million via the issuance of 30 million shares. The shares' par value is Bt10 apiece. 2. share allocation The board of directors agreed that the shares wil be allocated to the institutional investors accordingly to the Securities and Exchange Commission's annoucement. The board of directors has not yet determined the selling price as well as the subscription and payment date. The company does not expect to see any new share left from the sale. 3. Capital increase objective and the use of the proceeds 3.1 to reduce debt burden by Bt180 million. 3.2 to increase the working capital and financially strengthen the company and affiliated by Bt120 million. 4. The benefit from the capital increase. The company will see a drop in interest expenses and it will be financially stronger having institutional investors as shareholders. The board of directors is considering how the buyers will pay for the shares, and the consideration is expected to complete within Dec 31, 1998. Comment : Please verify details from Public SIMS Translated by The Nation