ข่าวแจ้งตลาดหลักทรัพย์

Schedule (1) : Particulars in the report that a listed shall submit to the Exchange The Information Concerning the Acquisition of Assets of Listed Company Sansiri Public Company Limited Whereas the Board of Directors' Meeting of Sansiri Public Company Limited No. 4/2002 held on 15 July 2002, during 14.00 to 15.00 hours, resolved that the Company invest in purchase of part of land title deed No. 3096, land plot No. 91, Tambon Suan Luang, Amphoe Phra Khanong, Bangkok, covering an area approximately 90 rais, from Thanpuying Issara Buranasiri, on behalf of the administrator of Lieutenant Colonel Prathom Buranasiri's estate, Mr.Pramude Buranasiri and Mrs. Pranithi Bhengsri, at the price of Baht 738,054,990.- The Company would like to submit the following information concerning the acquisition of assets by the Listed Company in accordance with the Notification of the Stock Exchange of Thailand Re : Rules, Procedures and Disclosure of Information Concerning the Acquisition and Disposition of Assets of Listed Companies. 1. The date on which the transaction occurs 15 July 2002 2. The involved parties and the relationship with the Company 2.1 The involved parties The Seller : 1. Thanpuying Issara Buranasiri, on behalf of the administrator of Lieutenant Colonel Prathom Buranasiri's estate 2. Mr. Pramude Buranasiri and 3. Mrs. Pranithi Bhengsri The Buyer : Sansiri Public Company Limited 2.2 The relationship with the Company The Seller are close relatives of some management of the Company detailed as follows : 1.Thanpuying Issara Buranasiri is aunt (Pa) of Mr.Wanchak Buranasiri 2.Mr. Pramude Buaransiri is father of Mr. Wanchak Buransiri and Uncle (Na) of Mr. Apichart Chutrakul and Mr. Srettha Thavisin and 3.Mrs. Pranithi Bhengsri is aunt (Ar) of Mr. Wanchak Buranasiri 3. The general characteristics of the transaction This transaction is classified as class 2 transactions pursuant to Notification of the Stock Exchange of Thailand Re : Rules, Procedures and Disclosure of Information Concerning the Acquisition and Disposition of Assets of Listed Companies. The value of acquired assets is approximately Baht 738,054,990.-,which compared with the value of assets of the Company, which will be Baht 1,805,622,000, the size of transaction is 40.88 % 4. The details of acquired assets and the business to be further operated Type of assets : Part of land title deed No. 3096, land plot No. 91, Tambon Suan Luang, Amphoe Phra Khanong, Bangkok, approximately 90 rais Owners : 1. Thanpuying Issara Buranasiri, on behalf of the administrator of Lieutenant Colonel Prathom Buranasiri's estate 2. Mr. Pramude Buranasiri and 3. Mrs. Pranithi Bhengsri Business to be operated : Low-rise residential project development 5. The total value of the consideration and conditions of payment 5.1 The total value of the consideration : Approximately Baht 738,054,990.- 5.2 Conditions of payment : 1. Baht 147,610,998.- shall be payable on the date of Agreement to Sell and Purchase Land (15 July 2002) 2. Baht 258,319,246.50 shall be payable on the date of transfer of ownership registration (within 90 days from the date of execution of the Agreement to Sell and Purchase Land or any other date which may be extended if the subdividing of the land is not completed within 90 days) 3. The remaining of Baht 332,124,745.50 shall be payable in form of the non-negotiable promissory notes, with an interest rate at the minimum lending rate (MLR) of Bangkok Bank PLC. , the payment date and amount payable of each promissory note are as follows: 3.1 Baht 73,805,499.- payable on date which is the first anniversary of the date of the transfer of ownership 3.2 Baht 110,708,248.50 payable on date which is the second anniversary of the date of the transfer of ownership 3.3 Baht 147,610,998.- payable on date which is the third anniversary of the date of the transfer of ownership 6. The total value of acquired assets Approximately Baht 738,054,990.- 7. The basis used to determine the value of consideration The valuation of the assets is based on the market prices. The price set for the deal is deemed appropriate for future investment by the Buyer. 8. The profit expected to be generated for Sansiri Public Company Limited The Company expects a gross profit a profit before deduction of operational costs - of about 35% from investing in and developing the acquired land plot. 9. The source of funds The acquisition of the assets will be financed by; 9.1 Internal generated cashflow 9.2 Loans from financial institutions Signature ................................. Director (Mr. Apichart Chutrakul)