Published on September 07, 2005

BANK OF AYUDHYA said it bought a further 303,638 shares in Ayudhya International Factors for Bt8 per share, or a total of Bt2.43 million, from Sripathom Brokers. The bank’s stake in the firm rose from 49.99 per cent to 50.61 per cent as a result.

DISTAR ELECTRIC CORP has appointed Asia Plus Securities as an independent financial adviser to its shareholders and independent directors in regard to the company’s investment in StarCom for a Telephone Organisation of Thailand project to upgrade 470-MHz wireless telephones from NMT technology to the new CDMA 2001x technology.

THAI UNION FROZEN PRODUCTS announced an interim dividend payment of 56 satang per share for first-half operations, payable on September 30.

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