Published on October 19, 2005
BANGKOK DUSIT MEDICAL SERVICE’s shareholders approved a restructuring which includes an acquisition of shares in companies within the group and the elimination of cross-shareholding. As a result, the company will own 100 per cent of every subsidiary in the group, and the former shareholders of those subsidiaries will hold a stake in the group itself.
GMM GRAMMY’s board of directors voted to write off the company’s 10 million outstanding repurchased shares, worth Bt10 million, and the subsequent decrease in capital. The company’s registered and paid-up capital is Bt490 million, consisting of 490 million ordinary shares at a par value of Bt1 each.
GMM MEDIA’s shareholders approved a Bt455-million purchase for 41 million shares of Matichon Plc, or 20 per cent of Matichon’s paid-up capital, and the Bt973-million purchase of 118 million shares in Post Publishing Plc, or 23.6 per cent of Post’s paid-up capital. In the past six months, GMM Media also paid Bt183 million and Bt60 million to buy shares of Index Event Agency Plc and Deetalk Co Ltd, respec-tively. LANNA RESOURCES’s board of directors approved the acquisition of 200,000 ordinary shares of Thai Agro Energy Co Ltd from Somchit Limwathanagura, at Bt10 per share, for a total of Bt2 million. As a result, the company’s share of Thai Agro Energy has increased from almost 19.875 million shares, or 75 per cent of Thai Agro Energy’s paid-up capital, to 20.175 million shares, or 75.75 per cent of paid-up capital. LV TECHNOLOGY’s board of directors voted to set the price of Bt1.75 for each share of a new rights issue. The exercise price for each warrant will be Bt1.25.
Post your comment to this story here