Company reports
LANNA RESOURCES' board of directors has given approval to its wholly owned subsidiary Lanna (Singapore) to issue a confirmation letter to the Department of Energy and Mineral Resources of Indonesia that it will maintain its shareholding of at least 65 per cent in PT Singlurus Pratama.
It has also resolved for Lanna (Singapore) to terminate a Memorandum of Understanding to sell a 10-per-cent stake in PT Singlurus Pratama to Pan-United Investments to comply with the Indonesian government's requirement stipulating that the company maintain its stake of at least 65 per cent. Meanwhile, the board has approved a dividend payment of Bt0.22 per share for its second-half 2006 performance. The dividend will be paid on May 23.
LIVE INCORPORATION reported that it was in the process of transferring two plots of land in Rayong and Chachoengsao to repay all principal and interest owned to Krung Thai Bank. The process is expected to be completed by the end of March.
SAWANG EXPORT will pay an annual dividend of Bt1 per share to shareholders on May 25 for its 2006 financial performance.
|
