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PA subsidiary sells Samui Hotel 2

Pacific Assets said its wholly-owned subsidiary, Samui Holding Co Ltd, sells 46.66 million shares of Samui Hotel 2 Co Ltd or 66.66 per cent to Lehman Brothers Investments Pte Ltd at the price of 206.47 million.



 

 The company said in the statement sumitted to the Stock Exchange of Thailand that it will use gain from the sale of the investment to invest in other interesting and good potential projects that correspond with the company's business policies. - The Nation


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