Company reports

SOLARTRON reported that Dusit Kruangam had tendered his resignation as director and deputy CEO. He will step down on October 1.

ELECTRONICS INDUSTRY agreed to continue a building rental agreement at Lamplatiew Lat Krabang, Bangkok, with First Silicon until July 31, 2009. The value of the three-year rental is Bt1.8 million.

NAVA LEASING's board approved the repurchase of its shares under a financial management programme. The value of the repurchase shall not exceed Bt40 million and the maximum number of shares to be bought is 10 per cent of paid-up capital.

AAPICO HITECH's board approved the purchase of land for the expansion of the Aapico Amata factory, which produces frames for pickups at the Amata Nakorn Industrial Estate, Chon Buri. The maximum purchase price is Bt275 million.

PACIFIC PIPE's board approved a loan from Tang Mong Seng Holding, which holds 39.05 per cent of the company, in order to repay short-term debt. The loan will be for a maximum of Bt100 million.

ASIA FOOTWEAR's board decided to transfer Bt3.01 million in assets from Pek Engineering for the repayment of debt.

ADVANCED INFORMATION TECHNOLOGY reported the establishment of two subsidiaries. Maple Plus, which is involved in geographical information systems, has registered capital of Bt20 million. Banc Serve (Thailand), involved in networking information systems, has registered capital of Bt10 million.