Company reports

SIAM UNITED SERVICE has reduced its paidup capital from Bt1.19 billion to Bt1.15 billion by writing off 35 million shares worth Bt35 million.

CHIANG MAI RAM has reported the utilisation of the proceeds from its capital increase. The proceeds of Bt120 million were derived from the issuance of six million common shares at a subscription price of Bt20 to existing shareholders. 

The objectives of the capital increase are to finance the construction of the Cancer Centre project and procurement of medical equipment.

CROWN SEAL reported that the annual general meeting of shareholders held on April 23, 2007 resolved to increase the registered capital of the company by an issue of 800,000 new preferred shares at the price of Bt76 per share from May 1824, 2007. 

Holders of the preferred shares are entitled to convert them to common shares at the ratio of 1:1 without any transferring restriction. 

Holders of preferred shares may exercise the transferring right on the last business day of each month. 

 The conversion period for this month has been set as follows: conversion notice from January 2028 and exercise date on January 30.