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PRECIOUS SHIPPING

reported that its subsidiary Precious Lands had sold its vessel MV Suthathip Naree for scrap. The vessel is a 25,404 deadweight-tonnes bulk carrier with a sale price of US$1.79 million (Bt64.4 million).

CHARAN INSURANCE's board approved a 2008 dividend payment of Bt4 per share.

STP&I's board approved the sale of all 23,000 of its ordinary shares or a 46-per-cent equity in Inter IMC to Sino-Thai Engineering & Construction. As a result, Inter IMC ceased to be STP&I's affiliate.

KHON KAEN SUGAR INDUSTRY decreased its registered capital from Bt1.7 billion to Bt1.55 billion by deleting 155 million unsold shares with a par value of Bt1.