Company reports
Published on June 2, 2009
PTT EXPLORATION AND PRODUCTION completed its issue of four tranches of unsecured and unsubordinated debentures to retail and institutional investors for Bt40 billion. Bangkok Bank, Krung Thai Bank, Kasikornbank, Siam Commercial Bank and Barclays Capital Securities (Thailand) were appointed as joint bookrunners; and Bank of Ayudhya, CIMB Thai Bank, TMB Bank, Siam City Bank, Standard Chartered Bank (Thai), United Overseas Bank (Thai), Kiatnakin Securities, Thanachart Securities and Tisco Securities as arrangers. Tris Rating rated the debentures "AAA".
FOCUS DEVELOPMENT AND CONSTRUCTION's board approved an increase of Bt8 million in its investment in Knight Fund Management Securities (SKFM), to maintain its 10-per-cent holding after SKFM increased its registered capital from Bt20 million to Bt100 million.
THAI TAP WATER SUPPLY's
board approved acquiring the rights to operate and manage water-treatment and wastewater services at Bang Pa-in Industrial Estate from Bang Pa-in Land Development for Bt1.4 billion. The company appointed Country Group Securities as an independent financial adviser for the purchase, which is considered a connected transaction.