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MINOR INTERNATIONAL acquired 447.44 million shares of Minor Corp out of 447.8 million shares through its tender offer. The total transaction value was Bt4.59 billion. Minor International now directly and indirectly owns 489.39 million Minor Corp shares for a 99.92-per-cent stake.

COMPASS EAST INDUSTRY (THAILAND) suspended its horizontal-plating-machine production business, due to political instability and the economic slowdown. It posted a net loss of Bt91.23 million in the first nine months ending April 30, against a net profit of Bt39.98 million in the same period last year.

CITY STEEL posted a net profit of Bt16.74 million in its fiscal third quarter ending April 30, down from Bt21.47 million in the same period last year.

TAPACO posted a net profit of Bt1.78 million in its fiscal second quarter ending April 30, up from Bt595,000 in the same period last year.

TYCOONS WORLDWIDE GROUP (THAILAND) cut its registered and paid-up capital from Bt6.28 billion to Bt6.04 billion by writing off 24,996,100 Treasury shares at Bt10 par value each, totalling Bt249.96 million.

ACAP ADVISORY announced David Feld resigned from its board yesterday, due to increasing business engagements and insufficient time for the position.

BROOKER GROUP's board approved the subscription by wholly owned subsidiary Brooker Advisory to new capital-increase shares worth 48 per cent of Brooker Dunn Asset Advisory's paid-up capital.