NOTIFICATION OF ADDITIONAL INFORMATION
09 March 2000
TP-MT/044/43(FC042/43)
8 March 2000
Subject: Notification of Additional Information
Attention: Managing Director, SET
Referring to a letter of Thantawan Industry Public Co., Ltd. (THIP), no. TP-
MT/041/43(FC039/43) dated March 7, 2000, on the subject of summary report of Board of
Directors' meeting, no. 4/2543 as details informed accordingly, SET has now requested
THIP providing more detailed information of Agenda 2 and 3 for disclosure to
shareholders and the investor public.
In this regard, THIP would like to notify following additional information
concerned:
1. Agenda 1) The meeting acknowledged for taking action according to the
resolution of the extraordinary meeting of shareholders, no. 1/2543 held on Monday,
February 28, 2000 which had disapproved on leasing or purchasing the land plots.
Consequently, THIP has to move out its factories from the presently occupied land. Under
this circumstance, THIP currently owns land plots in Prachinburi province, therefore,
proposes to relocate its factories to Prachinburi and shall further present this matter to the
extraordinary meeting of shareholders, no. 2/2543 for consideration and approval. In
considering of such relocation, there is a study report of relocation cost outlays on moving
THIP's factories to Kabinburi District, Prachinburi which had been prepared by Year
Appraisal Co., Ltd. as following detailed cost outlays estimation:
Description Cost Outlays (Million Baht)
1. Size of land plot: 113-3-57 rai None/ Land price had already been paid.
2. Cost of construction 125.70
3. Cost of removing factory machineries 6.90
Total 132.60
Presently, THIP's management is studying the details of cost investment and
alternatives and proposing for having Thai Sakura Finance and Securities Co., Ltd. as the
financial advisor in preparing the study of THIP's factory relocation.
2. Agenda 3) The minute on proposing to shareholders' consideration of entering
into cross-related transaction deal with Sunflower Enterprise Co., Ltd. (SE) of the inter-
related obligation.
Due to the relocation of THIP's factories has to take time about 12 months moving
from the present location, therefore, has to get approval from the general shareholders'
meeting concerning the obligation between THIP and SE which had already entered
legally in order to prevent for being claimed for damage payment incurred due to
breaching of the signed agreement.
Please be informed for consideration.
Very truly yours,
(Mr.Thaveewat Yinatsawaphan)(Mr.Andy Huang)
Director Director