Report on the Progress of Assets Acquisition
11 July 2007
Ref: THIP-SET/029/2550
July 10th, 2007
Subject : Report on the Progress of
Assets Acquisition
Attention : Director and Manager, SET
Thantawan Industry Public Company Limited would
like to inform that had additional acquistion of assets
for setting up equipment system of new factory's
building as follows:-
1 Date : 15 Jun 07
Counter-parties to the transaction :
P2M (Thailand) Co., Ltd.
Details : Air shower room-air dryer
Value of the asset (Baht) : 321,000
Value of the transaction : 0.05%
2 Date : 15 Jun 07
Counter-parties to the transaction :
Goldvest Trading Thailand Co., Ltd.
Details : High speed automation roll-up door
Value of the asset (Baht) : 1,230,500
Value of the transaction : 0.19%
3 Date : 25 Jun 07
Counter-parties to the transaction :
Thai Waterline Systems Co., Ltd.
Details : Open Space Cooling System
Value of the asset (Baht) : 5,000,000
Value of the transaction : 0.77%
Total Value of the asset 6,551,500 Baht ,Value of the
transaction 1.01%
Acquistion of Assets notice to SET
Value of the asset (Baht) : 48,350,000
Value of the transaction : 7.88%
Accumulate Total
Value of the asset (Baht) : 54,901,500
Value of the transaction : 8.89%
Related Transaction : None
Sources of funds used : Using own fund
Return on Investment :
1) To increase the production's efficiency of existing
and news product for more competitiveness
2) To increase production capacity
3) To produce high value added and high quality
product to serve the market, to focus on all quality
product with GMP (Good Manufacturing Practice)
guarantee
4) To increase the potential strategic alliance
Value of the transaction : Total value of consideration
rules accumulate 8.89% as of Financial Statements
for the years ended March 31,2007 was below the
standard regulated by SET's announcement on
standard, method and disclosure of receiving and
selling of asset by listed company in SET
Please be informed accordingly.
Very truly yours,
(Mrs.Pojanard Prinyapatpakorn)
(Mr. Huang Kuan-Chiun)
Authorized Director
