Notification of investment in building and machinery
18 January 2010
THIP-SET/002/2010(ENG)
15th January 2010
Subj: Notification of investment in building and machinery
Attn: Director and Manager
The Stock Exchange of Thailand
According to Thantawan Industry Public Co., Ltd. Board of Directors'
Meeting No. 12/2009, the approval of investment in building and machinery with
total value of 50,000,000 Baht, the company has proceeded the investment
process, details as followed;
1.New warehouse building construction including the system and design fee,
total of 1 building 2 storeys with the area of 1,600 square meters,value
of 29,390,958 Baht, for storing materials and finishing products.
2.Improve the existing factory building and process system in order to install
the new machine, total area of 1,640 square meters, value of 2,400,000 Baht.
3.Invest in new machine in order to increase the production process,total of
12 machines, value of 11,370,000 Baht.
4.Invest in machine for product research and development, total of 1 machine,
value of 5,527,500 Baht.
5.Acquiring the assets no 1-4, total value of 48,688,458 Baht, This investment
transaction is approximately 6.84% of company's existing assets (reviewed by
auditors as at September 30, 2009). Therefore this investment neither falls
under the Notification Concerning Acquisition and Disposition of Assets nor
the Notification Concerning the Connected Transactions. Agreement as this is
external transaction contract.
Please be informed accordingly.
Very truly yours,
(Mrs.Pojanard Prinyapatpakorn) (Mr.Huang Kuan-Chiun)
Authorized Director
