SET Announcements
30 October 1997
ACQUIRES STAKE MORE IN CELLOX
Berli Jucker Plc, on October 29, 1997, agreed to additionally
acquires 4.53% in Cellox Paper Co., Ltd. The registered capital of Cellox
is Baht 500,000,000.- divided into 50,000,000 shares at Baht 10 each.
After that, BJC's holding ownership posted 71.75% or 35,872,500 shares.
Sellers : The former shareholders Phichaiyati Co, Ltd
Number of shares acquired : 2,265,695 units, Bt15 apiece, totalling to
Bt33,985,425
Relationship: None
Source of fund: Working capital
Objection: Long-term yield
Benefit: Dividend
Line-up of share acquisition in Cellox in 6 months:
Date No. of shares Price Total value
(Baht) (Baht)
1. 25.08.97 1,000,000 15 15,000,000.-
2. 03.09.97 1,346,667 15 20,200,005.-
3. 26.09.97 3,422,222 15 51,333,330.-
4. 13.10.97 298,667 15 4,480,005.-
5. 15.10.97 192,500 15 2,887,500.-
6. 17.10.97 35,000 15 525,000.-
7. 29.10.97 2,265,695 15 33,985,425.-
total 8,560,751 128,411,265
Transaction size:
- 1.07% (based on value of acquired asset/total assets of BJC)
- 12.45% (based on net profit of Cellox/BJC)
- 2.39% (based on number of total shares multiplied with price
of one unit/BJC's shareholders equity)
This was not classified as procedures, rules and disposition
/acquisition of listed company's asset nor connected transaction.



