SET Announcements
20 April 1998
acquires more stakes in CELLOX
Translation
BJC ACQUIRES MORE STAKES IN CELLOX
Berli Jucker Public Company Limited, on 10 April, 1998,
agreed to additionally acquires 0.07% in Cellox Paper Co., Ltd.
The registered capital of Cellox is Baht500,000,000.- divided
into 50,000,000 shares at Baht10.- each. After that BJC's
holding ownership posted 72.56% or 36,281,500 shares.
Seller: The former shareholder:
- Mr. Maitree Usaha, 35,000 shares
at Baht15.- each, totalling to Baht
525,000.-
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. 19.11.97 300,000 15 4,500,000.-
2. 29.01.98 74,000 15 1,110,000.-
3. 10.04.98 35,000 15 525,000.-
409,000 6,135,000.-
Transaction size:
- 0.05% (based on value of acquired asset/total assets of BJC)
- 14.20% (based on net profit of Cellox/BJC)
- 0.11% (based on number of total shares multiplied with price of
one unit/BJC's shareholders equity)
2/
This was not classified as procedures, rules and disposition/acqui-
sition of listed company's asset nor connected transaction.



