SET Announcements
28 April 1998
CQUIRES MORE STAKES IN CELLOX
Translation
BJC ACQUIRES MORE STAKES IN CELLOX
Berli Jucker Public Company Limited, on 27 April, 1998, agreed to
additionally acquires 0.01% in Cellox Paper Co., Ltd. The registered
capital of Cellox is Bt500,000,000.- divided into 50,000,000 shares
at Bt10.- each. After that BJC's holding ownership posted 72.97% or
36,486,045 shares.
Seller: The former shareholders:
- Mr Soon Athayapisuth, 4,545 shares
at Bt15.- each, totalling to Bt68,175.-
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 (Baht) Total value (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.-
4. 24.04.98 200,000 15 3,000,000.-
5. 27.04.98 4,545 15 68,175.-
613,545 9,203,175.-
Transaction size:
- 0.07% (based on value of acquired asset/total assets of BJC)
- 0.20% (based on net profit of Cellox x percent of the additional
acquisition/net profit of BJC)
- 0.14% (based on number of total shares - (Trademark + Deferred
organization cost) x percent of the additional acquisition/BJC's
shareholders equity - (Trademark + Deferred organization cost))
This was not classified as procedures, rules and disposition/acquisition
of listed company's asset nor connected transaction.



