SET Announcements
23 November 1998
CQUIRES MORE STAKES IN CELLOX
Translation
BJC ACQUIRES MORE STAKES IN CELLOX
Berli Jucker Public Company Limited, on 20 November, 1998, agreed to additionally
acquires 0.003% 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 75.48% or 37,739,081 shares.
Sellers: The former shareholders:
Mr Amnaj Mathong, 1,067 shares at Bt15.- each
Mrs Pranee Mathong, 533 " " Bt15.- "
1,600 shares,
totalling to Bt24,000.-.
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 (Baht) Total value (Baht)
1. 25.05.98 200,000 15 3,000,000.-
2. 5.06.98 12,933 15 193,995.-
3. 8.06.98 66,663 15 999,945.-
4. 11.06.98 4,267 15 64,005.-
5. 17.06.98 487,536 15 7,313,040.-
6. 17.06.98 9,493 15 142,395.-
7. 1.07.98 59,550 15 893,250.-
8.8&10.07.98 6,500 15 97,500.-
9 27.07.98 3,000 15 45,000.-
10. 29.07.98 12,600 15 189,000.-
2/
Date No. of shares Price (Baht) Total value (Baht)
11. 25.08.98 191,494 15 2,872,410.-
12. 8.10.98 128,400 15 1,926,000.-
13. 28.10.98 57,000 15 855,000.-
14. 11.11.98 10,000 15 150,000.-
15. 20.11.98 1,600 15 24,000.-
1,251,036 18,765,540.-
Transaction size:
- 0.12% (based on value of acquired asset/total assets of BJC)
- 0.0005% (based on net profit of Cellox x percent of the additional
acquisition/net profit of BJC)
- 0.0005% (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.



