SET Announcements
01 December 1998
NNOUNCES RATIONALISATION OF BUSINESS LINES
Berli Jucker Public Company limited
announces rationalisation of business lines
Berli Jucker Public Company Limited has transferred certain investments between
its subsidiaries as part of a rationalisation exercise to group all engineering
businesses under one company umbrella according to the following chart:
STATUS BEFORE TRANSFER
----------------------
/ BERLI JUCKER /
/ /
----------------------
v
v < < < < < < < < v > > > > > > > > v
v v
-------------------- _______________________________
/ (99.7%) / / (100% OF PREFERENCE SHARES) /
/ RUBIA INDUSTRIES / / THAI SCANDIC-STEEL /
____________________ _______________________________
v ^
____________________ ^
/ (95%) / ^
/ MARBLE & STONES / > > > > > > > > > > > > > > ^
____________________ (75% OF ORDINARY SHARES)
STATUS AFTER TRANSFER
_____________________
/ /
/ BERLI JUCKER /
---------------------
v
_____________________
/ (99.7%) /
/ RUBIA INDUSTRIES /
_____________________
V
_____________________
/ (95%) /
/ MARBLES & STONES /
---------------------
v
_________________________________________________________
/ (*75% OF ORDINARY SHARES & 100% OF PREFERENCE SHARES) /
/ THAI SCANDIC-STEEL /
_________________________________________________________
* Minor Shareholder intends to sell its own ordinary shares of 25% to Marble & Stones
thus making Marble & Stones holds 100% shares in the company.



