SET Announcements
19 April 1999
CQUIRES MORE STAKES IN CELLOX
BJC ACQUIRES MORE STAKES IN CELLOX
Berli Jucker Public Company Limited, on 19 April, 1999, agreed to additionally
acquires 0.05% 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 75.88% or 37,939,123 shares.
Seller: The former shareholder:
Mrs Sunetra Prapaikornkiet, 25,000 shares at Bt16.50 each,
totalling Bt412,500.-
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. 11.11.98 10,000 15.00 150,000.-
2. 20.11.98 1,600 15.00 24,000.-
3. 20.01.99 165,042 15.00 2,475,630.-
4. 24.02.99 10,000 15.00 150,000.-
5. 16.04.99 25,000 16.50 412,500.-
211,642 3,212,130.-
Transaction size:
-0.02% (based on value of acquired asset/total assets of BJC)
-0.005% (based on net profit of Cellox x percent of the additional acquisition/net
profit of BJC)
-0.004% (based on Cellox's shareholders equity - (Trademark + Deferred
organization cost x percent of the additional acquisition/BJC's
shareholders equity - (Trademark + Deferred organization cost)
This is not classified according to the procedures, rules and disposition/acquisition
of listed company's asset or connected transaction.



