30 ตุลาคม 2540

ACQUIRES STAKE MORE IN CELLOX

Berli Jucker Plc, on October 29, 1997, agreed to additionally acquires 4.53% in Cellox Paper Co., Ltd. The registered capital of Cellox is Baht 500,000,000.- divided into 50,000,000 shares at Baht 10 each. After that, BJC's holding ownership posted 71.75% or 35,872,500 shares. Sellers : The former shareholders Phichaiyati Co, Ltd Number of shares acquired : 2,265,695 units, Bt15 apiece, totalling to Bt33,985,425 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. 25.08.97 1,000,000 15 15,000,000.- 2. 03.09.97 1,346,667 15 20,200,005.- 3. 26.09.97 3,422,222 15 51,333,330.- 4. 13.10.97 298,667 15 4,480,005.- 5. 15.10.97 192,500 15 2,887,500.- 6. 17.10.97 35,000 15 525,000.- 7. 29.10.97 2,265,695 15 33,985,425.- total 8,560,751 128,411,265 Transaction size: - 1.07% (based on value of acquired asset/total assets of BJC) - 12.45% (based on net profit of Cellox/BJC) - 2.39% (based on number of total shares multiplied with price of one unit/BJC's shareholders equity) This was not classified as procedures, rules and disposition /acquisition of listed company's asset nor connected transaction.