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Bangkok Post, Thailand, Company Reports Column.
Bangkok Post (Bangkok, Thailand)
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June 03, 2004 |
COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
Jun. 3--Chonburi Concrete Products reported a net profit of 17.82m bt (0.29 bt/share) for Q1, vs 12.34m bt (0.31 bt/share) for Q1 2003. Its board on May 31 approved a share par value split to 1 bt from 5 bt; a loan guarantee amounting to 3,531,600 euros to Autoclaved Aerated Concrete Product (AACP), as well as the purchase of 6,649,996 shares (19 percent) of AACP at 10 bt each, totalling 66.5m bt, from Sino-Thai Engineering and Construction. Also approved was the purchase of 33.5m shares (95.7 percent) of Chonpratheep Property at 10 bt each, totalling 335m bt from Chonburi Kanyong. The shareholders' meeting will be held on July 7, register closed June 16.
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Source: HighBeam Research, Bangkok Post, Thailand, Company Reports Column.