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Bangkok Post, Thailand, Company Reports Column.

Bangkok Post (Bangkok, Thailand)

| July 08, 2003 | COPYRIGHT 2003 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

Jul. 8--ASIA FIBER said holders of its AFC-W warrants could exercise rights on July 31, notification from July 15-30. Each warrant can be exchanged for one ordinary share at 10 bt.

CHAROEN POKPHAND FOODS said 24 holders of its CPF-W2 warrants converted 1,179,952 units to 5,899,760 ordinary shares on July 1. Unexercised warrants total 386,569,780 units.

EASTERN STAR REAL ESTATE said its board had approved the liquidation of its 40 percent investment in Prommitre Eastern Star Health Care Co since its business had not been operating for five years and faced accumulated losses. The board also appointed William Cheng as managing director and chief executive officer, Soonthorn Kittiyawat as chief financial officer, Jaime Lozare as chief marketing officer, and Vigrom Tungpanitansook as chief project officer.

GMM MEDIA said its chairman and a member of the executive committee had authorised financial support in the form of a full guarantee in regard to the performance of its subsidiary, GMM Inter Publishing.

KIATNAKIN FINANCE said that on June 30, four holders of its KK-W2 warrants converted 393,116 units to 507,971 ordinary shares, with unexercised warrants totalling 14,349,321 units. Four holders of KK-W3 warrants converted 1,235,700 units to 1,400,813 shares, with unexercised warrants totalling 110,359,421 ...

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