Bangkok Post, Thailand, Company Reports Column.

Dec. 4--BEC World said it had agreed to roll over loans worth 19.5m bt extended to its subsidiary, BEC-Tero Entertainment Co, for another year, with repayment due in December next year, at 4.25 percent annual interest.

--Brooker Group said that no holders of its warrants (BROOK-W1) exercised rights from Nov 23-29. The number of warrants remains 21.9m units.

--Datamat said its capital reduction to 67m bt, approved by shareholders on Nov 20, was registered with the Commerce Ministry on Nov 30. It said the subscription and payment period for its new shares allotted to specific parties would take place from today until Dec 17. Of the 574.6m shares to be issued, 400m were allotted to Cyber Venture Co at 1 bt each, 33.2m to Asian Capital Adviser Co at 1 bt each, and 141.4m shares to 12 financial institutions at 3 bt each. Other shares were allotted to existing shareholders at a ratio of 1 existing share to 8 new shares, subscription and payment Dec 2-8.

--DBS Thai Danu Bank said that on Nov 30, it sold all of its 26.2m shares in DBS Thai Danu Securities Ltd to Barclays Bank Plc for 222m bt. The bank also said that holders of its warrants No 1 (DTDB-W1) could exercise rights on Dec 28, notification period Dec 7-27. Each warrant can be exchanged for one ordinary share at 10 bt.

--Hemaraj Land and Development said its board on Nov 30 approved the cancellation of the shareholders' resolution relating to the issue of convertible debentures worth 1bn bt in a private placement. The board also approved a capital reduction by cancelling 101.7m unissued shares. It then approved a capital increase to 10bn bt from 2.25bn bt by issuing 774.7m new shares (10-bt par). Of the new shares, 283.2m would be offered to existing shareholders at a ratio of 1 existing share to 4 new shares at 1 bt each from Jan 14-18. Another 159.8m shares would be offered in a private placement at 3 bt or more each, and the remaining 331.8m shares would be reserved for warrant exercise. The board also approved changes to the warrants, extending the maturity to Sept 30, 2009 and revising the exercise price. As well, it approved the company's loan of 30m bt to its 60 percent -owned subsidiary, Eastern Seaboard Industrial Estate (Rayong) Co, bearing interest of MLR plus 100 basis points, payable monthly, with the principal to be repaid within 18 months. The extraordinary shareholders' extraordinary meeting will be held on Dec 28, register closed Dec 14.

--International Engineering said no warrant holders exercised rights on Nov 30. The number of warrants remains 34m units.

--Kang Yong Electric said its board had appointed Staporn Kavitanon as honorary chairman and director, succeeding Pol Gen Chumbhol Lohachala, effective Nov 30.