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Bangkok Post, Thailand, Company Reports Column.

Bangkok Post (Bangkok, Thailand)

| July 27, 2001 | COPYRIGHT 2001 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. 27--Asian Seafoods Coldstorage said shareholders on July 9 approved a change of the share par value to 5 baht from 10 baht. The change was registered with the Commerce Ministry on July 25.

-- BEC World said that, of the proceeds gained from its IPO of 20 million shares at 142 baht each in 1996, about 400 million baht had been allocated for improvement of broadcasting equipment. From 1996 to 2000, 384 million baht was invested in further improvements, while in the first half of this year, 30.4 million baht was invested. About 700 million baht had been allocated for construction of a 350-metre antenna, but this project was put on hold after the cancellation of the company's Rama IX property development plan. About 1bn baht was used to repay loans while 740 million baht was used as working capital.

-- BIG C ...

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