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Bangkok Post, Thailand, Company Reports Column.

Bangkok Post (Bangkok, Thailand)

| February 05, 2002 | COPYRIGHT 2002 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

Feb. 5--ADVANCED INFO SERVICE said that its board on Feb 1 approved a budget of 5.7bn bt for additional capital expenditures and procurement contracts with suppliers for its GSM network expansion. The board also ratified an investment of 2.2bn bt for the five-year C-Care project to improve collections and customer service. As well, directors cancelled 3bn bt in unissued bonds, part of an issue of 15bn bt in unsecured bonds approved by shareholders on Jan 22 last year. At the same time, the board approved the issue of unsecured bonds worth up to 20bn bt with a maturity not exceeding 10 years. It authorised the executive committee to undertake financial and banking ...

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