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(From Thai Press Reports)
Section: SET Filing - As of Sea Horse Public Company Limited (SH) has disclosed the resolution of Board of Directors' Meeting on February 23, 2007 that all of directors still agree to acquire the ordinary shares of Boon Anake on the value not over 1,500 million baht. But SH will aware risk that the report if its Independent Financial Advisor (IFA) mentioned before execute the deal. However, IFA suggests SH should not invest in Boon Anake because of the followings: - There is uncertainty on thesize and location of land; and the land might be in the protected forest area.
- The balance sheet of Boon Anake shown the uncertainty items …