COMPANY Reports

- Jasmine International said it repurchased 20m shares at 0.44-0.45 bt each, totalling 8.92m bt, on April 4. Cumulative shares repurchased to date total 108,847,800 or 1.308% of paid-up capital.

- Krisadamanakorn said its board on April 4 approved a capital reduction to 3.94bn bt by cancelling 177,353,062 unsold shares; a capital increase to 7.39bn bt by issuing 1.5bn new shares (2.30 bt par); allotment of the new shares through a private placement; issue and offering of 310,000 convertible debentures at 1,000 bt per unit; and capital increase by issuing 310m new shares (2.30 bt par) to reserve for the convertible bond exercise. The shareholders' meeting is May 24, register closed May 3.

- MCOT said its board on March 30 approved the resignation of Narong Chokwatana as a member of the board and audit committee, effective from April 1.

- Mandarin Hotel said its board on April 3 approved a dividend of 1.90 bt for 2006, to be paid May 11, register closed April 17. The shareholders' meeting is April 30, register closed April 12.

- MBK said its board on April 4 approved a final dividend of 1.75 bt for 2006, to be paid May 3, register closed April 19.

- Minor Corporation said 3 MINOR-W1 warrant holders converted 12,498 units to 152,652 ordinary shareholders on March 30. Unexercised warrants total 2,626,398 units.

- Nava Nakorn said its board on April 3 approved a dividend of 0.15 bt for 2005, to be paid May 25, register closed May 11. The shareholders' meeting is April 30, register closed April 18. It said 82 NNCL-W1 warrant holders converted 83,457,220 units to the same amount of ordinary shares on March 30. Unexercised warrants total 379,289,420 units.

- NEP Realty and Industry said its board on April 3 approved the company's borrowing of 40m bt from Nava Nakorn at 7.5% annual interest, to be used for working capital.

- Picnic Corporation said the shareholders' meeting is April 30, register closed March 15.

- PTT Exploration and Production said Wisudhi Srisuphan had resigned as a director, effective on April 2.

- Siam Commercial Sammagi Insurance said 24 SCSMG-W1 warrant holders converted 428,400 units to 457,453 ordinary shares on April 1. Unexercised warrants total 938,260 units. Shareholders on March 30 approved a dividend of 2.70 bt for 2006, to be paid April 27, register closed April 19.

- Siam Sport Syndicate said 11 SPORT-W warrant holders converted 1,205,700 units to the same amount of ordinary shares on March 30. Unexercised warrants total 19,025,300 units.

- Team Precision said shareholders on April 3 approved a stock dividend at a ratio of 2 existing to 1 new share and a cash dividend of 0.40 bt for 2006, to be paid April 18; the issue of 1,125,000 units of Esop warrants; a capital increase to 458.63m bt from 305m bt by issuing 153,625,000 new shares (1 bt par), and allotment of 150,730,800 shares for the stock dividend and 1,125,000 shares to reserve for Esop warrant exercise.

- Ticon Industrial Connection said on March 30 one TICON-W1 warrant holder converted 300 units to 1,564 ordinary shares and 16 TICON-W2 holders 2,913,616 units to 2,999,969 shares. Unexercised warrants of TICON-W1 and W2 total 20,825 and 21,567,684 units respectively.

- Thai Airways International said the interest payment on debentures No. 1/2005 series 1 (THAI085A), series 2 (THAI115A), and series 3 (THAI155A) would be made on May 14, register closed April 30.

- Thai Heat Exchange said that Somkiat Kamolbal had resigned as vice-president, effective from April 1.

- United Paper, referring to the expansion of a co-generation plant, said the second turbine and generator had passed their commissioning tests. The company has been producing up to 9.5 MW of electricity since March 24.

- Workpoint Entertainment said shareholders on April 2 approved a dividend of 0.55 bt for 2006, to be paid April 27, register closed March 16.

Bangkok Post

Monday April 09, 2007