The acquisition of Charoensri Complex Project

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Apr 09, 2009



- Translation -

 

April 9, 2009

 

Subject: The acquisition of Charoensri Complex Project
To: The President The Stock Exchange of Thailand

 

Central Pattana Public Company Limited ("the Company") would like to inform that on April 8, 2009 the Company acquired the assets of Charoensri Complex Project, from a juristic person who is not a related party. The size of transaction is less than 15% of total assets value of the Company as at December 31, 2008, which is not classified as a Acquisition and Disposition of Assets according to the Notification of the Capital Market Supervisory Board and the Notification of the Board of the Stock Exchange of Thailand. Details of the assets are as follow :

  1. Freehold on land of 45-2-86.5 Rai, which is located on Prajaksillapakhom Road, Amphur Muang, Udonthani Province.
  2. 5 - Storey Shopping Complex with 1 basement level
  3. 3 - Storey Department Store
  4. 14 - Storey Hotel

This project is on a location with potential growth in the future and would also expand the Company's customers and assets base in the Northeast of Thailand and the vicinity, which will provide high growth potential for the Company's revenue and profit in the long run.

 

Please be informed accordingly.

 

Yours faithfully,

- Signature -

(Ms.Naparat Sriwanvit)
Company Secretary

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