28 มิถุนายน 2545
GIVE NEW SHORT TERM LOAN TO BEC-TERO ENTERTAINMENT CO.,LTD.
June 27,2002
To: President
Stock Exchange of Thailand
Re: Give new short term loan to BEC-Tero Entertainment Co.,Ltd.
As we reported the short-term loans granted by the company to BEC-Tero
Entertainment Co.,Ltd. [BEC-Tero] our subsidiary which the company's holding is
not exceeding 90% of the paid-up capital of the subsidiary and the minority shareholder
is not a connected person. Today we have agreed to give new loans of Baht 30.0 million
which will be due for repayment within a year Baht 25.0 million from June 27,2002 and
Baht 5.0 million from June 28,2002. Together with the new loans we also agree to extend
the loan of Baht 7.2 million which is falling due for repayment on June 28,2002 for
another year.These transactions are charged at an interest rate of 3.75% per annum.
Details of the transaction are as per the enclosed disclosure form.
Please be informed accordingly.
Sincerely Yours,
(Chatchai Thiamtong)
Vice President - Finance
Information of transactions between company and its subsidiary which the company's
holding is not exceeding 90% of the paid-up capital of the subsidiary.
Report date: June 27 ,2002
1.Type of transaction: Short term loans to subsidiary which the company's holding
is not exceeding 90% of the paid-up capital of the subsidiary.
2.Parties: Between BEC World Plc. (lender) [BEC] and
BEC-Tero EntertainmentCo.,Ltd.(borrower) [BEC-Tero]
Relationship: BEC-TERO is a subsidiary of BEC, which BEC holds 60%
of BEC-TERO and Mr.Brian Lindsay Marcar who is not a
connected person holds 40%.
3.Transaction Date: June 27,2002 - additional loan of Baht 25 million
June 28,2002 - additional loan of Baht 5 million
June 28,2002 - roll over of existing loan of Baht 7.2 million
4.Total amount of money: Baht 37.2 million
5.Characteristic of transaction: The transaction are new loans for a year.The interest rate
is fixed at 3.75% per annum, at a higher rate than the
banks' deposit rate on the transaction date.