31 กรกฎาคม 2546
Roll-over loans to BEC-TERO Entertainment Plc.
July 30, 2003
To: President
Stock Exchange of Thailand
Re: Roll-over loans to BEC - TERO Entertainment Plc. [BEC-TERO]
As we reported the short-term loans granted by the company to
BEC - TERO Entertainment Plc. [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 roll-over loans of Baht 5.0 million and Baht
10.0 million which are due for repayment on 30 and 31 July 2003
respectively, for 6 months at an interest rate of 2.0% 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: July 30, 2003
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 Entertainment Plc.(borrower) [BEC-TERO]
Related: 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 and amount of money :
1.) July 30, 2003 Baht 5.0 million
2.) July 31, 2003 Baht 10.0 million
4. Characteristic of transaction: The transaction is the roll-over of an
existing loan for 6 months. The interest
rate is fixed at 2.0% per annum, at a
higher rate than the banks' deposit rate
on the transaction date.