BOD approved entering into a contract with BLDC and BBL-Loan

BackAug 03, 2009

- Translation -

No. TTW/0573/09

3 August 2009

Subject : Notification of the Resolutions of the Board of Directors' Meeting No. 7/2552

Attention : President The Stock Exchange of Thailand

Thai Tap Water Supply Public Company Limited (the "Company") would like to notify that the Board of Directors Meeting No. 7/2552 held on 31 July 2009, at Lotus Room, Queen Sirikit National Convention Center, No.60, New Rachadapisek Road, Klongtoey, Bangkok, had resolved to approve the following;

1. Entering into the agreement for Rights to Operate and Service in Bangpa-In Industrial Estate with Bangpa-In Land Development Co., Ltd. ("BLDC"), as approved by the Extraordinary General Meeting 1/2552

2. Entering into Baht-1,500-million-10-years loan agreement with Bangkok Bank Public Company Limited in order to finance the acquisition of operations rights from BLDC.The interest rates are as follow;

Year
Interest rate
1-3
MLR-2.25%
4-6
MLR-2.125%
7-10
MLR-2.0%

Please be informed accordingly.

Very truly yours,

 

(Sompodh Sripoom)
Managing Director

Office of Managing Director
Telephone : 0-2811-7528 Ext. 207
Facsimile : 0-2811-7687

 

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