November 15, 2005
Subject Notify the Minutes of the Board of Directors' Meeting
Attention The President
The Stock Exchange of Thailand
The Board of Directors' Meeting No. 14/2005 of Asian Property Development Public Company Limited, held on November 15, 2005 from 10.55am. to 12.35 pm. at the conference room no. 170/57, Ocean Tower 1, 18th floor, Rachadapisek Road, Klongtoey, Bangkok has passed the resolution to start operations of a newly set-up company named "Bangkok CitiSmart Co., Ltd.". Details are as follows:
Name | : | Bangkok CitiSmart Co., Ltd. |
Registered Shares | : | 200,000 shares with par value of 10 Baht each |
Total Registered Capital | : | 2,000,000 Baht |
% Holding | : | 99.99% (199,994 shares) |
Paid Amount | : | 1,999,940 Baht (bought at book value) |
Objective | : | Broker for sale and rent property |