Set up a new company

BackMar 20, 2007

19th March, 2007

Subject To report the resolution of the Board of Directors' Meeting No. 5/2007

Attention The President, the Stock Exchange of Thailand

The Board of Directors' Meeting No. 5/2007 of Asian Property Development PLC., held on 19th March, 2007 between 16.30 p.m. to 17.00 p.m. at Ocean Tower 1, 18th Floor, No. 170/57, Ratchadapisek Road, Klongtoey, Bangkok has resolved to set up a new company and details are as following.

- Company's Name Libra Holdings Company Limited
- Registered Capital 100,000 Baht (One hundred thousand only)
- Par Value 100 Baht/share (One hundred Baht)
- Shareholders Asian Property Development PLC holds 99.99% of shares
- Objective For Property Development Business

For your acknowledgement

 

Yours Faithfully,
Asian Property Development Plc.

 

Mr.Pumipat Sinacharoen
Senior Vice President