ASIAN PROPERTY DEVELOPMENT PLC.
NEWS RELEASE
22 February 2010
Re : To notify the special resolution of the Company's Board of Directors on the sale of investment in Quality Construction Products Public Company Limited
To : Director and Manager, the Stock Exchange of Thailand
We, Asian Property Development Plc. ("the Company"), would like to notify the special resolution of the Board of the Directors on the sale of investment in Quality Construction Products Public Company Limited ("Q-CON"). The special resolution, approved by the Board of the Directors of the Company on 18 February 2010, is to achieve the condition stated in the Memorandum of Understanding which the Company has entered to sell shares in Quality Construction Products Public Co., Ltd. with SCG Building Materials Co., Ltd. on 6 February 2010.
Please be informed accordingly
Sincerely Yours,
(Mr. Pichet Vipavasuphakorn)
Managing Director
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