9 July 2010
Re : To report the establishment of a subsidiary
To : Director and Manager The Stock Exchange of Thailand
We, Asian Property Development Plc. ("AP"), would like to inform the establishment of a subsidiary which details are as followed;
Registered name Bangkok Rungroj Co., Ltd. Ratio of share held by AP 99.99% Type of business Property development Registered capital Baht 50,000,000 Date of commencement 9 July 2010 Objective of establishment To respond with the future adjustment of the subsidiary structure Please be informed accordingly.
Yours Faithfully,
/S/
(Mr. Pumipat Sinacharoen)
Company Secretary
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