ACQUISITION OF ORDINARY SHARES OF SHINAWATRA DATACOM LIMITED
09 December 1998
AIS 00557/1998
8 December, 1998
Re : Acquisition of Ordinary Shares of Shinawatra Datacom Limited
Advanced Info Service Public Company Limited (ADVANC) had acquired
ordinary shares of Shinawatra Datacom Limited (SDC) from Bangkok Telecom
Engineering Limited (BTE) on December 8, 1998 totaling 6,418,974 shares
amounting baht 51,267,628. The acquisition had increased ADVANCs holding in
SDC from previously 6,300,000 shares or 13.77% to a new holding of
12,718,974 shares or 27.80% of its registered capital. SDC provides data
communication service via telephone line (DATANET)
This acquisition of ADVANC, the size of the transaction does not
fall into any category of the notification of the Stock Exchange of
Thailand with regards to the guideline, methodology and the disclosure
of a listed companys acquisition or divestiture.