Plan of Joint Investment in Bridge Moblie Pte. Ltd.
03 November 2004
- Translation -
Ref : AIS-CP 151/2004
November 2, 2004
Re: Plan of Joint Investment in Bridge Mobile Pte.Ltd.
To: The President
The Stock Exchange of Thailand
Advanced Info Service Plc. (ADVANC) would like to notify a plan of
joint investment in a new established company, Bridge Mobile Pte. Ltd.
(Bridge) in the amount not exceeding USD 1.5 Million. The nature of
business of Bridge is to develop products and services related to mobile
telecommunication services and offer to mobile operators. ADVANC is in
the process of reviewing terms and conditions of the joint venture
agreement, which further progress will be informed accordingly. In case
there is any business relationship between ADVANC and Bridge, the business
will be performed base on the commercial arms-length to ensure the
benefit andcompetitive advantage of ADVANC.
Please be informed accordingly.
Yours sincerely,
-Signed-
Mr. Somprasong Boonyachai
Director
Advanced Info Service Plc.