Execution of Joint Venture Agreement in Bridge Mobile PteLtd
18 June 2007
AIS-CP 063/2007
June 18, 2007
Subject: Execution of Joint Venture Agreement in Bridge Mobile Pte Ltd.-
Singapore
To: The President
The Stock Exchange of Thailand
Refer to: The Letter No. AIS-CP 051/2007 on May 11, 2007.
Re: Notification of the resolutions of the Board of Directors
Meeting no.4/2007
According to the referred letter, the Board of Directors' Meeting no. 4/2007
of Advanced Info Service Public Company Limited (The Company) approved
the investment in Bridge Mobile Pte Ltd. - Singapore which is joint force of
10 mobile operators in Asia- Pacific region to provide international roaming
service. The Company will invest 2 million shares or 10% stake of such
company, approximately investment 2.7 million USD.
Further, the Company signed the Joint Venture Agreement on June 18, 2007.
This transaction is not considered as the acquisition and disposition of
assets under: Notification of the Board of Governors of the Stock Exchange of
Thailand Re: Disclosure of Information and Other Acts of Listed Companies
Concerning the Acquisition and Disposition of Assets, B.E.2547.
Yours faithfully,
(Singed)
Mr. Pong-Amorn Nimpoonsawat
Chief Finance Officer
Advanced Info Service Public Company Limited