CLARIFY THE ACQUISITION OF ADVANC
21 ตุลาคม 2542
AIS 0241/1999
October 21,1999
Re : Clarify the acquisition of ADVANC
To : President
Stock Exchange of Thailand
Refer to the letter No. 0239/1999 on October 20,1999
Refer to the notification of Advanced Info Service Plc. (ADVANC)
regarding of the acquisition of investment in Shinawatra Datacom Ltd.
(SDC) and Data Network Solution Ltd. (DNS) The company would like to
clarify that the firm value of both companies has been calculated by
Discounted Cash Flow method based on the assumptions agreed by both parties.
Yours Faithfully,
-Signed-
(Mr.Somprasong Boonyachai)
Director
Advanced Info Service Plc.