03 กันยายน 2550
Revisions to Information in the Capital Increase Report ESOP
(Translation)
No. HorThor SET/032/2550
August 30, 2007
Re:Revisions to Information in the Capital Increase Report Form and
Details of the ESOP
Attn: President
The Stock Exchange of Thailand
We refer to the submission of the capital increase report form
(Form 53-4) and details of the ESOP of Singer Thailand Public Company Limited
(the "Company") to the Stock Exchange of Thailand on August 14, 2007
for dissemination to general investors.
The Company hereby submits the revisions to Clause 8.1 of the capital
increase report form (Form 53-4), regarding the price dilution effect,
which previously stated that the price of all shares of the Company after
the capital increase will not be theoretically reduced in value.
The revisions are as follows:
Revisions "Clause 8.1 With regard to the price dilution effect, after the
increase of capital (283,500,000 shares) the share price will decrease by
0.5658%. However, effects upon price dilution due to the exercise of warrants
will be subject to the market price of the Company's shares on the day the new
shares from the exercise of warrants start trading on the SET."
These revisions are made so as to be in line with the result of calculation of
the weighted average closing price and price dilution effect in accordance
with the SEC's rules. The information previously notified by the Company in
the capital increase report form (Form 53-4) and in the details of the ESOP
will also be revised accordingly.
Please be informed accordingly.
Sincerely yours,
Singer Thailand Public Company Limited