03 September 1997
DELAYS SUBSCRIPTION & PAYMENT DATE
Previously, Dusit Thani Plc , following the 1/1997 extraordinary
shareholders meeting held on Jul 18, 1997, was resolved to raise
registered capital from Bt600 m to Bt850 m by issuing 25 m shares, Bt10
apiece, offered to Investment Partnership Affiliated to The Goldman Sachs
Group LP and/or Goldman Sachs & Co at the price of Bt30 each. The
subscriptiondate was scheduled on Sep 1-5, 1997 and repayment date on Sep
5.
DTC announced the subscription and payment date may be delayed to Sep
30, 1997 as they are on the negotiation and some of key persons are
committed with their works oversea.