29 กุมภาพันธ์ 2543
SELL OF SHARES OF DIRECT COMMERCE TECHNOLOGY CO.,LTD.
February 28, 2000
Attn: Managing Director and Manager Stock Exchange of Thailand
Subject: Sell of shares of Direct Commerce Technology Co.,Ltd.
The Board of DirectorsMeeting no. 1/2543 on Monday February 28, 2000 has
approved the following:
As per the company investment in the Direct Commerce Technology Co.,Ltd. at
49% of registered capital 10 million Baht. Shares were paid on December 30,1999 at
25% of registered capital.
The company business is to accept room reservation through the Internet and
earn income from the service rendered to member hotels. However, the company was
unable to recruit members as budgeted. This effected the company growth and it was
expected that it would not worth the investment to Dusit Thani PCL.
The Board of Directors agreed to sell 490,000 shares of Direct Commerce
Techonlogy to Khun Sirichai Charnchaikuvet at 10.00 Baht per share.