Increase in paid-up capital to support tender offer


BackSep 03, 2007

Ref. TAC.LG 168/2550

3 September 2007

Re: Increase in paid-up capital to support tender offer

To: The President The Stock Exchange of Thailand

Enclosure: Form of Report to the Exchange of the Results of the Sale of Shares (Form 53-5)

Dear Sir,

We, Total Access Communication Public Company Limited (the "Company"), refer to the resolution of the Extraordinary General Meeting of the Shareholders No.1/2007, held on 30 April 2007, approving the corporate restructuring of the Company, which includes, among others, the tender offer to acquire shares of United Communication Industry Public Company Limited ("UCOM") and the issuance and offering of no more than 847,692,965 shares of the Company at a par value of Baht 2 each in consideration to the UCOM shareholders who accept the tender offer at the exchange ratio of 1.95 shares of the Company with a par value of THB 2 each to 1 UCOM share with a par value of THB 10 each.

As at the end of the tender offer period on 30 August 2007, a total number of 432,524,792 shares of UCOM were tendered to the Company by UCOM's shareholders. The Company issued new shares as consideration in the amount of 843,423,335 shares and the Department of Business Development, Ministry of Commerce has completed the registration of the increase of the paid-up capital of the Company from Baht 3,048,775,330 to Baht 4,735,622,000 on 3 September 2007.

In this regard, the Company has attached Form of Report to the Exchange of the Results of the Sale of Shares (Form 53-5) for your information.

Please be informed accordingly.

 

Yours truly,

On behalf of
Total Access Communication Public Company Limited

Mrs. Netima Urthamapimuk
Division Head - Legal Division

 

(F53-5)

Form of Report to the Exchange of the Results of the Sale of Shares
Total Access Communication Public Company Limited

3 September 2007

1. Information relating to the share offering

Category of shares offered Ordinary shares
Number of shares offered 847,692,965 shares
Offered to Shareholders of United Communication Industry Public Company Limited ("UCOM") who tender their UCOM shares to Total Access Communication Public Company Limited pursuant to the tender offer for delisting of UCOM shares from the Stock Exchange of Thailand.
Price per share shares exchange ratio of 1.95 shares of the Company (par value of Baht 2 each) to 1 share of UCOM (par value of Baht 10 each)
Subscription and payment period 25 business days from 9.00 a.m. to 4.30 p.m., commencing from 25 July 2007 to 30 August 2007. The period was final.
2. Results of the sale of shares :

[ ] totally sold out

[ / ] partly sold out, with 4,269,630 shares remaining. The company will deal with the remaining shares as follows: The Company will propose to the meeting of the Board of Directors for further consideration

3. Details of the sale  
Thai investors
Foreign investors
Total
Juristic persons
Natural persons
Juristic persons
Natural persons
Number of persons
21
821
33
4
879
Number of shares subscribed
415,316,760
16,354,654
411,737,491
14,430
843,423,335
Percentage of total shares offered for sale
48.99
1.93
48.57
0.00
99.49
4. Amount of money received from the sale of shares The Company does not receive any proceed from the offering as this is an exchange of shares pursuant to the abovementioned details.

The Company hereby certifies that the information contained in this report is true and complete in all respects.

 

On behalf of
Total Access Communication Public Company Limited

 

Mrs. Netima Urthamapimuk
Division Head - Legal Division

Attachments

  • 20070903_dtacE1.pdf (Size: 41,214 bytes)