Sales of ordinary shares in Take A Look

08 Feb 2013
Acquisition and disposition of assets IRS.002/2013 February 8, 2013 Re: The Sales of Ordinary shares in Take A Look Co., Ltd. (Investment in Other Company) To: The President The Stock Exchange of Thailand Master AD Public Company Limited (MACO) held a board of Director's meeting 1/2013 in February, 8 2013 where a resolution to approve the sales of ordinary shares in Take A Look Co., Ltd. Details are as follows: 1. The date on which the transaction occurred: Within March 2013 2. Parties Involved: Purchaser : Samart Multimedia Co.,Ltd. Seller : Master Ad Public Company Limited. Relationship : - 3. The general characteristics of the transaction: Sell ordinary share of Take A look Co., Ltd. to Samart Multimedia Co., Ltd. 3,333,334 shares amount Baht 299,980. 4. The details of the assets involved The company name issuer : Take A Look Co., Ltd. The nature of business : The business is to provide advertising media by large electronic LED Billboard Paid up capital : Baht 75,000,000.- The shareholder's structure : Samart Multimedia Co., Ltd. 6,666,659 66.67% Master Ad Plc. 3,333,334 33.33% The summary of financial and operation performance of Take A Look as of December 31, 2012 Total Assets Baht 627,591.65 Total Liabilities Baht 1,566,996.38 Total ShareHolder's Equity Baht (939,404.73) Total Revenue Baht 74,480.78 Total Expens Baht 466,462.23 Net Profit(loss) Baht (391,981.45) 5. Value of share acquired : Baht 299,980 6. Valuation Method : the negotiations of between Samart Multimedia (buyers) and Master Ad plc. (sellers). 7. Benefit From the Transaction: working capital for the Company's operation. 8. Transaction Type and Size: This acquisition and disposal of assets of which total transaction value is less than 15% of net tangible asset, and the characteristic of transaction are not the connected transactions by notification of the Board of governors of the stock exchange of Thailand. 9. Comment of the Board of Director: The Board of Directors approved the special stock sale to reduce the loss and apply the cash back to the company. 10. Comment of the Audit committee: Audit Committee to comment that the transactions mentioned above does not constitute a conflict of interest and transaction information in the accuracy and completeness. Sincerely yours, (Noppadon Tansalarak) Director (Phiched Maneerattanaporn) Director ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.