Additional Investment in Inkjet Images(Thailand) Co.,Ltd.

08 Feb 2013
Acquisition and disposition of assets IRS. 004/2013 February 8, 2013 Re: Additional Investment In Inkjet Images (Thailand) Co.,Ltd. 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 Acquire more shares of Inkjet Images (Thailand) Co.,Ltd. This transaction is not Qualified as a connected transaction with following details; 1. The date on which the transaction occurred: within March 2013 2. The parties involved Buyer : Master Ad. Plc. Seller : Mr. Lim Chee min 3. The general characteristics of the transaction: MACO will purchase in Inkjet Images (Thailand) Co.,Ltd.'s ordinary Shares 4. The details of the assets involved The Company name issuer : Inkjet Images (Thailand) Co., Ltd. The Nature of Business : Advertisement Paid up Capital : Baht 6,000,000 ( 600,000 shares with a par value of Baht 10) Number of securities acquired : 100,000 Shares Price per share : Baht 55 Proportion of securities holding before : 33.33 % Proportion of securities holding after : 50.00 % 5. The total value of the consideration : Baht 5,500,000 The type of payment : Cash 6. The value of the assets acquired : Baht 5,500,000 7. The details of the connected persons and of related person : -None- 8. Valuation criteria : Book Value as of December 31, 2012 9. Reasons for Investment : Acquiring more shares in the investment 10. The benefit expected to be received : Increase proportion of profitability 11. The sources of funds : From MACO's operating cash flow 12. 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. 13. Calculation base on the rule of consideration paid or received compare with the value of assets of the listed company or the listed company can its subsidiaries the value is 0.95 which is not under the rule of acquisition and disposition of assets and the category related. Please be informed accordingly Yours Sincerely, 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.