THAI RUBBER LATEX CORP. CO., LTD.: Producer of latex concentrate, latex glove, rubber thread

THAI RUBBER LATEX CORPORATION PLC CO., LTD.: Producer of Latex, Rubber Thread, Latex Glove

Guaranteed Supply Reasonable Price High-Quality Strong Partnership For more than three decades, Thai Rubber Latex Corporation has stably become one of the most recognized concentrated latex producer in Thailand and gained numerous reputations within rubber industry worldwide. We have been continuously improving our manufacturing process, logistics network, and material supply management to ensure that we are fully capable of delivering the finest product to our customers when they want. Our devotions to quality are aimed at providing real customer benefits, the benefits that last resulting in maximum customer satisfaction. Thai Rubber Latex Corporation is a leading manufacturer and exporter of latex concentrate, disposable rubber gloves, extruded rubber threads, and various rubber products. Our core competitiveness is derived from consistency of supply, high-quality products, spontaneous customer services. That is contributable to our success.

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Selling Stock of Wintex & Purchasing stock of Latex Systems

                                     (Translation)

 

                                             September 25, 2009



Subjects   1. Selling common stock of Wintex Rubber Industry Company Limited

           2. Purchasing new common stock of Latex Systems Company Limited

To         President,

           The Stock Exchange of Thailand



           Thai Rubber Latex Corporation (Thailand) Public Company Limited

(TRUBB) is pleased to inform that TRUBB's Board of Directors at the meeting

No.9/2009 held on September 25,2009 has approved the resolutions. The details

are as follows;

           1 Selling 62,500 shares that TRUBB holds total common stock in

Wintex Rubber Industry Company Limited (affiliate that TRUBB holds 25% share),

at Baht 122 per share (a par value of Baht 100 per share and book value of Baht

54.52 per share), amounting Baht 7,625,000 to MrSuporn Weerajindapong, the

affiliate's Managing Director and not being a connected person. TRUBB's

purchasing price is Baht 100 per share, amounting 6,250,000.After selling

stock, TRUBB will have profit of Baht 1,375,000.

 

            2.Purchasing new common stock 169,079 shares of Latex Systems

Company Limited (associated company that the company holds 26.04% of

shareholders structure, Foam Latex Mattress Producer) at a par value of Baht

9.24 per share, amounting to 1,562,285 Baht. The associated will increase

registered capital by issuing new common stock of 649,350 shares to be totally

2,035,500 shares. Thus, the registered capital will increase of Baht 6,000,000

to be totally Baht 18,808,026. TRUBB will purchase the new shares at the old

proportion of TRUBB's holding (26.04%). The objective of investment is for

increasing investment in the business that produces finished goods from

concentrated latex, which has market around the world, profitable margin and

good potential marketing.

            Please be informed accordingly.



                                    Yours sincerely,

 

                              (Mr.Vorathep Wongsasuthikul)

                                    President and CEO

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