19 พฤษภาคม 2553
Supreme Court order to continue Water Supply Project
ST. 010/2010/0032
May 18th, 2010
Subject : The Supreme Administrative Court has deliver its decision to
continue the construction of Water Supply System Project
according to the water shortage solving plans of Nakorn
Ratchasima Municipal
Attention : The President
The Stock Exchange of Thailand
Refer to Sino-Thai Engineering & Construction Public Company Limited's letter
no. ST. 010/2009/0046 dated November 3rd, 2009, on the subject about the
Administrative Court of Nakorn Ratchasima's order to temporary suspending the
construction of Water Supply System Project according to the water shortage
solving plans of Nakorn Ratchasima Municipal. In this regard, Nakorn
Ratchasima Municipal lodged an appeal against the court's order to the Supreme
Administrative Court. The company is pleased to clarify that at the present
the Supreme Administrative Court has deliver its order to amend the
Administrative Court of Nakorn Ratchasima's order and allow Nakorn Ratchasima
Municipal to continue the construction of the project except only for the part
of work relating to raw water pumping station and related water pipe line in
the area of Lumchae reservoir. This Part of work, according to the Supreme
Administrative Court's order, shall temporary suspend until the court
delivered other judgment or order.
As the result of the Supreme Administrative Court's order, the company can now
resume almost every portion of the project except for Lumchae reservoir's part
of work which is only 5% of the contract's value (worth approximately Baht 110
mn.).
It is therefore informed for your acknowledgement and dissemination to the
public and other investors.
Yours sincerely,
Mr. Woraphant Chontong
SEVP. Financial and Administration Division
Company Secretary Office
Mr. Chaiyaporn Imcharoenkul (Company's Secretary)
Telephone: 0 2610 4900 ext. 274
Fax: 0 2259 4427