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7 กันยายน 1999

Jasmine International PCL's Board of Directors approved the acquisition of a 65% stake in Info Access, a Bangkok-based Internet Service Provider (ISP)

Acquisition

Jasmine International PCL is pleased to announce that our Board of Directors has today approved the acquisition of a 65% stake in Info Access, a Bangkok-based Internet Service Provider ( ISP ). The remaining 35% will stay under the ownership of the Communications Authority of Thailand. After completion of due diligence, Jasmine International's shareholders will be asked to approve the acquisition at an Extraordinary General Meeting ( EGM) to be held on 11 October 1999.

Strategic Plan

Jasmine International plans to use its extensive expertise in building and operating telecom networks to create Thailand's leading Internet access business. Jasmine International will invest in network capacity and infrastructure to offer the best quality, highest speed and most reliable Internet access to customers throughout Thailand.

The acquisition of Info Access is the first step toward that strategic goal.

Who are we?

Jasmine International is Thailand's leading builder and operator of telecom networks. Leveraging this unmatched expertise, we aim to become Thailand's leading provider of Internet Protocol (IP) based telecom services ( including Internet access, data and voice communications ), thus creating exceptional benefits for our customers and high returns to our shareholders.

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