Bangkok--Oct 26--SET
Three Listings on the Move: OCC Going to Pharmaceutical Products
& Cosmetics Sector, WG Transferred to Chemicals and Plastics, and AMARIN
Shifted to Hotel & Travel Services Starting Nov.8
The SET will transfer O.C.C. Pcl. to the Pharmaceutical Products
& Cosmetics Sector, while White Group Pcl. will move to the Chemicals &
Plastics Sector to better correspond to their main sources of revenue.
Meanwhile, Amarin Plaza Pcl. will move to the Hotel & Travel Services
Sector as its current and projected future operational performance center
around the hotel business.
The Chairwoman of the Capital Market Opportunity Center (CMOC)
and the Market for Alternative Investment (MAI), Ms. Sopawadee Lertmanaschai,
disclosed that The Stock Exchange of Thailand (SET) has examined the
information provided in form 56-1 for the year 2003 of O.C.C. Pcl. (OCC),
White Group Pcl. (WG), and Amarin Plaza Pcl. (AMARIN) and concluded that
their main sources of revenue and their operational performance are likely
to continue to move in line with their new sectors. Hence these 3 listed
companies will be transferred to their new sectors starting from November
8, 2004, onwards.
O.C.C. Pcl. (OCC) will move from the Commerce Sector in the
Services Industry Group to the Pharmaceutical Products & Cosmetics Sector
in the Consumer Products Group. As reported in OCC’s form 56-1 for the year
2003, 86.75% of the company’s core revenues were derived from the sale of
cosmetic products.
White Group Pcl. (WG) will move from the Commerce Sector in the
Services Industry Group to the Chemicals and Plastics Sector in the
Industrials Group. As reported in WG’s form 56-1 for the year 2003, 87.4%
of its core revenues were derived from the import and distribution of
chemical products. Most of WG’s products are intermediate goods and raw
materials.
Amarin Plaza Pcl. (AMARIN) will move from the Property Development
Sector in the Property & Construction Group to the Hotel & Travel Services
Sector in the Services Industry Group, as 69% of its total revenues were
derived from the hotel industry. The company’s existing trends indicate
that its future operational performance will continue to be rooted in the
hotel and travel industries.
“The sector classification of each listed company is undertaken
by examining the information reported in each company’s form 56-1, which
annually emphasizes what core component on the business generates over 50%
of the company’s total revenues. If there is no clear core activity
generating over 50%, then a profit criteria will be considered. The SET
reviews sector classifications annually,” Ms. Sopawadee said.
For more information, please contact the Media Relations Unit,
Corporate Communication Dept.:
Ladawan Kantawong Tel: 0-2229-2036 /
Kulvida Jintakawong Tel: 0-2229-2037/
Nattaporn Boonprapa Tel: 0-2229-2049
Attachment to the SET News Release No.130/2004, October 22, 2004
Industry Group Industry Defi
Consumer Products Producers of
consumer products, including staple,
luxury, personal and household goods. 1) Household Goods
2) Jewelry & Ornaments
3) Pharmaceuticals Products & Cosmetics
4) Clothing & Footwear
Industrials Producers and distributors
of general raw materials to be used in
various industries. Their products may
be primary or intermediate goods, or
the machinery and equipment used in the
production process. This also includes
the automobile industry. 1) Chemicals & Plastics
2) Machinery & Equipment
3) Packaging
4) Pulp & Paper
5) Vehicles & Parts
Services Service providers in the
businesses not specified in other
industry groups. 1) Commerce
2) Entertainment & Recreation
3) Healthcare Services
4) Hotel & Travel Services
5) Printing & Publishing
6) Professional Services
7) Transportation
8) Warehouse & Silo End.