With Pursuant to Padaeng Industry Plc (PDI)'s meeting No.4/1997 held on August 13, 1997, it had resolved that Padaeang Pungsan Metals Co Ltd, a subsidiary in which PDI hold a stake of 61.98%, be decrease its registered capital by Bt750 million to Bt250 million from Bt1,000 million by reducing the book value of Bt100 to Bt25 apiece. After reduction, PDI's stakes in its subsidiary company remain at thesame proportion of 6,197,750 shares. However its shares value fell to Bt154,943,750 from Bt619,775,000. PDI has clarified that the above transaction of assets does not fall within the SET's criteria concerning method, procedure and disclosure on acquisition or disposition of assets for the registered companies, however such disclosed information has been required by the SET.