DDS INFORMATION OF PPM
Padaeng Industry Plc added information of its subsidiary Padaeng
Pungsan Metals Co Ltd (PPM) as follows:
Objective of capital decrease : to cut accumulated losses in order to
allow share value and assets of PPM to present at the accual amounts and
to provide convinience to shareholders in receiving dividend as rapid as
possible. Moreover, PPM would mobilise capital easily in future.