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According to Noppadol Mingchinda, Deputy CFO, Grande Asset Development plc (GRAND), the extraordinary shareholder meeting dated June 21, 2007 has agreed to issue and sell 12 billion baht of secured debentures with a floating interest rate to Lehman Brothers Commercial Corporation Asia Limited or any of its subsidiaries or its authorized juristic entity. The debentures will be redeemable within 24 months following the issue date. |
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