5. Assets used in the business operation

5.1 Assets and ownership

Permanent assets of the Company and the subsidiary as of 31 December
2000 are as follows:

+------------------+-------------------+----------+-------------------+
| Assets           | Ownership         | Value    | Encumbrance       |
|                  |                   |          |                   |
|                  |                   | (million |                   |
|                  |                   | Baht)    |                   |
+------------------+-------------------+----------+-------------------+
| 1. 6 plots of    | A 26-year long    | 1.53     | Mortgaged with    |
| land in an area  | term lease        |          | the bank and      |
| of 40 rais at    |                   |          | company concerned |
| Maptaput         | Payable at 1.53   |          | as security       |
| Industrial       | million Baht      |          | against loans and |
| Estate           |                   |          | credits           |
|                  | per year          |          |                   |
+------------------+-------------------+----------+-------------------+
| 2. 3 buildings   | Owned             | 89.69    | “---              |
|                  |                   |          | ----------------- |
|                  |                   |          | ----------------“ |
+------------------+-------------------+----------+-------------------+
| 3. Machinery     | Owned             | 142.9    | “---              |
|                  |                   |          | ----------------- |
|                  |                   |          | ----------------“ |
+------------------+-------------------+----------+-------------------+
| 4. Plant         | Owned             | 17.60    | -                 |
| equipment        |                   |          |                   |
+------------------+-------------------+----------+-------------------+
| 5. Public        | Owned             | 8.54     | -                 |
| utilities        |                   |          |                   |
+------------------+-------------------+----------+-------------------+

5.2 Investment policy

Proportions of investments of the Company in the subsidiary during the
past 3 years:

+----------------------+----+---------+----+--------+----+----------+
|                      | 20 |         | 19 |        | 19 |          |
|                      | 00 |         | 99 |        | 98 |          |
+----------------------+----+---------+----+--------+----+----------+
| Company              | %  | Capital | %  | C      | %  | Capital  |
|                      |    | Inv     |    | apital |    | In       |
|                      | S  | estment | S  | Inve   | S  | vestment |
|                      | ha |         | ha | stment | ha |          |
|                      | re | (Baht)  | re |        | re | (Baht)   |
|                      |    |         |    | (Baht) |    |          |
+----------------------+----+---------+----+--------+----+----------+
| Rayong Wire          | 9  | 99,     | 9  | 99,9   | 9  | 99       |
| Industries Co.,Ltd.  | 9. | 999,300 | 9. | 99,300 | 9. | ,999,300 |
|                      | 99 |         | 99 |        | 99 |          |
+----------------------+----+---------+----+--------+----+----------+

5.3 Supervision of the subsidiary company

The Company supervises by sending representatives to act as all
directors and executives of the subsidiary company. The board of
directors of the subsidiary company is a separate one from the board of
directors of the Company, but the subsidiary company shall keep the
Company’s board of directors informed of its work progress.