S&P Syndicate Public Company Limited acquired the remaining 50% stake in MSC Thai Cuisine Co., Ltd. from Minor Food Group Plc for THB 18.02 million

S&P Syndicate Public Company Limited is a Thailand-based company, which is engaged in the operations of a nationwide and international chain of restaurants and bakery shops, the production of bakery, frozen foods and other food products and food service-related businesses, such as outside catering. The Company’s businesses include Restaurant and Bakery Businesses, Retail & Food Service Business, and Other Affiliated Brands and Services. Restaurant and Bakery Businesses include S&P Restaurant and Bakery, S&P Bakery Shop and Bakery Mart, S&P Delivery & Take-Away (DelTA), and S&P Catering. Retail & Food Service Business include retail business, food service business and export business. S&P Restaurant and Bakery offers a full range of Thai and international dishes, fresh bakery and cakes, coffee and fresh juices, as well as desserts and various other packaged products. S&P Bakery Shop offers fresh bakery, cakes, cookies, sandwiches and daily freshly made products.