บริษัท สยามโกลบอลเฮ้าส์ จ ากัด (มหาชน)
SIAM GLOBAL HOUSE PUBLIC COMPANY LIMITED
No. GLOBAL/SET/202207
20 June 2022
Subject: Update on Business expansion in Philippines
To: President
The Stock Exchange of Thailand
As Siam Global House Public Company limited ("the Company") has informed The Stock Exchange of Thailand about the business expansion in Philippines on 29 October 2021.
The Company hereby notifies that, on 17 June 2022, the Company has signed the joint venture agreement with Cosco Capital Incorporated which operated various businesses in Philippines such as retail business in consumer goods, Real Estate, includes Oil and Mineral Exploration. The Company would establish Global House Philippines Co., Ltd. ("GBP") to operate modern trade retail stores and related businesses to distribute building materials and home improvement products, as Global House in Thailand, in Philippines. Also, the Company would found Global House Philippines Estate Co., Ltd. ("GBP ESTATE") to own lands to develop Global House stores in Philippines.
This transaction is exempt from the rule of information disclosure concerning the acquisition and disposition of assets of listed companies.
Please be informed accordingly.
Yours faithfully, (Mr.Witoon Suriyawanakul)
Chief Executive officer
Siam Global House Public Company Limited
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Siam Global House pcl published this content on 20 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 June 2022 00:13:00 UTC.