Srisawad Capital 1969 Public Company Limited (SET:SCAP) agreed to acquire a 35% stake in Srisawad Capital Company Limited from Wichit and two others for THB 8.1 billion on May 3, 2022. As per the terms, Srisawad Capital 1969 Public Company Limited will allot 262,500,000 shares as per part of the consideration. Srisawad Capital 1969 Public Company Limited will acquire the remining 65% shares from its parent company Srisawad Corporation public company limited. Transaction is subject to regulatory, shareholders approval, and other condition precedents. Srisawad Capital board has approved the transaction. As of June 23, 2022, The transaction has been approved by the shareholders of Srisawad Corporation Public Company Limited.
Srisawad Capital 1969 Public Company Limited (SET:SCAP) completed the acquisition of a 35% stake in Srisawad Capital Company Limited from Wichit and two others on September 9, 2022.