News Detail

Date/Time
23 Nov 2020 13:18:00
Headline
Notification of the result of the agreement for sale and purchase of shares under Memorandum of Understanding (MOU) to study the possibility of sale and purchase of shares in Nirvana Daii Public Company Limited
Symbol
S
Source
S
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                Acquisition or disposition of assets

The Company would like to inform that the Company and Major Shareholders in NVD 
have entered into the MOU on 14 August 2020 to study the details and possibility
concerning both parties' shareholdings in NVD. Both parties had proceeded in
accordance with terms and conditions of the MOU and, on 23 November 2020, it was
concluded that  the Company is the seller of shares in NVD for 711,855,320
shares, which is equivalent to 51.56 percent of the total paid-up capital of
NVD, at the price of 2.52 Baht per share or in a total of Baht 1,793,875,406.40.
It is anticipated that the Company and Major Shareholders will complete the
sale and purchase of shares according to the aforementioned number of shares and
price within December 2020.  After the sale and purchase of ordinary shares in
NVD, NVD will cease to be the Company's subsidiary.
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of the information and related documents of listed company or issuer to the
Stock Exchange of Thailand only.  The Stock Exchange of Thailand has   no
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losses and damages in any cases.  In case you have any inquiries or
clarification regarding this announcement, please directly contact listed
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