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Medeze Launches Partial Offer for 10% of Cordlife
Published on 13/05/2025
» Singapore / Bangkok, 13 May 2025 – Thailand-listed Medeze Group Public Company Limited (“Medeze”), through its wholly owned subsidiary Medeze Treasury Pte. Ltd. (the “Offeror”), intends to make a voluntary conditional cash partial offer (the “Partial Offer”) to acquire 10.00% of the issued ordinary shares of Cordlife Group Limited (“Cordlife” or the “Offeree”), a Singapore-listed provider of cord blood banking services. The move signals Medeze’s first strategic step into the Singapore market, with the intention of exploring business opportunities with the Offeree to create long-term value and mutual benefit for both parties.
Top five business news stories of 2024: Sealing deals
Business, Published on 25/12/2024
» The outlook for Thai small businesses this year was not prosperous, as the economy continued to grow at a sluggish pace.Some large companies outperformed others, but often they were forced to adjust their structures and increase liquidity through major transactions.Notable deals included the separation of the food and real estate businesses within the Sirivadhanabhakdi family, as well as the year-end investment by CP Axtra, under Charoen Pokphand (CP) group, in the Happitat mall at Forestias, also under the CP umbrella.Several other corporations wrapped up deals in a bid to strengthen their position.
Gulf-Intouch restructuring to finish in 2025
Business, Published on 25/12/2024
» In July 2024, Gulf Energy Development Plc (GULF) and Intouch Holdings Plc (INTUCH) announced a strategic amalgamation to restructure related companies within the group.
AIS head granted additional extension
Business, Srisamorn Phoosuphanusorn, Published on 22/10/2024
» Somchai Lertsutiwong is to remain chief executive of Advanced Info Service (AIS) for another year, after his contract was extended for the second time.
Much hangs on Gulf, InTouch deal
Business, Published on 18/07/2024
» The planned amalgamation of Gulf Energy Development (Gulf) and InTouch Holdings (INTUCH) is aimed at simplifying the shareholding structure, strengthening the group's financial status and balancing the investment portfolio.
GULF and INTUCH announce a strategic amalgamation
Business, Published on 16/07/2024
» Gulf Energy Development Public Company Limited (GULF) and Intouch Holdings Public Company Limited (INTUCH) have announced a strategic amalgamation to restructure related companies within the group to maximise benefits for future operations and investments, including to simplify their shareholding structure and cultivate new growth opportunities in the energy & infrastructure and digital landscape.
Merger to push on as tender scrapped
Business, Komsan Tortermvasana, Published on 23/11/2022
» True Corporation and Total Access Communication (DTAC) have vowed to continue pursuing their amalgamation, although two affiliates of the pair scrapped their plans to conduct tender offers to acquire the two telecom operators' shares to create a path for the merger.
The art of the merger
Business, Post Reporters, Published on 29/12/2021
» Corporations have been busy striking merger and acquisition deals this year, in the belief that the transactions will strengthen their business, ease cost pressures, and offer new opportunities.
True-DTAC formally announce merger plan
Post Reporters, Published on 22/11/2021
» Telecom firms Total Access Communication Plc (DTAC) and True Corporation Plc have agreed to merge, to pursue new tech business and raise venture capital for startups.
Gulf tender nets 23.3% of InTouch
Business, Published on 06/08/2021
» SET-listed Gulf Energy Development acquired a 23.32% stake in InTouch Holdings Plc through a 25-day tender offer that ended on Wednesday, becoming the largest shareholder in the tech and telecom-oriented holding firm with a 42.25% stake.