Showing 1 - 10 of 149
KEX Express expects tech and partnerships to boost growth
Business, Published on 29/05/2025
» KEX Express (Thailand) Plc, formerly known as Kerry Express, is focusing on advanced technology and strategic business partnerships to fuel its growth, according to new chief executive Jiawei Zhang.
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.
KEX Express shares jump 20% on delisting news
Nareerat Wiriyapong, Published on 02/05/2025
» Shares of KEX Express (Thailand), formerly known as Kerry Express, jumped nearly 20% on Friday after it announced plans to delist from the Stock Exchange of Thailand on completion of a tender offer by major shareholder SF International Holding (Thailand), or SFTH.
Bangchak eyes delisting of BSRC unit
Business, Yuthana Praiwan, Published on 11/04/2025
» SET-listed Bangchak Corporation (BCP), an energy conglomerate, is working on a plan to delist its subsidiary Bangchak Sriracha Plc (BSRC), formerly Esso Thailand, from the stock market this year, as part of a business restructuring plan.
TIDLOR Share Swap Opens for Sustainable Growth Under Tidlor Holdings
Published on 10/03/2025
» Ngern Tid Lor Public Company Limited (“TIDLOR” or the “Company”) has announced that the Registration Statement for Securities Offering and Tender Offer for Securities (Form 69/247-1) of Tidlor Holdings Public Company Limited (“Tidlor Holdings”) became effective as of March 6, 2025.
Bangchak to make tender for Esso shares
Business, Yuthana Praiwan, Published on 24/02/2025
» Energy conglomerate Bangchak Corporation Plc (BCP) is restructuring its business for greater operational flexibility by making a tender offer to acquire all remaining shares in Esso Thailand, which was previously taken over by Bangchak and renamed Bangchak Sriracha Plc (BSRC).
BCP and BSRC Announce Business Restructuring
Published on 21/02/2025
» The Board of Directors of Bangchak Sriracha Public Company Limited (BSRC) at its Meeting No. 3/2025 has approved Bangchak Group’s restructuring plan following Bangchak Corporation Public Company Limited (BCP)’s intention to make a tender offer to acquire all securities of BSRC held by minority shareholders, amounting to up to 631,859,702 shares (equivalent to 18.3% of BSRC’s total issued shares), via a share swap with newly issued ordinary shares of BCP. The exchange ratio is set at 1 newly issued ordinary share of BCP per 6.50 BSRC shares. Any fractional shares resulting from the calculation will be disregarded. The total number of newly issued BCP shares under this transaction will not exceed 97,209,185 shares, and there will be no cash payment involved. Additionally, BCP has announced its plan to delist BSRC’s shares from the Stock Exchange of Thailand (SET), with the restructuring expected to be completed within 2025.
Bangchak Restructures for Growth with BSRC Share Swap
Published on 21/02/2025
» Bangchak Corporation Public Company Limited (BCP) has unveiled a major restructuring initiative aimed at streamlining operations and enhancing efficiency within the Bangchak Group. The company’s Board of Directors, at its Meeting No. 3/2025, approved a tender offer to acquire all minority-held securities of Bangchak Sriracha Public Company Limited (BSRC), paving the way for its delisting from the Stock Exchange of Thailand (SET). The transaction will be executed through a share swap, allowing BSRC shareholders to exchange their holdings for newly issued ordinary shares of BCP at a ratio of 1 BCP share per 6.50 BSRC shares.
Thaivivat Holdings shares jump by more than 5% after Itochu move
Business, Nareerat Wiriyapong, Published on 17/01/2025
» Shares of Thaivivat Holdings (TVH) on the Stock Exchange of Thailand (SET) jumped by more than 5% yesterday after the insurance firm announced Japanese trading house Itochu would buy roughly 20% of its subsidiary Thaivivat Insurance (TVI).
Platinum Fruits Prepares IPO of 200 Million Shares
Published on 24/12/2024
» Platinum Fruits Public Company Limited (PTF) filed with the SEC on 20 December 2024, preparing to enter the stock market under the ticker symbol PTF. The company is offering 200 million IPO shares to raise funds for expanding its export market. UOB Kay Hian (Thailand) Public Company Limited is serving as the financial adviser. The company reported over 5.7 billion baht in revenue for the first nine months and plans to expand the export market for longan to India.