Acquisition or disposition of assets
The Board of Directors approved the acquisition of ordinary shares in Advanced
Information Technology Public Company Limited ("AIT"), which is an associated
company of the Company, through a Voluntary Partial Tender Offer from existing
shareholders of AIT for not exceeding 153,641,557 shares, representing not more
than 10.00% of the total issued and paid-up shares of AIT at the price of 5.20
Baht per share, totaling not more than 798,936,096.40 Baht (the "AIT Partial
Tender Offer Transaction").
______________________________________________________________________
Tender Offer
Subject : Tender offer
Listed company subject to tender offer : ADVANCED INFORMATION TECHNOLOGY
PUBLIC CO.,LTD. (AIT)
Offeror :
Turnkey Communication Services Public Company Limited
Tender offer period (Update) : From 04-Jun-2025 to 16-Jul-2025
Offer price
Common shares (baht per share) : 5.20
Net price
Common shares (baht per share) : 5.20
Tender offer : Not for delisting
Tender Offer Agent (New) : KINGSFORD SECURITIES PUBLIC COMPANY
LIMITED
Remark (New) : Notification of Fulfillment of
Pre-Conditions and Clarification of the Partial Tender Offer Period for Ordinary
Shares in Advanced Information Technology Public Company Limited.
Turnkey Communication Services Public Company Limited (the "Company") would like
to notify the Stock Exchange of Thailand (the "SET") as follows:
(1) The pre-conditions for the partial tender offer of ordinary shares in
Advanced Information Technology Public Company Limited ("AIT") have been fully
satisfied as of May 19, 2025.
(2) As previously disclosed via the SET's information disclosure system on
February 14, 2025, the Company expected the partial tender offer period for AIT
shares to be from May 20, 2025, to June 26, 2025.
However, as stated in the aforementioned disclosure, the Company is obligated to
proceed with the partial tender offer only upon the complete fulfillment of all
pre-conditions specified in the Notification of Intention to Make a Tender
Offer. These include the condition that the Company must obtain full credit
facility approval from a financial institution to fund the partial tender offer.
The Company hereby informs that it received full credit facility approval from
the financial institution on May 19, 2025. Accordingly, the Executive Committee,
authorized by the Board of Directors to amend the terms and conditions of the
partial tender offer for AIT shares, has resolved to revise the tender offer
period to be from June 4, 2025, to July 16, 2025.
______________________________________________________________________
This announcement was prepared and disseminated by listed company or issuer
through the electronic system which is provided for the purpose of dissemination
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
responsibility for the correctness and completeness of any statements, figures,
reports or opinions contained in this announcement, and has no liability for any
losses and damages in any cases. In case you have any inquiries or
clarification regarding this announcement, please directly contact listed
company or issuer who made this announcement.
If you would like to see the full details of this information, please click view
"full details" in attached file.
This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand and Thailand Futures Exchange Pcl. have no responsibility for the accuracy and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.