Rojana Industrial Park Public Company Limited agreed to acquire a 51% stake in Herb Treasure Company Limited from WP Consultant International ltd., Green Infinite Co., Ltd. and Global B2C Co., Ltd. for THB 51 million.
October 13, 2021
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Rojana Industrial Park Public Company Limited (SET:ROJNA) agreed to acquire a 51% stake in Herb Treasure Company Limited from WP Consultant International ltd., Green Infinite Co., Ltd. and Global B2C Co., Ltd. for THB 51 million on October 14, 2021. Purchase of ordinary shares of Herb Treasure Co., Ltd. in the amount of 255,000 shares at the price of THB 200 each totaling THB 51 million. Transaction will be funded with working capital within the Company in the amount of THB 51 million. Herb Treasure Company reported total assets of THB 4.5 million and deficit shareholder's funds of THB 1.5 million. The Board of Directors of Rojana Industrial Park Public Company Limited has approved the purchase of ordinary shares of Herb Treasure Company Limited. The Company expects to enter into a share purchase agreement and complete the transaction within October 2021.
Rojana Industrial Park Public Company Limited is a Thailand-based industrial estate development company. The Company is engaged in the development of industrial estate at Ayutthaya, Rayong and Chonburi Provinces. The Companyâs segments include Real estate sold and related service, Power plants, Water plants, and Rental services. The Companyâs projects include Rojana Ayutthaya Industrial Park, Rojana Ban Khai Industrial Park, Rojana PluakDaeng Industrial Park, Prachinburi, Bowin 1, Laem Chabang, Bowin 2, Nongyai and Ayutthaya Phase 10. Rojana Ayutthaya Industrial Park is a full-service mature industrial park, which is located in the U-Tai District. Rojana Ban Khai Industrial Park is located on the east coast of Thailand, which is approximately 32 kilometers (km) away Map Ta Phut Deep Sea Port. Rojana PluakDaeng Industrial Park is located in PluakDaeng city, Rayong province, approximately 50 km from Leam Chabang deep seaport.
Rojana Industrial Park Public Company Limited agreed to acquire a 51% stake in Herb Treasure Company Limited from WP Consultant International ltd., Green Infinite Co., Ltd. and Global B2C Co., Ltd. for THB 51 million.