Asia Metal Public Company Limited (SET:AMC) agreed to acquire an additional 5% stake in Prime Steel Mill Co., Ltd. from Chusak Yongvongphaiboon for THB 48 million on June 21, 2023. The consideration will be funded through working capital of Asia Metal Public Company Limited. As of December 21, 2022, Prime Steel Mill Co., Ltd. reported net loss of THB 24 million and Total equity of THB 1.5 billion. The deal has been approved by board of directors of Asia Metal Public Company Limited. The deal is expected to be completed within June, 2023.

Asia Metal Public Company Limited (SET:AMC) completed the acquisition of additional 5% stake in Prime Steel Mill Co., Ltd. from Chusak Yongvongphaiboon in June 2023.