Chailease Capital (Thailand) Company Limited made a tender offer to acquire an additional 50.01% stake in Asia Sermkij Leasing Public Company Limited (SET:ASK) from a group of shareholders for THB 3.2 billion on December 3, 2020. Under the terms of the offer, Chailease Capital (Thailand) will acquire approximately 180 million shares for THB 18.3 per share. Upon completion, Chailease Capital (Thailand) will hold 51.51% stake while Chailease Finance and Chailease Malaysia will retain 36.61% and 11.88% stake respectively. The deal will be financed from the credit facility supported by Chailease Holding, the ultimate shareholder of Chailease Capital (Thailand) Company. Chailease Capital (Thailand) does not intend to change the Directors, management and organization structure of Asia Sermkij. The tender offer will commence on December 4, 2020 until January 14, 2021. On December 16, 2020, the Board of Directors of Asia Sermkij Leasing Public Company Limited recommended the shareholders to reject the offer since the offer per share of THB 18.3 is lower than the fair value of Asia Sermkij Leasing Public Company Limited. Bualuang Securities Public Company Limited acted as tender offer preparer and tender offer agent and preparer while Arthit Hemara and Noparat Kaewsringarm, Allen & Overy (Thailand) Co., Ltd acted as legal advisor to Chailease Capital (Thailand) in the transaction. I V Global Securities Public Company Limited acted as the financial advisor for Asia Sermkij Leasing Public Company Limited. Asia Sermkij Leasing Public Company Limited hired I V Global Securities Public Company Limited.

Chailease Capital (Thailand) Company Limited completed the acquisition of an additional 0.35% stake in Asia Sermkij Leasing Public Company Limited (SET:ASK) from a group of shareholders for THB 22.6 million on January 19, 2021. Total 1.24 million shares of Asia Sermkij Leasing Public Company Limited tendered as a result of the offer. Now, Chailease Capital (Thailand) Company Limited holds 1.85% stake in Asia Sermkij Leasing Public Company Limited.