Satit Viddayakorn entered into an agreement to acquire 11.35% stake in Bumrungrad Hospital Public Company Limited (SET:BH) from Bangkok Dusit Medical Services Public Company Limited (SET:BDMS) for approximately THB 9.3 billion on November 19, 2020. Under the terms, 90.2 million shares will be acquired at a price of THB 103 per share. The transaction is subject to availability of buyer's funding. The Board of Directors of Bangkok Dusit Medical Services is authorized to approve the transaction. The transaction is expected to close within December 31, 2020.

Satit Viddayakorn completed the acquisition of 11.35% stake in Bumrungrad Hospital Public Company Limited (SET:BH) from Bangkok Dusit Medical Services Public Company Limited (SET:BDMS) on December 18, 2020. Satit Viddayakorn acquired shares from Bangkok Dusit Medical Services PLC and ultimately holds 142.8 million shares, equal to 17.9% percent of the total issued and paid-up shares of Bumrungrad Hospital Public Company, and is considered a major shareholder.