Undisclosed buyer acquired 5.11% stake in Dusit Thani Public Company Limited (SET:DTC) from Pioneer Global Group Limited (SEHK:224) for approximately HKD 110 million on May 9, 2018. Pioneer Global Group Limited sold 43.5 million shares for HKD 2.451 per share and now holds no stake in Dusit Thani Public Company Limited. The net sale proceeds of approximately HKD105.4 million will be reserved for future investments by the Pioneer Global Group Limited and its subsidiaries. Pioneer Global Group Limited sold the shares via Yuanta Securities (Thailand) Company Limited a brokerage firm.

Undisclosed buyer completed the acquisition of 5.11% stake in Dusit Thani Public Company Limited (SET:DTC) from Pioneer Global Group Limited (SEHK:224) for approximately on May 9, 2018.