Kaset Thai International Sugar Corporation Public Company Limited announced that it will receive THB 2,600,000,000 on September 16, 2013. The company will issue equity securities in the transaction. The transaction will include participation from new investors, Sumitomo Corporation and Nissin Sugar Co., Ltd., which will acquire 25% and 5% stake in the company through this transaction.

The transaction is expected to close as early as October 2013 and will take place in stages. The company reported revenues of THB 24,600,000,000 for the year ending December 31, 2012. James Robinson, Alexis Papasolomontos, and George Blades of Herbert Smith Freehills will act as the legal advisors to Sumitomo Corporation.