Loxley Public Company Limited (SET:LOXLEY) agreed to acquire remaining 60% stake in Thai Fiber Optics Co., Ltd from Furukawa Electric Co., Ltd. and Furukawa Thai Holdings Co., Ltd for THB 60 million on May 12, 2023. Loxley Public Company Limited signed an agreement to acquire remaining 60% stake in Thai Fiber Optics Co., Ltd from Furukawa Electric Co., Ltd. and Furukawa Thai Holdings Co., Ltd for THB 60 million on June 21, 2023. The deal has been approved by board of directors of Loxley Public Company Limited.

The consideration of THB 60 million will be paid through working capital of Loxley Public Company Limited.