T.K.S. Technologies Public Company Limited agreed to acquire a 9% stake in Metro Systems Corporation Public Company Limited from Paranya Rujanapornpajee for approximately THB 410 million.

T.K.S. Technologies Public Company Limited (SET:TKS) agreed to acquire a 9% stake in Metro Systems Corporation Public Company Limited (SET:MSC) from Paranya Rujanapornpajee for approximately THB 410 million on July 14, 2022. T.K.S. Technologies will pay THB 12.50 cash per share, for 32.4 million shares, representing a 9% stake in Metro Systems Corporation. In a related transaction, Paranya Rujanapornpajee agreed to acquire a 1.75% stake in Sabuy Technology Public Company from T.K.S. Technologies Public Company for THB 450 million.

The board of T.K.S. Technologies resolved to approve the transaction.