Nova Empire Public Company Limited (SET:NOVA) acquired a 24.375% stake in Winchai Company Limited from The Planet Y Holding Co., Ltd. for THB 715 million on December 27, 2022. Under the terms, Nova Empire Public Company Limited acquired a total of 2,413,125 shares and post completion has approximately 75% stake in Winchai. As of December 27, 2022, Nova Empire Public Company Limited's shareholders approved the transaction.

Nova Empire Public Company Limited (SET:NOVA) completed the acquisition of a 24.375% stake in Winchai Company Limited from The Planet Y Holding Co., Ltd. on December 27, 2022.