Porn Prom Metal Public Company Limited (SET:PPM) agreed to acquire an additional 40% stake in Solar PPM Company Limited from Vina Solar Technology Co., Ltd. for THB 0.24 million on December 29, 2021. Porn Prom Metal Public Company will acquire 0.24 million shares of Solar PPM. Transaction will be funded using internal cash flow.

Porn Prom Metal Public Company Limited board of directors have approved the transaction. The transaction is expected to be closed within 30 days.