Bangkok Dusit Medical Services Public Company Limited (SET:BDMS) made an offer to acquire the remaining 4.24% stake in Samitivej Public Company Limited (SET:SVH) for THB 2.03 billion on June 29, 2022. Bangkok Dusit Medical Services Public Company will acquire approximately 4.23 million shares at THB 480 each. The transaction is subject to approval by the shareholders of Samitivej Public Company, approval of delisting of shares by the SET. As of September 14, 2022, the transaction has been approved by the shareholders of Samitivej Public Company and has received the approval by SET for delisting of shares. The transaction has been approved by the board of Bangkok Dusit Medical Services. The tender offer will commence on September 16, 2022 and close on November 22, 2022. Payment of the shares tendered shall be made within two days of closure of offer. As of October 5, 2022, The board recommends the shareholders to accept the offer. On November 17, 2022 Samitivej Public Company Limited introduced the conditions regarding the trading of the shares and delisting of shares.
Kiatnakin Phatra Securities Public Company Limited is acting as financial advisor to Bangkok Dusit Medical Services Public Company Limited (SET:BDMS).