SCG Distribution Company Limited made an offer to acquire 22.24% stake in Siam Global House Public Company Limited (SET:GLOBAL) for THB 6.6 billion on August 25, 2012. Additionally, SCG Distribution Company has also subscribed to acquire 12.7% stake in Siam Global House through private placement. SCG Distribution will acquire 457.4 million shares of Siam Global House for THB 14 each. SCG will also acquire warrants not exceeding 55.62 million and no less than 47.55 million units for THB 9.3 per unit from October 5, 2012 to November 9, 2012. The source of funds would be from the capital increase of SCG which issued 174.5 million shares at THB 60 each. In case that such fund is not sufficient, the Siam Cement Group Public Company Limited, as a major shareholder of SCG, has agreed to pay for the unpaid portion of the newly issued shares or extend a temporary credit line in sufficient amount for this transaction until the subscription is completed. As a result of the transaction, Kajohndet Sangsuban, Aree Chavalitcheewingul and Nithi Patarachoke will be nominated s the Directors by SCG. The offer is subject to approval from the shareholders of Siam Global House in a general meeting to be held on October 1, 2012. The transactions have been approved by the Board of Siam Global House. SCG Distribution may cancel the offer if the number of shares tendered by the securities holders is less than 391.09 million. As on October 1, 2012, the offer was approved by shareholders of Siam Global. On September 28, 2012, the shareholders of SCG approved the transaction.

Finansa Securities Limited as the tender offer preparer while SCG Legal Counsel Limited acted as legal advisor and Yadabha Sookkaraziri and Narongsak Rattanatavornkij of Finansia Syrus Public Company Limited as the tender offer agent for SCG Distribution.

SCG Distribution Company Limited completed the acquisition of 22.24% stake in Siam Global House Public Company Limited (SET:GLOBAL) for THB 5.6 billion on November 9, 2012. SCG Distribution Company also acquired 47.55 million warrants to acquire shares of Siam Global.