Pholmankhong Business Company Limited and Southeast Management Company Limited acquired 74.75% stake in Thai Group Holdings Public Company Limited (SET:SEG) from Chareon Sirivadhanabhakdi and Khunying Wanna Sirivadhanabhakdi on October 19, 2020. Chareon Sirivadhanabhakdi and Khunying Wanna Sirivadhanabhakdi sold 562 million ordinary shares. Pholmankhong Business acquired 45% stake and Southeast Management acquired 29.8% stake in Thai Group Holdings.

Pholmankhong Business Company Limited and Southeast Management Company Limited completed the acquisition of 74.75% stake in Thai Group Holdings Public Company Limited (SET:SEG) from Chareon Sirivadhanabhakdi and Khunying Wanna Sirivadhanabhakdi on October 19, 2020.