Thai Rubber Latex Group Public Company Limited (SET:TRUBB) agreed to acquire Phoenix Rubber Products Co., Ltd. for approximately THB 150 million on November 12, 2020. The transaction is subject to due diligence in the accounting and legal aspects, and the approval of the shareholder meeting of TRUBB according to article 107 of the Public Company Act. The deal was approved by the Board of Directors of TRUBB. BPR Audit & Advisory Co., Ltd acted as auditor to TRUBB in the transaction. Thai Rubber Latex Group Public Company Limited (SET:TRUBB) cancelled the acquisition of Phoenix Rubber Products Co., Ltd. on December 22, 2020.