Yamasa Corporation agreed to acquire an additional 25.9% stake in Yamasa (Thailand) Co., Ltd from Thaitheparos Public Company Limited (SET:SAUCE) and Tanawat Winyarat for THB 14 million on November 12, 2018. Under the terms, Yamasa Corporation will acquire approximately 0.08 million shares from Thaitheparos Public Company Limited and 1 share from Tanawat Winyarat at THB 180 per share. Payment by bank transfer will be completed by November 27, 2018. Pre-completion, Yamasa Corporation, Thaitheparos Public Company Limited and Tanawat Winyarat held 49%, 26% and 0.0003% stake whereas post-completion, Yamasa Corporation will hold 75% and Thaitheparos Public Company Limited and Tanawat Winyarat will cease to hold any stake in Yamasa (Thailand) Co., Ltd. For the year ended December 31, 2017, Yamasa (Thailand) Co., Ltd had total assets of THB 46.9 million, revenue of THB 96.1 million, net profit of THB 6 million, and shareholders' equity of THB 30 million. The transaction is subject to the approval of the shareholders of Thaitheparos Public Company Limited and was approved by its Board of Directors on November 12, 2018. The transaction is expected to take place by November 27, 2018. Yamasa Corporation completed the acquisition of an additional 25.9% stake in Yamasa (Thailand) Co., Ltd from Thaitheparos Public Company Limited (SET:SAUCE) and Tanawat Winyarat on November 27, 2018.