Khun Tuangphoom Soontaranuwant entered into an agreement to acquire 74% stake in YLP Company Limited from The Brooker Group Public Company Limited (SET:BROOK) on December 30, 2019. Under the terms, The Brooker Group will transfer1.3 million shares and received THB 118.34 million. The closing date will not be later than March 31, 2020. The transaction is expected to close in September 2020 Khun Tuangphoom Soontaranuwant completed the acquisition of 74% stake in YLP Company Limited from The Brooker Group Public Company Limited (SET:BROOK) for approximately THB 280 million on August 27, 2020. On August 14, 2020. Khun Tuangphoom Soontaranuwant expressed interest to acquire YLP Company Limited for finalising share price. Under the terms of the transaction, Khun Tuangphoom Soontaranuwant will acquire 1.3 million shares for THB 222.27 per share. Khun Tuangphoom Soontaranuwant paid approximately THB 8.09 million as initial deposit on December 30, 2019, approximately THB 110 million as second cash deposit on March 31, 2020 and the balance of approximately THB 160 million on closing. After the acquisition Khun Tuangphoom Soontaranuwant holds 100% in YLP Company Limited. YLP reported total assets of THB 1.4 billion, shareholder’s equity of approximately THB 300 million, revenues of approximately THB 380 million and net profit of THB 98 million in the year ending on December 31, 2019. The transaction was approved by the Board of Directors of The Brooker Group on August 11, 2020.