TOA Paint (Thailand) Public Company Limited (SET:TOA) agreed to acquire 12% stake in DezignSYNC Co., Ltd. from Jirath Chuthathammaporn, Jinwara Sutthiparinyanon, Whatanyoo Paratara and Kittiphan Techakittiroj for THB 3.5 million on December 4, 2017. TOA Paint (Thailand) Public Company Limited will acquire 0.108 million shares. Post completion Jirath Chuthathammaporn, Jinwara Sutthiparinyanon, Whatanyoo Paratara and Kittiphan Techakittiroj will hold 72%, 7%, 7% and 2% stakes respectively. The consideration will be funded from combined offering. The Board of Directors of TOA Paint (Thailand) Public Company Limited resolved and approved the deal on December 4, 2017. TOA Paint (Thailand) Public Company Limited (SET:TOA) cancelled the acquisition of 12% stake in DezignSYNC Co., Ltd. from Jirath Chuthathammaporn, Jinwara Sutthiparinyanon, Whatanyoo Paratara and Kittiphan Techakittiroj on December 4, 2018.