Talk Focus Sdn Bhd and another buyer agreed to acquire IEC Technology Co., Ltd. from The International Engineering Public Company Limited (SET:IEC) for THB 11.7 million on March 24, 2014. The International Engineering Public Company will sell 24.8 million shares of IEC Technology Co., Ltd. The payment has to be fully settled upon contract stipulation before shareholding being transferred to the buyer. IEC Technology Co had loss of THB 10.27 million for the year ending 2013.

The transaction was approved by the Board of Directors of The International Engineering Public Company. The share payment and share transferring shall be done within April 4, 2014. The International Engineering Public Company Limited shall use the capital from divestment as working capital for normal operation.