Turnkey Communication Services Public Company Limited (SET : TKC) agreed to acquire a 16.60% stake in Advanced Information Technology Public Company Limited (SET : AIT) from Sabuy Technology Public Company Limited (SET : SABUY) for THB 1.6 billion on July 24, 2023. Upon closing of the transaction, TKC will own approximately 16.60% stake in AIT and SABUY will cease to be a holder. The transaction will be completed after the date on which the shareholder meeting of TKC resolves to approve the issuance of newly issued ordinary shares through a private placement, or as mutually agreed upon by the relevant parties, provided that all conditions precedent under the share purchase agreement have been fulfilled or waived by the relevant parties.

Turnkey Communication Services Public Company Limited (SET : TKC) completed the acquisition of 16.60% stake in Advanced Information Technology Public Company Limited (SET : AIT) from Sabuy Technology Public Company Limited (SET : SABUY) on December 31, 2023.