Tender Offer for KEX Express (Thailand) Public Company Limited: Key Developments and Listings

KEX Express (Thailand) Public Company Limited has been at the center of a tender offer process initiated by SF International Holding (Thailand) Company Limited. The tender offer, which saw multiple amendments, has prompted the Company to prepare and submit various documents to relevant authorities and shareholders. This announcement highlights key developments in the tender offer process and provides essential information for stakeholders.

Key Takeaways:

  • On July 18, 2025, SF International Holding (Thailand) Company Limited submitted a Tender Offer for the Securities of KEX Express (Thailand) Public Company Limited.
  • The offer was amended twice, first on August 5, 2025, and then on September 2, 2025.
  • Capital Advantage Company Limited was appointed as the independent financial advisor to provide an opinion on the tender offer.
  • The Company submitted its Opinion of the Company regarding the Tender Offer to the Office of the Securities and Exchange Commission, the Stock Exchange of Thailand, and shareholders on August 8, 2025.
  • An amendment to the Opinion of the Company was subsequently submitted, accompanied by an opinion from the independent financial advisor.
  • The tender offer process has been voluntarily disclosed and publicly available since the initial submission.
  • The complete document detailing the tender offer and the company's opinion can be viewed at the link: https://www.set.or.th/en/home

Statistics:

  • July 18, 2025: The initial tender offer submission date.
  • August 5, 2025: Amendment No.1 to the tender offer.
  • September 2, 2025: Amendment No.2 to the tender offer.
  • July 29, 2025: The date of the Company's Opinion of the Company regarding the Tender Offer.
  • August 8, 2025: The submission date of the Company's Opinion of the Company regarding the Tender Offer.

Sources:

  • Company Announcement from the Stock Exchange of Thailand on July 18, 2025 (Tender Offer for the Securities of KEX Express (Thailand) Public Company Limited - Form 247-4)
  • Company Announcement from the Stock Exchange of Thailand on August 5, 2025 (Amendment No.1 to Tender Offer for the Securities of KEX Express (Thailand) Public Company Limited)
  • Company Announcement from the Stock Exchange of Thailand on September 2, 2025 (Amendment No.2 to Tender Offer for the Securities of KEX Express (Thailand) Public Company Limited)
  • Company Announcement from the Stock Exchange of Thailand on July 29, 2025 (Opinion of the Company regarding the Tender Offer - Form 250-2)
  • Company Announcement from the Stock Exchange of Thailand on August 8, 2025 (Submission of Opinion of the Company regarding the Tender Offer)