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Stock offerings

Tender Offer for KEX Express (Thailand) Public Company Limited

Strategic Insights

— 1 min read

KEX Express (Thailand) Public Company Limited has announced that SF International Holding (Thailand) Co., Ltd. will be making a Voluntarily Tender Offer to purchase all of the company's securities. This will result in the delisting of the company's securities from the Stock Exchange of Thailand (SET) over a period of 45 business days, starting from July 21, 2025. Investors must submit their Tender Offer Acceptance Form and required documents to Bualuang Securities Public Company Limited by September 22, 2025, to be eligible for the tender offer.

Key Takeaways:

  • The Tender Offer will be conducted by SF International Holding (Thailand) Co., Ltd. for 45 business days, starting from July 21, 2025.
  • Investors must submit their Tender Offer Acceptance Form and required documents to Bualuang Securities Public Company Limited by September 22, 2025.
  • The last date for investors to purchase the company's shares on the SET to be eligible for the tender offer is September 22, 2025.
  • The Company's shares will no longer be eligible for tender after September 24, 2025.
  • KEX Express (Thailand) Public Company Limited will be delisted from the SET after the completion of the Tender Offer.
  • Shareholders are advised to review the potential consequences of the delisting, as outlined in the Opinion of the Company on the Tender Offer and the Opinion of the Independent Financial Advisor on the Tender Offer.

Statistics:

  • Total duration of the Tender Offer: 45 business days
  • Last date for investors to purchase the company's shares on the SET: September 22, 2025
  • Last date for submission of the Tender Offer Acceptance Form: September 22, 2025 (Scrip), September 22, 2025 (Scripless deposited with TSD via securities trading account), September 22, 2025 (Shares deposited with TSD under Issuer Account No. 600), and September 22, 2025 (NVDR)
  • Shareholders submitting documents to Bualuang Securities Public Company Limited: 2,618,183 (Telephone No.: 02-618-1833), 02-618-1120 (Facsimile No.)

Sources:

  • "KEX Express (Thailand) Public Company Limited" (Company Announcement, 21 July 2025)
  • Tender Offer Document (Form 247-4, dated 18 July 2025)
  • Tender Offer Acceptance Form (available on the Stock Exchange of Thailand and the Company's Investor Relations website)
  • Opinion of the Company on the Tender Offer (Form 250-2, dated 8 August 2025 and its amendments thereto)

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