Voluntary Partial Tender Offer for Advanced Information Technology Public Company Limited
The Stock Exchange of Thailand announced that Turnkey Communication Services Public Company Limited has received approval from shareholders to conduct a Voluntary Partial Tender Offer for up to 153,641,557 ordinary shares of Advanced Information Technology Public Company Limited, representing no more than 10% of the total issued and paid-up shares. The offer price is 5.20 Baht per share. The company has appointed Ploenchit Capital Limited as an Independent Financial Advisor to provide opinions on the tender offer.
Key Takeaways:
- Turnkey Communication Services Public Company Limited has received approval to conduct a Voluntary Partial Tender Offer for up to 153,641,557 ordinary shares of Advanced Information Technology Public Company Limited.
- The offer represents no more than 10% of the total issued and paid-up shares of Advanced Information Technology Public Company Limited.
- The offer price is 5.20 Baht per share, as approved by the shareholders.
- Ploenchit Capital Limited has been appointed as an Independent Financial Advisor to provide opinions on the tender offer, as required by the Securities and Exchange Commission.
- The Independent Financial Advisor has prepared an Opinion Report on the Tender Offer to provide shareholders with relevant information to support their decision-making.
- The Opinion Report was prepared by reviewing the information contained in the Tender Offer for Securities of the Business (Form 247-4), dated May 28, 2025.
- Interviews with Advanced Information Technology Public Company Limited's executives and management, as well as financial statements and business plans, were also reviewed in preparing the Opinion Report.
Statistics:
- 153,641,557 ordinary shares of Advanced Information Technology Public Company Limited are subject to the Voluntary Partial Tender Offer.
- The offer represents 10% of the total issued and paid-up shares of Advanced Information Technology Public Company Limited.
- The offer price is 5.20 Baht per share.
- The Independent Financial Advisor appointed is Ploenchit Capital Limited.
- The Opinion Report was prepared by reviewing information contained in the Tender Offer for Securities of the Business (Form 247-4), dated May 28, 2025.
- 28 May 2025 is the date referenced in the Tender Offer for Securities of the Business (Form 247-4).
Sources:
- Stock Exchange of Thailand
- Turnkey Communication Services Public Company Limited
- Advanced Information Technology Public Company Limited
- Ploenchit Capital Limited
- Securities and Exchange Commission