RAM Invests ฿283M for 12M Shares in RJH, Expecting to Expand Business in Provinces

The board of directors of Ramkhamhaeng Hospital Public Company Limited (RAM) has approved RAM to acquire the share of Rajthanee Hospital PLC. in the amount of 12,000,000 shares at the price of THB23.60 per share, totally THB 283,200,000.

Rajthanee Hospital PLC. has operated private hospital size 100 beds at Ayutthaya, Thailand since June 25th, 1992 to the present totally 27 years.
As a result, Ramkhamhaeng has purposed to expand business in the provinces and see that Rajthanee Hospital PLC. has a good status and chances to grow business in the future.

Therefore, Ramkhamhaeng takes part in by purchasing from original shareholders (Thonburi Healthcare Group PLC.) about 12,000,000 shares or 4% of registered shares. Ramkhamhaeng expects to receive a dividend at a preferable rate in the future. The source of funds for the investment has loaned from the local financial institution.