SABUY Invests ฿33Mn to Acquire Additional Stake of “Vending Plus” to Hold 86.12% in Total

Sabuy Technology Public Company Limited (SABUY) announced that the Board of Directors’ Meeting held on 8 January 2021, has passed a resolution to approve the Company to acquire shares in Vending Plus Co., Ltd. (VDP), a subsidiary that the Company is holding 82.47% of VDP’s registered and paid-up capital, from Ms. Paranya Rujanapornpaje (41,000 shares), who is a connected person and the existing shareholders (68,500 shares) in the total of 109,500 shares at THB 300 per share. The total consideration price is THB 32.85 million. After the transaction, SABUY will hold a total 86.12% of VDP’s registered and paid-up capital.