TQM’s Major Shareholders Sells 1.83% Stake to Increase Liquidity and Expand Partners

TQM Corporation Public Company Limited (TQM) has made a clarification on the transaction of TQM shares by the way of trading on the SET Big Lot Board (the Big Lot Transaction) of 5,500,000 shares, representing 1.83% of the total issued shares.

 

The shares were sold by Mrs. Napassanun Punnipa, TQM’s major shareholders, in which Mrs. Napassanun will hold 2.87% of TQM’s shares after the transaction.

TQM asserted that the main objective of this transaction is to expand strategic partner. Moreover, this transaction will increase TQM’s trading liquidity.