CPN Acquires 40% of SF through Tender Offer, Topping Total Stake to 96.24%
CPN announced that the company, through its subsidiary, acquired 39.98% of SF from the tender offer and currently holding 96.24% in total.
Central Pattana Public Company Limited (CPN) has announced that the company, through its subsidiary Central World Company Limited as a tender offeror for the number of 932,550,343 shares, representing 43.74% of the total issued and paid-up shares and the total voting rights of Siam Future Development Public Company Limited (SF), acquired 852,397,041 ordinary shares of SF through the tender offer period from 10 September 2021 to 18 October 2021, representing an acquisition of 39.98% of total issued and paid-up shares and the total voting rights of SF.
After the tender offer, Central World Company Limited held 92.13% of SF and CPN held 4.11%.