Rumour Goes Viral! VGI to Invest ฿4.5bln., Paving a Path to Takeover PLANB!
Rumour is going viral on VGi paving its path to takeover PLANB with an investment of ฿4.5 billion.
Reporter close to the source has reported that VGI Global Media Public Company Limited (VGI) has just recently come to a solution of taking over Plan B Media Public Company Limited (PLANB).
Primarily, VGI will buy PLANB’s shares by Private Placement (PP) at an approximately of 9% (after a capital increase), then buy PLANB’s shares from its major shareholders at an approximately of 9% as well.
The source also said that the total investment would be around ฿4-4.5 billion to acquire 18% of PLANB, which is around ฿6.1-6.3/share.
If there is any update regarding the matter, Kaohoon Online will report accordingly.
