TCAP Books ฿7.1bn from the Sale of 6% Stake in “Ajinomoto”

Thanachart Capital Public Company Limited (TCAP) has reported that the company has entered into a Sale and Purchase Agreement on 31 January 2020 to sell the Ajinomoto Co., (Thailand) Limited (AJT) shares that the company holds indirectly through Thanachart SPV2 Company Limited (SPV2), representing 6% of AJT’s total outstanding shares, to AJINOMOTO Co., INC (AJICO) in Japan.

The total transaction value is approximately 7,167 million baht and it is expected that the shares will be transferred within February 2020.