SPCG Change of Major Shareholders and Mandatory Tender Offer

Thansettakij•Economy•5d ago

Reader Briefing

A group of four buyers has acquired a 57.46% stake in SPCG, triggering a mandatory tender offer for the remaining shares.

•A group of four buyers acquired 606,690,726 shares, representing 57.46% of SPCG's total shares.
•The tender offer price is set at 9.11 Baht per share.
•SPCG has appointed new directors and a CFO effective August 20-21, 2026.
•The buyers state there is no plan to delist SPCG from the Stock Exchange.

•A group of four buyers acquired 606,690,726 shares of SPCG, equaling 57.46% of the total issued and distributed shares.
•The acquisition of 606.69 million shares at 9.11 Baht per share is valued at approximately 5,526.95 million Baht.
•The group of four buyers and Mr. Kriangkrai Jarutawee are conducting a Mandatory Tender Offer for the remaining 449.10 million shares (42.54%) at 9.11 Baht per share.
•The buyer group stated that this tender offer is not for the purpose of delisting SPCG from the Stock Exchange and there is no plan to remove SPCG from the market.
•The buyers will submit the tender offer form (Form 247-4) to the SEC by September 1, 2026.
•Three directors of SPCG resigned effective August 20, 2026.
•SPCG appointed Mr. Porntat Amatvivat, Mr. Kurkye Wong, and Mr. Arnold Tin Chee IP as directors between August 20 and August 21, 2026.
•Mr. Wuttichai Tankuranant was appointed Senior Executive Vice President of Accounting and Finance and CFO effective August 20, 2026, while the President position remains vacant following the resignation of Ms. Omsin Siri.

Full article content is available on the original source.

A company undergoing a change in major shareholders and control.

Kyocera Corporationℹ️

A former shareholder of SPCG that previously held 63.50 million shares.

SEC(สำนักงาน ก.ล.ต.)

The regulatory body where the tender offer form 247-4 will be submitted.

Dr. Wandee(ดร.วันดี)

A former shareholder of SPCG who previously held 486,551,676 shares.

Mr. Chokchai Settheewan(นายโชคชัย เศรษฐีวรรณ)

A former shareholder of SPCG who previously held 5.40 million shares.

Mr. Kriangkrai Jarutawee(นายเกรียงไกร จารุทวี)

One of the five individuals making the tender offer for SPCG shares.

Mr. Porntat Amatvivat(นายพรทัต อมตวิวัฒน์)

An independent director and audit committee member appointed to SPCG on August 21, 2026.

Mr. Kurkye Wong(นายเคอข่าย หว่อง)

A director appointed to SPCG effective August 21, 2026.

Mr. Arnold Tin Chee IP(นายอาร์โนลด์ ทิน ชี อิป)

An independent director and audit committee member appointed to SPCG on August 21, 2026.

Mr. Wuttichai Tankuranant(นายวุฒิชัย ตันกุรานันท์)

The Senior Executive Vice President of Accounting and Finance and CFO of SPCG appointed on August 20, 2026.

Ms. Omsin Siri(นางสาวออมสิน ศิริ)

The former President of SPCG who resigned.