Min Intanate acquired an additional 20.05% stake in ARIP Public Company Limited (SET:ARIP) from Apsilon Ventures Pte Ltd for approximately THB 60.7 million on June 25, 2021. Under the terms of the transaction, Min Intanate acquired 93.4 million shares in ARIP Public Company Limited at a price of THB 0.65 per share. Following completion of the transaction, Apsilon Ventures Pte Ltd will cease to be an associated company of Keppel Corporation Limited. Min Intanate will own 64.33% stake in ARIP Public Company Limited. The transaction is not expected to have any material impact on the net tangible assets per share or earnings per share of Keppel Corporation Limited for the current financial year. Min Intanate completed the acquisition of completed the acquisition of an additional 20.05% stake in ARIP Public Company Limited (SET:ARIP) from Apsilon Ventures Pte Ltd on June 25, 2021.