World Gas (Thailand) Co., Ltd. made a tender offer to acquire the remaining 14.87% stake in Picnic Corporation Public Company Limited for THB 300 million on January 3, 2014. The tender offer will be valid from January 7, 2014 to February 10, 2014. The offer price per share is THB 1 per share for the remaining 297 million shares of Picnic Corporation Public Company Limited. World Gas (Thailand) Co. does not have an intention to delist Picnic Corporation from the Stock Exchange of Thailand. Source of the capital used in financing is solely from World Gas (Thailand) Co.'s internal cash flows. World Gas (Thailand) has no plan to make any changes or additions to the Directors of Picnic Corporation. On January 17, 2014, the Board of directors of Picnic Corporation recommended the shareholders to approve the transaction. On January 21, 2014 and January 28, 2014, some of World Gas (Thailand) Co's shareholders sold their shares to new investors and the change of shareholder's registrar was submitted at Ministry of Commerce.

Chulakull Phumon of Finansia Syrus Securities Public Company Limited acted as transfer agent and Vikrom Leenabanchong of Finansa Securities Limited acted as financial advisor and Norton Rose Fulbright (Thailand) Limited acted as legal advisor for World Gas (Thailand) Co. Capital Advantage Company Limited acted as financial advisor to Picnic Corporation. American Appraisal (Thailand) Company Limited acted as real estate advisor to Picnic Corporation.