Chaicharn Rakchartkiatkul agreed to acquire the 40% stake in Platinum Container Lines Co., Ltd from Bangpakong Terminal Public Company Limited (SET:BTC) for THB 100 on May 11, 2016. Under the terms, Chaicharn Rakchartkiatkul will acquire 3.2 million shares. In a related transaction, Chaicharn Rakchartkiatkul agreed to acquire the 45% stake in Platinum Emerald Co., Ltd from Bangpakong Terminal Public Company Limited for THB 100 on May 11, 2016. Platinum Container Lines Co., Ltd. had total assets of THB 0.01 million and shareholders liability of THB 370.6 million as on September 30, 2016. The deal is subject to approval from shareholders of Bangpakong Terminal Public Company Limited. The meeting for the same is scheduled on April 20, 2017. The Board of Directors of Bangpakong Terminal Public Company Limited approved the deal. Silom Advisory Company Limited acted as financial advisor for Bangpakong Terminal Public Company Limited. Chaicharn Rakchartkiatkul completed the acquisition of the 40% stake in Platinum Container Lines Co., Ltd from Bangpakong Terminal Public Company Limited (SET:BTC) on September 30, 2016.