Capital Engineering Network Public Company Limited entered into a share purchase agreement to acquire 19.89% stake in ASTI Holdings Limited from Dato? Michael Loh Soon Gnee for approximately THB 240 million.

Capital Engineering Network Public Company Limited (SET:CEN) entered into a share purchase agreement to acquire 19.89% stake in ASTI Holdings Limited (SGX:575) from Dato? Michael Loh Soon Gnee for approximately THB 240 million on February 8, 2023. As per the transaction, Capital Engineering Network Public Company Limited will issue 80 million shares to acquire 130.2 million shares of ASTI Holdings Limited.

The transaction is subject to shareholder?s approval of Capital Engineering Network Public Company Limited.