Chanvit Vitayasamrit, Supakorn Ruangvityakul, Tidarom Tanasit, Krit Vittayasamrit and Thanachai Klomchitcharoen completed the acquisition of additional 12.5% stake in Hobbie Plus Co., Ltd. from Com7 Public Company Limited.
February 07, 2017
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Chanvit Vitayasamrit, Supakorn Ruangvityakul, Tidarom Tanasit, Krit Vittayasamrit and Thanachai Klomchitcharoen agreed to acquire additional 12.5% stake in Hobbie Plus Co., Ltd. from Com7 Public Company Limited (SET:COM7) for approximately THB 12.5 million on November 4, 2016. In a related deal Com7 Public Company Limited agreed to acquire additional 49% stake in Banana Sure Co., Ltd. from Thanawat Sae-Chiang for THB 27.82 million. Under the terms of the agreement, 4,375 shares will be sold for 2,857.14 per shares of Hobbie Plus Co., Ltd. Com7 Public Company Limited received payment of THB 2.1 million during second quarter while THB 5.4 million during third quarter. The Board of Com7 Public Company Limited approved the transaction.
Chanvit Vitayasamrit, Supakorn Ruangvityakul, Tidarom Tanasit, Krit Vittayasamrit and Thanachai Klomchitcharoen completed the acquisition of additional 12.5% stake in Hobbie Plus Co., Ltd. from Com7 Public Company Limited (SET:COM7) on February 8, 2017.
Com7 Public Company Limited is a Thailand-based company engaged in the retail business of information technology (IT) products. The Companyâs products include desktop computers, portable computers, mobile phones, tablets and various lifestyle devices. The Company has six types of business models: Retail Business (Retail), Business-to-Business (B2B), Service Business (Service), Online Retail Business (Online), Insurance business (Insurance) and Mobile phone and gadget wholesale business (Distributor). Its stores are located in department stores, shopping malls, and community malls. Its branches cover approximately 75 provinces from 77 provinces that operate under the brands BaNANA, Studio7, BaNANA Mobile, BaNANA Equip, BaNANA Outlet, Banana Stand Alone, BKK, KingKong Phone, B-Play, Bb-Move and Brand Shop. The shops are divided into four types, retail IT products, Apple brand stores, stores that focus on selling mobiles, other brand shops, and electronics stores.
Chanvit Vitayasamrit, Supakorn Ruangvityakul, Tidarom Tanasit, Krit Vittayasamrit and Thanachai Klomchitcharoen completed the acquisition of additional 12.5% stake in Hobbie Plus Co., Ltd. from Com7 Public Company Limited.