Prayoon Asakan entered into letter of intent to acquire 64% stake in Global Service Center Public Company Limited (SET:GSC) from ASIA Capital Group Public Company Limited (SET:ACAP) for approximately THB 160 million on July 15, 2020. The consideration will be paid in cash. As part of the transaction, Prayoon Asakan will acquire 159,999,860 shares at THB 1 per share of Global Service Center Public Company Limited. As of July 17, 2020, Board of directors of ASIA Capital Group Public Company Limited approved the transaction and expected to close within July 24, 2020. The ASIA Capital Group Public Company Limited plan to utilize the proceeds received from the disposed shares of Global Service Center Public Company Limited to increase liquidity of the ASIA Capital Group Public Company Limited in order to repay debt.

Prayoon Asakan completed the acquisition of 64% stake in Global Service Center Public Company Limited (SET:GSC) from ASIA Capital Group Public Company Limited (SET:ACAP) on July 24, 2020.