Sena Development Public Company Limited made a tender offer to acquire remaining 64.65% stake in J.S.P. Property Public Company Limited (SET : JSP) from Thai NVDR Co., Ltd. and other shareholders for THB 1.4 billion.
After the tender offer, the list of board of directors of the Company may not have any material changes. However, if the Company will appoint new directors or replace the directors who resigned, expired, or any other reason. The tender offeror will appoint the appropriate directors and comply the relevant rules and regulations. In the next 12 following months after the end of tender offer period, the tender offeror has no intention to change the management team significantly.
KTBST SECURITIES PUBLIC COMPANY LIMITED acted as tender offer preparer, LAND AND HOUSES SECURITIES PUBLIC COMPANY LIMITED acted as tender offer agent and Dherakupt Law Office Company Limited acted as legal advisor of Sena.