JSP Pharmaceutical Manufacturing (Thailand) Public Co., Ltd. (SET:JSP) agreed to acquire 65% stake in CDIP (Thailand) Public Company Limited from group of sellers for THB 250 million on February 2, 2023. The transaction will be funded from working capital in the company and/or cash received from the IPO and/or loans from financial institutions. Transaction has received approval from acquirer shareholders and is subject to Due diligence investigation.

Transaction is expected to complete on June 30, 2023.