NEP Realty and Industry Public Company Limited (SET:NEP) agreed to acquire VAVA Z business from VAVA Z Company Limited for THB 8.4 million on June 20, 2024. A cash consideration of THB 8.43 million will be paid by NEP Realty and Industry Public Company Limited.

For the period ending December 31, 2023, VAVA Z business reported total revenue of THB 11.03 million.

The expected completion of the transaction is December 31, 2024.