T.H.S Rubber Industry Co., Ltd., Jitsiri Thanaphat, Sumate Thitipuree and Thachakorn Youngsookcheep entered into share purchase agreement to acquire 24.99% stake in Dimet (Siam) Public Company Limited (SET:DIMET) from Ua Withya Public Company Limited (SET:UWC) for THB 96.9 million on June 28, 2021. Under the terms of transaction, Ua Withya Public Company will sell 403.764 million shares representing 24.99% of the total issued and paid-up capital at the purchase price of THB 0.24 per share. As per terms of transaction, T.H.S Rubber Industry Co., Ltd., Jitsiri Thanaphat, Sumate Thitipuree and Thachakorn Youngsookcheep will acquire 17.34% stake, 2.19% stake, 2.89% stake and 2.58% stake respectively in Dimet (Siam) Public Company Limited.

Ua Withya Public Company will use the proceed from sale to enhance the financial liquidity and to expand the business that can generate potential profits in the future.