Ramkhamhaeng Hospital Public Company LimitedRAM acquires stakes in three hospitals, expanding network and consolidating financials.

Ramkhamhaeng Hospital Public Company Limited, or RAM, has approved the purchase of common shares in three private hospitals from F and S 79 Company Limited, a major shareholder of RAM, for a total of 593,276,360 baht. The main deal is the acquisition of 2,034,600 shares in Khon Kaen Ram Hospital Company Limited, representing a 25.43 percent stake, valued at 557.48 million baht. This will increase the combined shareholding of RAM and its subsidiaries to 49.34 percent, turning it into a subsidiary whose financial statements can be consolidated. In addition, RAM is buying a 1.55 percent stake in Nan Ram Hospital Company Limited for 11.79 million baht, and an 11.96 percent stake in Mahasarakham Ram Hospital Company Limited for 24 million baht. Both of these projects are currently on hold during construction. The acquisition aims to reduce conflicts of interest and expand the network of tertiary hospitals in the northeastern region, using loans from domestic financial institutions and the company's cash flow.
Ramkhamhaeng Hospital Public Company LimitedRAM acquires stakes in three hospitals, expanding network and consolidating financials.
RAM acquires 25.43% stake, making it a subsidiary; consolidation expected.
F&S79 sells stakes to RAM, reducing conflict of interest and receiving payment.
RAM buys 1.55% stake; project on hold, impact unclear.
RAM buys 11.96% stake; project on hold, impact unclear.