SPCG Public Company LimitedNew investor group buys 57.46% majority stake, triggering a tender offer at 9.11 baht per share, above the current price.
SPCG shares surged against the market to 11.20 baht, up 1.25 baht or 12.56%, after the board acknowledged a change in major shareholders. The buying group is led by Mr. Worasit Phokhaichaiyaphat, Chief Executive Officer of Munkong Housing Public Company Limited, or MK, together with JRT Green Energy Company Limited, Premia Global Limited, and Premia Global Thai Company Limited, which signed agreements to purchase 606,690,726 SPCG shares, representing 57.46%, from Ms. Wandee Khunchornyakong Juljarern and other shareholders. After the transaction, the buying group will hold shares as follows: JRT Green Energy Company Limited will hold 265,888,888 shares, or 25.18%; Premia Global Limited will hold 225,888,888 shares, or 21.40%; Mr. Worasit Phokhaichaiyaphat will hold 74,610,050 shares, or 7.07%; and Premia Global Thai Company Limited will hold 40,302,900 shares, or 3.82%. On the selling side, Ms. Wandee Khunchornyakong Juljarern holds 486,551,676 shares, or 46.08%, and Kyocera Corporation holds 63,500,000 shares, or 6.01%, and both will no longer hold shares after the transaction. Ms. Ratchaneewan Akarawikrai holds 65,659,600 shares, or 6.22%, and will be left with 29,073,000 shares, or 2.75%. A tender offer for all securities of the company will be made at 9.11 baht per share, and the buyers have no plan to delist the shares from the stock exchange. They also do not intend to significantly change the main business objectives within 12 months from the end of the tender offer period. In addition, the buyers will nominate six new directors and acknowledge the resignation of three existing directors, effective 20 August 2026, and will nominate Mr. Wutthichai Tankuranan as Senior Deputy Managing Director of Accounting and Finance, or CFO, effective 20 August 2026.
SPCG Public Company LimitedNew investor group buys 57.46% majority stake, triggering a tender offer at 9.11 baht per share, above the current price.
Kyocera sells its entire 6.01% stake in SPCG, exiting the investment.
JRT Green Energy acquires 25.18% of SPCG, becoming the largest shareholder in the buying group.
Premia Global Limited acquires 21.40% of SPCG as part of the buying group.
Premia Global Thai Limited acquires 3.82% of SPCG as part of the buying group.