Ichitan Group Public Company Limited (SET: ICHI) announced the resolutions of the Board of Directors’ Meeting held on January 11, 2022. The meeting resolved to grant approval to an acquisition of 6,667 newly issued ordinary shares of Predictive Co., Ltd. (PDT) or representing 25 percent of all shares in PDT with a par value at THB100 per share, at the purchase price of THB18,389, totaling THB122,600,000.
PDT conducts business in the areas of data analysis, consulting, planning, and other services with the objective of marketing the client’s business, which includes data collection and transfer according to the client’s wishes.
In addition, it was resolved to grant approval to joint investment with PDT in respect to the incorporation of a new joint venture company for joint investment in the business relating to data analysis, consultancy, planning and other services, in which the company will hold shares in Joint Venture Company, representing 50 percent of all shares in Joint Venture Company at the total investment value of not exceeding THB 5,000,000.