Master Style’s Major Shareholder Sells 3.7% Stake to Foreign Institution for THB420 Million

Master Style Public Company Limited (SET: MASTER) has informed the Stock Exchange of Thailand that Mr. Raweewat Maschamadol, the major shareholder of MASTER notified the company regarding his selling shares through Big Lot transaction total of 11,366,900 or equivalent to 3.78% of total shares at a price of 37.00 per share to foreign institution investors on January 16, 2025. The total value for this transaction is 420,575,300 baht.

In addition, Mr. Raweewat Maschamadol has confirmed that he did not have any transactions involving marginal account, share pledging, and/or forced sale of any of his shares. Furthermore, Mr. Raweewat Maschamadol will report this share selling transaction on the report of changes in securities holding (form 59-2) accordingly.

The details of changing of shareholding structure of the Company:

Furthermore, the major shareholder’s list of the Company has not changed significantly as stated above. There is no change of our Board of Directors and the management; and our business and direction have remained the same.