Univentures Public Company Limited (SET: UV) announced on Monday that the company approved that Univentures Capital Company Limited (UVCAP), a subsidiary of the company acquired additional ordinary shares of Stonehenge Inter Public Company (SET: STI) amounting to 72,360,000 shares, representing 12.00% of STI’s total paid-up shares, at a price of 5.60 baht per share, totaling 405.22 million baht.
UVCAP completed an additional investment in ordinary shares of STI on 20 January 2023.
After the transaction, UVCAP will hold 229,860,000 ordinary shares of STI, representing 38.12% of STI’s total paid-up shares, resulting in the company having control over STI and causing STI to change its status from an associated company to a subsidiary of the company.
