THG Raises Liquidity by Disposal of RJH Shares for THB210 Million

Thonburi Healthcare Public Company Limited (SET: THG) has announced that the Board of Directors of THG meeting No. 18/2024 held on 11 October 2024 has resolved to approve the Company to dispose of its investment in the ordinary shares of Rajthanee Hospital Public Company Limited (SET: RJH) which was held by the Company in the number of 10,000,000 shares with the par value of Baht 1 per share, representing 3.33% of total paid-up shares in RJH, at the selling price of Baht 21 per share, totaling of up to Baht 210,000,000 to Mr. Chaiyasith Viriyamettakul

The Transaction will be in accordance with the intent and agreement regarding the sale and purchase of RJH’s shares between the Company and Mr. Chaiyasith Viriyamettakul which will be mutually agreed by the parties. 

RJH’s major shareholders as of 23 August 2024 *

It is expected that, after the transaction, the list of major shareholders of RJH shall consist of:

** Information on RJH’s major shareholders is based on website of the Stock Exchange of Thailand
https://www.set.or.th/th/market/product/stock/quote/RJH/major-shareholder

The company aims to increase liquidity in the business through cash flow management for maximum efficiency, and use the disposal of assets as an opportunity to apply as working capital and/or repay due and payable loans.