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AIRA pursues Dhanamitr takeover bid

The investment firm AIRA Capital will make a tender offer to purchase Dhanamitr Factoring Plc in order to diversify and expand its revenue base before listing on the Stock Exchange of Thailand (SET) early next year. The company has already bought 11.47m shares or a 57.35% stake in Dhanamitr Factoring via a big lot from the Chirathivat family and Siam Com-mercial Bank (SCB) for 24 baht a share.It expects the tender offer will increase its stake to 65%. Bangkok Post


ThaiVest Editorial Team