ข่าวสารการลงทุน

To Inform the Progress of Business Restructuring of Ceramic Tiles and Sanitary Wares of the Group of Subsidiaries
30 มี.ค. 2566
หลักทรัพย์ SCC
แหล่งข่าว SCC
Tender Offer

Subject                                  : Tender offer
Listed company subject to tender offer   : SCG CERAMICS PUBLIC COMPANY LIMITED 
(COTTO)
Offeror                                  :
SCG Decor Company Limited
Offer price
Common shares (baht per share)           : 2.40
Net price
Common shares (baht per share)           : 0.00
Tender offer                             : For delisting
Tender Offer Agent                       : -
Remark                                   : Tender offer price
THB 2.40 which was derived from various methods determined by SCG Decor, e.g., 
market price, trading multiples, and discounted cash flow, and will be further
proposed to the shareholders' meeting of COTTO for consideration.


Consideration
Consideration comprises SCG Decor's newly issued ordinary shares where 
consideration will be made with no cash alternative.

Swap ratio
The swap ratio for the exchange of COTTO's shares to SCG Decor's Shares 
Consideration will be calculated from the COTTO tender offer price divided by
the final IPO shares price. In this regard, if there is any fraction of shares
from the allocation of the shares as consideration to the shareholders of COTTO
according to the final swap ratio, such fraction will be rounded down, and no
compensation will be made.

Offer period
The offer period is a period of not less than 25 business days and not more than
45 business days. In this regard, SCG Decor will further request for a waiver
for such offer period from the SET.
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