VGI Public Company Limited (SET: VGI) drew significant investor attention on Friday morning as the Thai Stock Exchange reported a series of sizable off-market transactions that collectively reshaped trading sentiment around the media-advertising operator.
Three big-lot transactions, executed on the foreign trading board during the morning session on December 12, 2025, amounted to a combined 2,006,834,200 shares. The blocks changed hands at an average price of THB 1.00 per share, bringing the total transaction value to approximately THB 2,006 million.
The scale of the trades stands out against VGI’s overall market capitalization and daily turnover, signalling strategic positioning among major stakeholders or institutional players. While the exchange did not disclose the identities behind the transactions, the list of top shareholders with holdings exceeding 2 billion shares offers a frame of reference.
From the current shareholding structure, VGI remains firmly controlled by its major shareholder, BTS Group Holdings, which holds 6.7 billion shares, or 33.51% of total outstanding shares. This dominant stake gives BTS considerable influence over strategic direction, board composition, and operational policy. The next largest shareholders—CAI Optimum Fund VCC (14.5%), Si Suk Alley Limited (12.9%), and Opus – Chartered Issuances S.A. (11%)—hold significant positions but do not individually surpass BTS’s controlling weight.
The 2.0 billion-share big-lot trade executed on December 12, 2025, is substantial in terms of trading volume, but not large enough to alter control dynamics, unless the shares moved between major shareholders in ways not yet disclosed. Even then, BTS would still retain its one-third stake, enough to maintain strategic influence.
Big-lot transactions often reflect portfolio adjustments, internal restructuring among institutional investors, or cross-shareholder transfers. These activities typically have no immediate impact on day-to-day operations.
Market reaction was swift, with VGI’s share price rising 8% in the morning session to settle at THB 1.08 per share. The uptick suggests that traders interpreted the sizeable blocks as a signal of renewed interest or possible restructuring of positions among major investors, even as the big-lot pricing at THB 1.00 remained slightly below the market level.
Although the motives behind the trades remain undisclosed, the transaction size and foreign-board execution have added fresh momentum to VGI’s trading narrative, placing the stock back on investors’ radar as the year approaches its close.
About VGI
VGI Public Company Limited is a Thailand-based integrated media and advertising solutions provider specializing in out-of-home (OOH) platforms. Its portfolio spans transit media, digital screens, retail advertising, and data-driven marketing solutions. Leveraging an Offline-to-Online (O2O) strategy, VGI connects physical media touchpoints with digital engagement channels, enabling brands to reach urban consumers seamlessly across multiple platforms through the broader BTS ecosystem and partner networks.
