Sansiri Public Company Limited (SET: SIRI) has informed the Stock Exchange of Thailand that the company has entered into a disposal of the ordinary shares in Thirakhun Co., Ltd. to Four P Holdings Co., Ltd. on 26 March 2026, totaling 250,000 ordinary shares with the par value of THB 100 each or equivalent to 50% of paid-up capital of Thirakhun Co., Ltd. which is a subsidiary of the company that engaging in land owning and property development business at the total purchase price of THB 25,000,000.
The purpose of this transaction is to set Thirakhun Co., Ltd. to be a 50:50 joint venture company between the company and Four P Holdings Co., Ltd. for the development of residential project for sale under the resolution of the Board of Directors Meeting No. 9/2025 held on 16 December 2025. The Board of Directors has delegated the power to the President to consider and make a final decision on such matters.
Thirakhun was registered on 19 August 2025 with initial capital of THB 50,000,000 divided into 500,000 ordinary shares with a par value of THB 100. The company registered as a property development business.
