Bangkok Dusit Medical Services Public Company Limited (SET: BDMS) stated that the Board of Directors Meeting on June 29, 2022, resolved the resolution to approve the company to make a tender offer for delisting Samitivej Public Company Limited (SET: SVH) securities from the Stock Exchange of Thailand.
BDMS is currently holding 95.76% of the total issued shares of SVH and the company will tender for the remaining securities of 4,235,967 shares, representing 4.24% of the total issued shares of SVH at the offering price of THB480 per share. The total tender price will be around THB 2,033,264,160.
The share price of SVH closed at THB420 per share on Tuesday. The last time that SVH’s share price reached THB480 was in December 2018.