MINT Acquires Verita Healthcare for THB7.2 Million, Expanding Into the Healthcare Industry

Minor International Pcl. (SET: MINT) announced on Friday new investments, including the formation of a fresh subsidiary, AVC Timeshare L.L.C., and the acquisition of Verita MHG Company Limited.

In July, the company established a new subsidiary, AVC Timeshare L.L.C, whereby MINT holds 100% of the total shares, with a registered capital of AED300,000, or approximately THB2.7 million.

The establishment’s purpose is to engage in timeshare operations.

In the meantime, M Spa International Limited, a wholly-owned subsidiary of MINT, has acquired Verita MHG Company Limited from Verita Healthcare Pte. Ltd. for a total of THB7.2 million.

The investment’s purpose is to own and operate a healthcare business.