Ananda Development Public Company Limited (SET:ANAN) agreed to acquire an additional 25% stake in Ananda MF Asia Thonglor Co., Ltd. from President D Venture Co., Ltd. for approximately THB 390 million on April 21, 2021. The consideration comprises of for approximately THB 390 million or THB 121 per share. Post-completion, Ananda Development will own 51% stake in Ananda MF Asia Thonglor. The transaction will be financed from working capital of Ananda Development. The transaction is approved by the board of Ananda Development and is expected to be completed within April 2021.

Ananda Development Public Company Limited (SET:ANAN) completed the acquisition of an additional 25% stake in Ananda MF Asia Thonglor Co., Ltd. from President D Venture Co., Ltd. in April, 2021