Extreme Sport Marketing Ventures (Thailand) Co., Ltd. completed the acquisition of Bira Circuit One Co., Ltd. and 49.31% stake in Bira Kart Co., Ltd. from Ananda Development Public Company Limited (SET:ANAN) for approximately THB 400 million on March 25, 2020. Under the terms, Extreme Sport Marketing Ventures (Thailand) Co., Ltd. agreed to acquire 0.5 million shares of Bira Circuit One Co., Ltd. and 0.36 million shares of Bira Kart Co., Ltd. The 50.69% equity interest of Bira Kart Co held by Bira Circuit One Co., Ltd. The 49.31% equity interest of Bira Kart Co held by Ananda Development Public Company. Extreme Sport Marketing Ventures (Thailand) Co., Ltd. completed the acquisition of Bira Circuit One Co., Ltd. and 49.31% stake in Bira Kart Co., Ltd. from Ananda Development Public Company Limited (SET:ANAN) on March 31, 2020. Extreme Sport Marketing Ventures (Thailand) at closing will hold 100% stake of Bira Circuit One Co., Ltd. and 49.31% stake of Bira Kart Co. Remaining share of Bira Kart Co are held by the direct subsidiary of Extreme Sport Marketing Ventures (Thailand).