TCC Assets Company Limited agreed to acquire additional 51% stake in T.C.C. Technology Company Limited from Berli Jucker Public Company Limited (SET:BJC) for approximately THB 610 million on December 18, 2017. As per terms, 21.93 million shares will be acquired. Post completion, TCC Assets Company Limited will own 99.99% stake in T.C.C. Technology Company Limited. T.C.C. Technology Company Limited reported revenue of INR 879 million, net profit of INR 51.3 million, shareholders equity of INR 626 million for the year ended December 31, 2016. The Board of Directors of Berli Jucker Public Company Limited approved the deal on December 18, 2017. The deal is expected to close in January 2018. TCC Assets Company Limited completed the acquisition of remaining 51% stake in T.C.C. Technology Company Limited from Berli Jucker Public Company Limited (SET:BJC) on January 4, 2018.