Asset Agent & Real Estate Company Limited signed an Information Memorandum to acquire 99.99% stake in Comanche Gogoji Company Limited from Comanche International Public Company Limited (SET:COMAN) for approximately THB 12 million on March 11, 2022. The Company expects to enter into ordinary shares purchase and sales agreement and complete the transaction within Quarter 2/2022. Company to utilize proceeds in better achieving more efficient business development, increasing its potential of higher operating profit in the future, and/or to utilize proceeds as liquidity reserve in investing in other companies, in accordance with the Company's investment policy, which would support the Company's core business or businesses which the Company holds expertise, and those which would generate continuous profits and good investment returns for shareholders in the longterm going forward. The transaction has been approved by Board of Directors of Comanche International.

Asset Agent & Real Estate Company Limited completed the acquisition of 99.99% stake in Comanche Gogoji Company Limited from Comanche International Public Company Limited (SET:COMAN) on June 30, 2022.