The Pathumthani Concrete Company Limited agreed to acquire an additional 49% stake in Siam CSC Engineering Co. Ltd. from CSC Holdings Limited (SGX:C06) for THB 34.6 million on December 30, 2016. The Pathumthani and its associates currently own the remaining 51% stake in Siam CSC Engineering. The Pathumthani will acquire 0.19 million shares and pay THB 13.8 million upon signing agreement, THB 10.4 million within 6 months from signing agreement and THB 10.4 million within 12 months from signing agreement. Siam CSC Engineering reported unaudited net assets of THB 70 million as at November 30, 2016. The sale is expected to be completed by first quarter of 2017. The sale will not have a material impact on the Group’s earnings per share or net tangible assets per share of the Group for the financial year ending March 31, 2017. The Pathumthani Concrete Company Limited completed the acquisition of 49% stake in Siam CSC Engineering Co. Ltd. from CSC Holdings Limited (SGX:C06) on January 20, 2017.