Ekachai Medical Care Public Company Limited (SET:EKH) agreed to acquire 10% stake in The Klinique Medical Clinic Public Company Limited from TKQH Capital Management Company Limited for approximately THB 170 million on October 28, 2021. As per terms of transaction, Ekachai Medical Care Public Company Limited will acquire 16 million shares. Consideration will be paid in 2 installments. 1st installment equal to 10% of the total investment value, or equal to THB 16.5 million which will be paid after the board of director has approved the investment and 2nd installment The remaining 90% of the total investment value or equal to THB 148.5 million within November 30, 2021. The Ekachai Medical Care Public Company Limited will enter into a share purchase agreement related to The Klinique Medical Clinic Public Company Limited after being approved by the Board of Directors' meeting. Source of fund The Ekachai Medical Care Public Company Limited uses the working capital. Post completion, TKQH Capital Management Company Limited will hold 14.82% stake and Ekachai Medical Care Public Company Limited will hold 10% stake. Rattapol Kittichaitrakul will not be the Director of Klinique Medical Clinic Public Company Limited and Suthipong Tangsajjapoj, Representative of Ekachai Medical Care Public Company Limited will be appointed as Director of The Klinique Medical Clinic Public Company Limited.