Golden Lime Public Company Limited (SET:SUTHA) won a bid to acquire Thai Marble Corporation Limited from CPB Equity Company Ltd. and Ministry of Finance, Thailand for approximately THB 610 million on April 29, 2020. Under the terms of transaction, Golden Lime Public Company will acquire 1.65 million shares from the Ministry of Finance and 1.65 million shares from CPB Equity Co., Ltd. through a bidding process at the purchase price of approximately Baht 183.05 per share. Golden Lime Public Company financed the acquisition by fund obtained from financial institution in the amount of THB 600 million and remaining amount of THB 5 million is allocated from buyer working capital. As of December 31, 2019, Thai Marble Corporation Limited reported total assets of THB 424.359 million, shareholders' equity of THB 370.212 million, total revenue of THB 309.775 million and net profit of THB 66.276 million. Golden Lime Public Company Limited (SET:SUTHA) completed the acquisition of Thai Marble Corporation Limited from CPB Equity Company Ltd. and Ministry of Finance, Thailand on May 13, 2020. Before transction there were seven directors, but after acquisition there are five directors Geza Emil Perlaki, Krishnan Subramanian Aylur, Preecha Ruangmas, Mungkorn Kajorndecha and Thidarat Sihawanlop. Avantgarde Capital Company Limited acted as financials advisor to Golden Lime Public Company Limited in the deal.