Elephant Emperor Co.,Ltd., Southern Green Bay Co.,Ltd. and China Travel Service Head Office (Thailand) Co.,Ltd. agreed to acquire 99.99% stake in Gateway Service Co.,Ltd. from Samart Corporation Public Company Limited (SET:SAMART) for THB 12.5 million on April 26, 2019. Samart Corporation Public Company Limited will sell 5 million shares of Gateway Service Co.,Ltd. at THB 2.5 per share. Southern Green Bay Co.,Ltd. will acquire 2.5 million shares, China Travel Service Head Office (Thailand) Co.,Ltd. will acquire 1.5 million shares and Elephant Emperor Co.,Ltd. will acquire 1 million shares of Gateway Service Co.,Ltd. After the transaction, Gateway Service Co.,Ltd. will cease to be a subsidiary of Samart Corporation Public Company Limited. The Board of Directors of Samart Corporation Public Company Limited approved the transaction on April 26, 2019. Elephant Emperor Co.,Ltd., Southern Green Bay Co.,Ltd. and China Travel Service Head Office (Thailand) Co.,Ltd. cancelled the acquisition of 99.99% stake in Gateway Service Co.,Ltd. from Samart Corporation Public Company Limited (SET:SAMART) on April 26, 2020.