ThaiBev acquires 98.5% shares in Oishi

Oishi will be delisted from the Stock Exchange of Thailand.

ThaiBev said that it acquired an additional 70,662,764 shares in Oishi, which represent 18.84% of the issued shares of Oishi through a tender offer to delist the company on the Stock Exchange of Thailand.

In a disclosure, ThaiBev said this brings its holding shares in Oishi to 369,383,162 or 98.5% of the issued and paid-up shares of Oishi.

The Tender Offer in line with the delisting of Oishi Group in Thailand closed on 21 August.

“In view of the foregoing, the Oishi Delisting will occur subsequently in due course,” it said.

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