AIS Digital Life Co.,Ltd. entered into an agreement to acquire a 20.71% stake in Choco Card Enterprise Co., Ltd. from Intouch Holdings Public Company Limited (SET:INTUCH) on July 1, 2022. In related transactions, AIS Digital Life entered into agreements to acquire a 25% stake in Datafarm Co., Ltd. and 16.67% stake in Swift Dynamics Co., Ltd. from Intouch for a combined value of approximately THB 240 million. The deal has been financed through cash flow from operation. In the year ending on October 31, 2021, Choco Card Enterprise generated revenues of approximately THB 140 million, net loss of THB 22.1 million, had total assets of approximately THB 120 million, total liabilities of THB 48.9 million and shareholder's equity of THB 72.2. The deal has been approved by Board of Directors of Intouch.

AIS Digital Life Co.,Ltd. completed the acquisition of a 20.71% stake in Choco Card Enterprise Co., Ltd. from Intouch Holdings Public Company Limited (SET:INTUCH) on December 31, 2022.