S&P Syndicate Public Company Limited acquired an additional 40% stake in Umenohana S&P Co.,Ltd from UMENOHANA Co., Ltd. for THB 2 million.
April 02, 2023
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S&P Syndicate Public Company Limited (SET:SNP) agreed to acquire an additional 40% stake in Umenohana S&P Co.,Ltd from UMENOHANA Co., Ltd. (TSE:7604) for THB 2 million on February 23, 2023. Board of Directors of S&P Syndicate resolved to approve the acquisition. S&P Syndicate will fund the transaction from working capital. Following the transaction, S&P Syndicate holds 249,997 equal to 99.9988%, Kessuda Raiva holds 1 share equal to 0.0004%, Vitoon Sila-On holds 1 share equal to 0.0004%, and Thirakorn Raiva holds 1 share equal to 0.0004%.
S&P Syndicate Public Company Limited (SET:SNP) completed the acquisition of an additional 40% stake in Umenohana S&P Co.,Ltd from UMENOHANA Co., Ltd. (TSE:7604) on April 1, 2023.
S&P Syndicate Public Company Limited is a Thailand-based company, which is engaged in the operations of a nationwide and international chain of restaurants and bakery shops, the production of bakery, frozen foods and other food products and food service-related businesses, such as outside catering. The Companyâs businesses include Restaurant and Bakery Businesses, Retail & Food Service Business, and Other Affiliated Brands and Services. Restaurant and Bakery Businesses include S&P Restaurant and Bakery, S&P Bakery Shop and Bakery Mart, S&P Delivery & Take-Away (DelTA), and S&P Catering. Retail & Food Service Business include retail business, food service business and export business. S&P Restaurant and Bakery offers a full range of Thai and international dishes, fresh bakery and cakes, coffee and fresh juices, as well as desserts and various other packaged products. S&P Bakery Shop offers fresh bakery, cakes, cookies, sandwiches and daily freshly made products.