By The Nation
Central Pattana Plc holds a 100-per-cent stake in CPN Pattaya Co Ltd.
The SET report said the company’s board of directors had approved the acquisition of Gland by CPN Pattaya.
The investors selling Gland shares are Charoenkrit Enterprise Co Ltd, Belle Park Residence Co Ltd, Jatersiri Boondicharern, Romani Boondicharern and Jatemongkol Boondicharern.
CPN has not yet reached a conclusion on delisting Gland from SET listing.