CNT welcomes new investors
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Christiani & Nielsen (Thai) Ltd's major shareholder, CPB Equity Co Ltd, has unloaded its 51.98 per cent stake to Globex Corporation and Victor Investment Holdings Pte Ltd.
The 260.67 million shares were sold at Bt4 apiece, or a total of Bt1 billion, according to a filing to the Stock Exchange of Thailand. The buyers will tender for the remaining shares during Nov 23 and Dec 29.
In the statement, CNT is undergoing a change in the board of directors. Wanaree Chintakanant, Staporn Phettongkam and Vinai have tendered resignation, with immediate effect. Replacing them are Kirit Shah, Khushroo Kali Wadia, and Anumolu Ramakrishna.
As of 4pm, CNT share price rose 0.04 per cent or 1.03 per cent to Bt3.94.
