BTS SELLS MACO SHARES
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BTS Group Holdings Plc has sold 300 million MACO shares at an average price of Bt1.56 per share – amounting to 9 per cent of MACO’s total shares – to Templeton Asset Management and other long-term investors.
Kavin Kanjanapas, chief executive officer of BTS, said this big-lot transaction will enhance MACO’s long-term shareholding structure with sophisticated and renowned investors.
“Templeton is a well-known fund, so there’s no need for much explanation. This is good news supporting MACO’s bullish long-term outlook,” he said.
