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Tuesday, April 16, 2024

‘Bitkub’ is very restrained, insists that ‘SCBS’ failed the deal of 17.8 billion baht without affecting

‘Bitkub’ is very restrained, insists that ‘SCBS’ failed the deal of 17.8 billion baht without affecting

after Mr. Arthit Nanthawittaya, Chief Executive Officer and Chief Executive Officer Siam Commercial Bank Public Company Limited and Chief Executive Officer SCB X Public Company Limited Send a letter to the Stock Exchange of Thailand (SET) regarding the cancellation of transactions related to the investment in Bitkub Online Company Limited by purchasing 51% of the shares, estimated to be worth 17,850 million baht.

Related news : Deal crashes! ‘Siam Commercial’ pours ‘Bitkub’ to cancel the transaction of 17.8 billion baht.

latest Bitkub Online Co., Ltd. issued a letter explaining the case, stating that

According to the announcement of SCB Securities Company Limited or SCBS, according to the Board of Directors of SCB Securities, SCBS has entered into a share purchase agreement in Bitkub Online Company Limited from Bitkub Capital Group Holdings. limited in the proportion of 51% of the total number of shares

Over the past several months, Bitkub Online Co., Ltd. and SCB Securities (SCBS) have carried out a due diligence due diligence. and has disclosed information that demonstrates the Company’s ability to operate with potential and to show its operating results in a transparent and straightforward manner. as well as presenting strategic plans for operations and business development in the future

from business review The Buyer Company (SCBS) “no indication of any significant abnormality that cannot be resolved.” However, because Bitkub Online Company Limited still has outstanding issues with the office. The Securities and Exchange Commission of Thailand, which may result in a delay in the execution of such transactions, Bitkub Online Company Limited and the Buyer Company (SCBS) have agreed to cancel this share trading transaction. for the company to come to a conclusion on various issues in accordance with the recommendations and orders by the Securities and Exchange Commission.

The company would like to inform that the operations and business operations of the company are not affected in any way. The company continues to be a leader in the digital asset exchange market in Thailand with resources for continuing operations according to plans and strategies. and continues to move forward with its vision, mission, to create a quality digital asset trading ecosystem and operate business in accordance with good governance. To serve investors with transparency and create equal opportunities for people in society.

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