Dr Satit Viddayakorn, managing director and chairman of the executive committee of publicly-held Principal Capital Plc, admitted on Wednesday he personally entered into a deal to acquire 90.56 million shares of Bumrungrad Hospital (BH) at 103 baht apiece, worth a combined 9.32 billion baht, from Bangkok Dusit Medical Services (BDMS).
He said he is also interested in acquiring the remaining 11.34% of BH stake held by BDMS, a company that like Principal Capital Plc is listed on the Stock Exchange of Thailand (SET).
“The acquisition is a friendly deal and for the purpose of real investment,” he said. “And we are confident in BH’s growth potential.”
BDMS, Thailand’s largest…
