Corporate December 29, 2017 01:00

By The Nation

2,220 Viewed

Tassapon Bijieveld, chief executive officer of Asia Aviation Plc (AAV), will make a mandatory tender offer of shares in AAV at Bt4.70 per share on January 8, The transaction is Bt13 billion. 

The move comes after he announced to the Stock Exchange of Thailand that he bought a 36.3 per cent stake in the company at Bt4.70 per share from the Srivaddhanaprabha family on Wednesday.

Yesterday, AAV’s share price closed at Bt6.10, down 0.81 per cent.