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<a href="http://www.accessmylibrary.com/article-1G1-121684304/thai-developer-natural-park.html" title="Facts and information about Thai developer Natural Park agrees to make tender offer to up stake in rival.">Thai developer Natural Park agrees to make tender offer to up stake in rival.</a>
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Thai developer Natural Park agrees to make tender offer to up stake in rival.
Sep. 7--The SET-listed developer Natural Park Plc said its board agreed yesterday to make a tender offer for more stakes in Pacific Assets Plc, with payment to be made by cash or through a share swap.
Minority shareholders of PA may sell their holdings to N-Park for cash at 5.86 baht a share or by swapping each share for four shares of N-Park, the company said in a filing to the Stock Exchange of Thailand. Any shareholder of PA wishing to receive a cash payment would be responsible for a fee on the sale at a rate of 0.25 percent and value-added tax of 7 percent.
Last month N-Park, which currently holds a 63.4 percent stake in PA, announced that it would ...
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