2023-06-27 01:50:00
MINT invested 546 million baht to acquire 100% stake in “Singco Trading” from Singapore, the owner of the intellectual property of the Sizzler brand.
Mr. Anhul Chaohan, Director of Minor International Public Company Limited or MINT, disclosed through the Stock Exchange of Thailand (SET) that MFG International Holding (Singapore) Pte. To acquire 100% shares of Singco Trading Pte. Ltd. from CFG Finance Pty. Ltd. or divided into 978,917,378 shares.
Singco Trading Pte. Ltd.’s business type owns the intellectual property of the Sizzler restaurant brand, except in the United States, Guatemala and Puerto Rico.
After the acquisition of such shares, Singco Trading Pte. Ltd. is considered a subsidiary of MINT with a transaction value of S$ 21 million (equivalent to THB 546 million). is the cash flow within the company
investment objectives Owns the intellectual property of the Sizzler restaurant brand, except in the United States, Guatemala and Puerto Rico.
Benefits Rights to use intellectual property Opportunities and flexibility for future business expansion
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