PJW cancels investment in “Ant Robotics” because of the existing shareholders of the company to invest. Not ready to expand business according to PJW guidelines
Panjawattana Plastic Company Limited (PJW) notified the resolution of the Board of Directors (Board) No. 6/22 on July 23, last year, did not approve the purchase of additional shares of Ant Robotics Company Limited. (ANT) As ANT’s existing shareholders are not ready to expand the business in the way PJW had intended. The board therefore did not approve the said transaction.
In this regard, PJW will join the capital in ANT by purchasing 55% of the registered capital of ANT, amounting to 2 million shares with a par value of 10 baht per share, with an investment value of 20 million baht, which will enter into an investment contract within July.
For ANT, it is engaged in the business of designing, manufacturing and distributing automatic machines. The work station is operated by an unmanned automated conveyor robot. and other auxiliary robots aimed at industrial customers. with expertise in engineering and consulting
related technical aspects
