The SEC reveals that CHIC’s major shareholder sold 50 million shares at a time, receiving a lump sum of more than 39 million baht.

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2023-07-06 02:29:36

The Securities and Exchange Commission (SEC) reported that Ms. Sinina Patamasatayasonthi 50,000,000 shares of Chic Republic Public Company Limited or CHIC were sold, representing 3.6764% of the total voting rights of the business, at an average price of 0.78 baht, totaling approximately 39 million baht. 60,152,000 shares, representing 4.4229% of the total voting rights of the Business

As for the shareholder structure before doing the Wealthy Thai transaction, it was found that Ms. Sinina Patamasatayasonthi is CHIC’s fifth largest shareholder holding 110,152,000 shares, representing 8.10%. CHIC operates a furniture distribution center. Home furnishings, housewares, mattresses and bedding in one stop shopping (One Stop Shopping) in Stand Alone format under the names “CHIC Republic (CHIC)” and “Rina Hey”.

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