Reported Earnings • May 17
First quarter 2026 earnings released: EPS: ฿0.044 (vs ฿0.076 in 1Q 2025) First quarter 2026 results: EPS: ฿0.044 (down from ฿0.076 in 1Q 2025). Revenue: ฿2.09b (up 7.3% from 1Q 2025). Net income: ฿30.9m (down 42% from 1Q 2025). Profit margin: 1.5% (down from 2.7% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Board Change • Mar 04
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Passorn Wiangket was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공시 • Feb 19
Asian Insulators Public Company Limited, Annual General Meeting, Apr 08, 2026 Asian Insulators Public Company Limited, Annual General Meeting, Apr 08, 2026, at 13:30 SE Asia Standard Time. Location: hybrid meeting, 254 seri thai road, khannayao subdistrict, khannayao district, bangkok 10230., bangkok Thailand 공시 • Jan 23
Asian Insulators Public Company Limited Announces Resignation of Pimwan Thareratanavibool as Director, Effective January 22, 2026 Asian Insulators Public Company Limited announced that Miss Pimwan Thareratanavibool, a Director, has resigned from the Company's Board of Directors, effective from January 22, 2026. Upcoming Dividend • Nov 18
Upcoming dividend of ฿0.10 per share Eligible shareholders must have bought the stock before 25 November 2025. Payment date: 11 December 2025. The company is paying out more than 100% of its profits and is paying out 92% of its cash flow. Trailing yield: 12%. Within top quartile of Thai dividend payers (8.1%). Higher than average of industry peers (7.1%). New Risk • Nov 14
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.3% Last year net profit margin: 3.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 27% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (93% cash payout ratio). Profit margins are more than 30% lower than last year (2.3% net profit margin). Market cap is less than US$100m (฿2.18b market cap, or US$67.5m). Reported Earnings • Nov 14
Third quarter 2025 earnings released: EPS: ฿0.053 (vs ฿0.16 in 3Q 2024) Third quarter 2025 results: EPS: ฿0.053 (down from ฿0.16 in 3Q 2024). Revenue: ฿1.85b (down 24% from 3Q 2024). Net income: ฿37.2m (down 67% from 3Q 2024). Profit margin: 2.0% (down from 4.6% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 09
Second quarter 2025 earnings released: ฿0.024 loss per share (vs ฿0.15 profit in 2Q 2024) Second quarter 2025 results: ฿0.024 loss per share (down from ฿0.15 profit in 2Q 2024). Revenue: ฿2.26b (down 6.5% from 2Q 2024). Net loss: ฿16.5m (down 116% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • May 14
First quarter 2025 earnings released: EPS: ฿0.076 (vs ฿0.065 in 1Q 2024) First quarter 2025 results: EPS: ฿0.076 (up from ฿0.065 in 1Q 2024). Revenue: ฿1.95b (up 15% from 1Q 2024). Net income: ฿53.3m (up 17% from 1Q 2024). Profit margin: 2.7% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. New Risk • Feb 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Thai stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (฿2.73b market cap, or US$81.1m). Declared Dividend • Feb 20
Final dividend increased to ฿0.19 Dividend of ฿0.19 is 90% higher than last year. Ex-date: 6th March 2025 Payment date: 25th April 2025 Dividend yield will be 8.7%, which is higher than the industry average of 5.3%. Sustainability & Growth Dividend is covered by both earnings (62% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 5.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 19
Full year 2024 earnings released: EPS: ฿0.55 (vs ฿0.17 in FY 2023) Full year 2024 results: EPS: ฿0.55 (up from ฿0.17 in FY 2023). Revenue: ฿9.15b (up 4.6% from FY 2023). Net income: ฿385.2m (up 222% from FY 2023). Profit margin: 4.2% (up from 1.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 18% per year. Declared Dividend • Aug 11
First half dividend of ฿0.15 announced Shareholders will receive a dividend of ฿0.15. Ex-date: 22nd August 2024 Payment date: 6th September 2024 Dividend yield will be 7.4%, which is higher than the industry average of 5.3%. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (66% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Reported Earnings • Aug 10
Second quarter 2024 earnings released: EPS: ฿0.15 (vs ฿0.054 in 2Q 2023) Second quarter 2024 results: EPS: ฿0.15 (up from ฿0.054 in 2Q 2023). Revenue: ฿2.41b (up 3.1% from 2Q 2023). Net income: ฿102.4m (up 169% from 2Q 2023). Profit margin: 4.2% (up from 1.6% in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. 공시 • Aug 10
Asian Insulators Public Company Limited Announces Interim Cash Dividend for Operating Period from January 1, 2024 to June 30, 2024, Payable on September 6, 2024 Asian Insulators Public Company Limited announced interim cash dividend payment of THB 0.10 per common share for operating period from January 1, 2024 to June 30, 2024. Record date for the right to receive dividends: August 23, 2024. Ex-dividend date: August 22, 2023. Payment date: September 6, 2024. Reported Earnings • May 15
First quarter 2024 earnings released: EPS: ฿0.065 (vs ฿0.039 in 1Q 2023) First quarter 2024 results: EPS: ฿0.065 (up from ฿0.039 in 1Q 2023). Revenue: ฿1.70b (down 22% from 1Q 2023). Net income: ฿45.4m (up 67% from 1Q 2023). Profit margin: 2.7% (up from 1.2% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 43 percentage points per year, which is a significant difference in performance. 공시 • Apr 05
Asian Insulators Public Company Limited Approves Final Dividend for 2023, Payable on May 3, 2024 Asian Insulators Public Company Limited at its Annual General Meeting of Shareholders held on April 4, 2024 approved annual dividend payment for 2023 at the rate of THB 0.20 per share, totaling approximately THB 140 million, representing a dividend payment rate of THB 87.68% of retained earnings for 2023 according to the separate financial statements. The company will pay the final dividend. At the rate of THB 0.10 per share, totaling THB 70 million on May 3, 2024. Amount of 699,999,021 shares, paid from the unallocated retained earnings. Upcoming Dividend • Feb 29
Upcoming dividend of ฿0.10 per share Eligible shareholders must have bought the stock before 07 March 2024. Payment date: 03 May 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.5%. Lower than top quartile of Thai dividend payers (6.3%). Lower than average of industry peers (6.0%). Declared Dividend • Feb 22
Final dividend of ฿0.10 announced Shareholders will receive a dividend of ฿0.10. Ex-date: 7th March 2024 Payment date: 3rd May 2024 Dividend yield will be 4.5%, which is lower than the industry average of 5.3%. Sustainability & Growth Dividend is not covered by earnings (117% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 30% to bring the payout ratio under control. However, EPS has declined by 18% over the last 5 years so the company would need to reverse this trend. Reported Earnings • Feb 21
Full year 2023 earnings released: EPS: ฿0.17 (vs ฿0.18 in FY 2022) Full year 2023 results: EPS: ฿0.17 (down from ฿0.18 in FY 2022). Revenue: ฿8.75b (flat on FY 2022). Net income: ฿119.5m (down 6.1% from FY 2022). Profit margin: 1.4% (in line with FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 15
Third quarter 2023 earnings released: EPS: ฿0.019 (vs ฿0.079 loss in 3Q 2022) Third quarter 2023 results: EPS: ฿0.019 (up from ฿0.079 loss in 3Q 2022). Revenue: ฿1.91b (up 22% from 3Q 2022). Net income: ฿13.2m (up ฿68.3m from 3Q 2022). Profit margin: 0.7% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance. 공시 • Oct 12
Asian Insulators Public Company Limited Announces Executive Changes Asian Insulators Public Company Limited (Al) would like to informed that at the Board of Directors' meeting on October 11, 2023, the following resolutions were passed: Acknowledged the resignation of Police General Wichian Pojphosri from the position of independent director and chairman of the Audit Committee Effective from 11 October 2023 onwards. Approve the appointment of new directors to replace the directors who resigned. and appointed the chairman of the audit committee as follows: Appointment of Mr. Passorn Wiangket to the position of independent director and audit committee Effective from 1 November 2023 onwards, replacing Police General Wichian Pojphosri, who resigned as an independent director and audit committee member of the company. His term is equal to the remaining term of the resigning director, which is 2 years. 6 months. Appoint Mr. Boonlert Khocharoenphon as Chairman of the Audit Committee. Effective from 11 October 2023 onwards. By appointment of term to be effective on 1 November 2023. The Company's Audit Committee consists of: Audit Committee, Mr. Boonlert Khocharoenphon, remaining term of office is 6 months. Audit Committee Member: Dr. Weerapat Phetchakup, remaining term of office: 1 year 6 months. Member of the Audit Committee, Mr. Passorn Wiangket, remaining term of office: 2 years 6 months. Secretary of the Audit Committee, Mrs. Mattika Chansuwan. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ฿5.80, the stock trades at a trailing P/E ratio of 69.7x. Average trailing P/E is 10x in the Oil and Gas industry in Thailand. Total returns to shareholders of 6.4% over the past three years. Upcoming Dividend • Aug 17
Upcoming dividend of ฿0.10 per share at 4.1% yield Eligible shareholders must have bought the stock before 24 August 2023. Payment date: 08 September 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 4.1%. Lower than top quartile of Thai dividend payers (6.4%). Lower than average of industry peers (6.2%). Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: ฿0.054 (vs ฿0.087 in 2Q 2022) Second quarter 2023 results: EPS: ฿0.054 (down from ฿0.087 in 2Q 2022). Revenue: ฿2.34b (up 1.9% from 2Q 2022). Net income: ฿38.1m (down 38% from 2Q 2022). Profit margin: 1.6% (down from 2.6% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. 공시 • Aug 12
Asian Insulators Public Company Limited Announces Cash Dividend Payment for Operating Period from 1St January 2023 to 30Th June 2023, Payment Date 08-Sep-2023 Asian Insulators Public Company Limited announced Cash dividend payment of THB 0.10. Par value of THB 1.00, for Operating period from 1st January 2023 to 30th June 2023. Record date for the right to receive dividends 25-Aug-2023, Ex-dividend date 24-Aug-2023 and Payment date 08-Sep-2023. New Risk • Jun 27
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ฿3.49b (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 496% Dividend per share is over 25x cash flows per share. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin). Market cap is less than US$100m (฿3.49b market cap, or US$98.9m). Reported Earnings • May 18
First quarter 2023 earnings released: EPS: ฿0.039 (vs ฿0.13 in 1Q 2022) First quarter 2023 results: EPS: ฿0.039 (down from ฿0.13 in 1Q 2022). Revenue: ฿2.18b (down 18% from 1Q 2022). Net income: ฿27.2m (down 70% from 1Q 2022). Profit margin: 1.2% (down from 3.4% in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Board Change • May 03
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Boonlert Khawcharoenporn was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 06
Upcoming dividend of ฿0.20 per share at 7.3% yield Eligible shareholders must have bought the stock before 13 March 2023. Payment date: 03 May 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.3%. Within top quartile of Thai dividend payers (5.7%). In line with average of industry peers (6.8%). Reported Earnings • Feb 22
Full year 2022 earnings released: EPS: ฿0.18 (vs ฿0.63 in FY 2021) Full year 2022 results: EPS: ฿0.18 (down from ฿0.63 in FY 2021). Revenue: ฿8.72b (up 20% from FY 2021). Net income: ฿127.3m (down 71% from FY 2021). Profit margin: 1.5% (down from 6.1% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. Reported Earnings • Nov 18
Third quarter 2022 earnings released: ฿0.079 loss per share (vs ฿0.16 profit in 3Q 2021) Third quarter 2022 results: ฿0.079 loss per share (down from ฿0.16 profit in 3Q 2021). Revenue: ฿1.56b (down 13% from 3Q 2021). Net loss: ฿55.1m (down 148% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Independent Director Veeraphat Phetcharakupt was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Buying Opportunity • Sep 30
Now 20% undervalued Over the last 90 days, the stock is up 4.9%. The fair value is estimated to be ฿8.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 15%. Buying Opportunity • Aug 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 5.3%. The fair value is estimated to be ฿7.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Earnings per share has grown by 15%. Upcoming Dividend • Aug 17
Upcoming dividend of ฿0.25 per share Eligible shareholders must have bought the stock before 24 August 2022. Payment date: 09 September 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 10%. Within top quartile of Thai dividend payers (5.4%). Higher than average of industry peers (5.0%). Reported Earnings • Aug 14
Second quarter 2022 earnings released: EPS: ฿0.062 (vs ฿0.083 in 2Q 2021) Second quarter 2022 results: EPS: ฿0.062 (down from ฿0.083 in 2Q 2021). Revenue: ฿2.30b (up 52% from 2Q 2021). Net income: ฿43.3m (down 25% from 2Q 2021). Profit margin: 1.9% (down from 3.8% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. 공시 • Aug 11
Asian Insulators Public Company Limited Announces Interim Cash Dividend for the Operating Period from January 1, 2022 to June 30, 2022, Payable on September 9, 2022 The board of directors Asian Insulators Public Company Limited announced interim cash dividend payment of THB 0.25 per share for the operating period from January 1, 2022 to June 30, 2022. Par value: THB 1.00. The dividend is payable on September 9, 2022 with record date of August 25, 2022 and ex-dividend date of August 24, 2022. Reported Earnings • May 14
First quarter 2022 earnings released: EPS: ฿0.13 (vs ฿0.17 in 1Q 2021) First quarter 2022 results: EPS: ฿0.13 (down from ฿0.17 in 1Q 2021). Revenue: ฿2.65b (up 61% from 1Q 2021). Net income: ฿91.1m (down 25% from 1Q 2021). Profit margin: 3.4% (down from 7.3% in 1Q 2021). The decrease in margin was driven by higher expenses. Buying Opportunity • May 03
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 4.3%. The fair value is estimated to be ฿8.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 30%. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 3 independent directors (4 non-independent directors). Independent Director Veeraphat Phetcharakupt was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Buying Opportunity • Apr 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 1.4%. The fair value is estimated to be ฿8.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Earnings per share has grown by 30%. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ฿6.45, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 11x in the Oil and Gas industry in Thailand. Total loss to shareholders of 18% over the past year. Buying Opportunity • Mar 07
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 1.5%. The fair value is estimated to be ฿8.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% per annum over the last 3 years. Earnings per share has grown by 30% per annum over the last 3 years. Upcoming Dividend • Feb 25
Upcoming dividend of ฿0.42 per share Eligible shareholders must have bought the stock before 04 March 2022. Payment date: 29 April 2022. The company is paying out more than 100% of its profits and is paying out 94% of its cash flow. Trailing yield: 11%. Within top quartile of Thai dividend payers (5.2%). Higher than average of industry peers (4.8%). Reported Earnings • Feb 20
Full year 2021 earnings: EPS misses analyst expectations Full year 2021 results: EPS: ฿0.63 (down from ฿1.07 in FY 2020). Revenue: ฿7.25b (up 8.9% from FY 2020). Net income: ฿444.1m (down 41% from FY 2020). Profit margin: 6.1% (down from 11% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 75%. Buying Opportunity • Jan 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be ฿8.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% per annum over the last 3 years. Earnings per share has grown by 34% per annum over the last 3 years. Upcoming Dividend • Aug 19
Upcoming dividend of ฿0.07 per share Eligible shareholders must have bought the stock before 26 August 2021. Payment date: 07 September 2021. Trailing yield: 7.0%. Within top quartile of Thai dividend payers (5.0%). Higher than average of industry peers (3.1%). Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS ฿0.021 (vs ฿0.055 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ฿1.51b (up 12% from 2Q 2020). Net income: ฿57.8m (down 63% from 2Q 2020). Profit margin: 3.8% (down from 12% in 2Q 2020). The decrease in margin was driven by higher expenses. 공시 • Feb 19
Asian Insulators Public Company Limited, Annual General Meeting, Apr 05, 2021 Asian Insulators Public Company Limited, Annual General Meeting, Apr 05, 2021, at 07:00 Coordinated Universal Time. Location: Asian Insulators Public Company Limited 254 Serithai Road, Kannayao, Bangkok Thailand Agenda: To consider and certify the minutes of the Annual General Meeting of Shareholders No.1/2563; to acknowledge of 2020 of Annual Performance report; to consider and approve the Company's Financial Statements, Balance Sheet and Statement of Income for the year ended December 31, 2020; and to consider other matters. 공시 • Sep 03
Ppc Cab, A.S. and PPC Austria Holding GmbH acquired unknown minority stake in PPC Asian Insulators Co. Ltd. from Asian Insulators Public Company Limited (SET:AI) for THB 30 million. Ppc Cab, A.S. and PPC Austria Holding GmbH agreed to acquire unknown minority stake in PPC Asian Insulators Co. Ltd. from Asian Insulators Public Company Limited (SET:AI) for THB 30 million on August 14, 2020. The buyer will acquire 0.66 million shares of PPC Asian Insulators Co. Ltd. The transaction is approved by Board of Directors of Asian Insulators Public Company Limited. The consideration has been paid to Asian Insulators Public Company Limited on September 2, 2020.
Ppc Cab, A.S. and PPC Austria Holding GmbH completed the acquisition of unknown minority stake in PPC Asian Insulators Co. Ltd. from Asian Insulators Public Company Limited (SET:AI) on September 2, 2020.