“Satit Speaker” announces the purchase of shares in “Bumrungrad” in a private name.



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“Dr. Satit Viddayakorn” clarified the purchase of shares of “Bumrungrad Hospital” in the form of “Friendly Agreement”. Currently, it is still in the process of coordination with financial institutions and “Prasat Thong Osot Group – Sophonpanich Group” in the process of acquiring a source of funds to buy shares.

Dr. Satit Viddayakorn, Chairman of the Executive Board of Principal Capital Public Company Limited or PRINC, released the news regarding Principal Capital’s investment in shares. Bumrungrad Hospital (BH), 90.5 million shares at a price of 103 baht per share, worth 9,321.50 million baht from Bangkok Dusit Medical Services (BDMS), and is still interested in the remaining 11.34% of BDMS you own. In fact, it is also in BH. He, who is the main shareholder of PRINC, has entered into an agreement to buy shares of Bumrungrad Hospital from Dr. Prasert Group. Prasat Osoth Thong This is a private purchase in the form of a “friendly deal”, it is an investment purchase. And believe in the potential of BH, “said Dr. Satit.

However, it is still in the process of coordination with financial institutions and the Prasat Thong Osot Group. And Sophonpanich Group in the process of procuring a source of funds to buy that amount. There will be two payments for Bumrungrad Hospital shares, each of which is approximately 9.3 billion baht.

PRINC’s business cooperation plan with Bumrungrad continues in line with previous plans. That is not related to the acquisition of shares in a private name.In the past, we collaborated with Bumrungrad Health Network to establish a center of excellence in treatment specialized in various areas such as Prince Suvarnabhumi Hospital which opened the Absolute Spine Care Center and the Joint Surgery Center to support the expansion of the group. Service in Samut Prakan (Bangna) and eastern areas of Bangkok Considered very successful

PRINC continues to aim to expand the hospital business to 20 hospitals and open 100 clinics across the country in the next two years (2022) to build a service network covering the region. That currently the company There are 11 hospitals in operation in the network in 10 provinces, including Prince Suvarnabhumi Hospital, Samut Prakan province. Prince Pak Nam Pho Hospital 1 and Prince Pak Nam Pho Hospital 2, Nakhon Sawan Province Prince Uthai Thani Hospital, Uthai Thani Province Phitsanuvej Hospital Phitsanulok Province Phitsanuvej Uttaradit Hospital, Uttaradit Province Phitsanuvej Phichit Hospital, Phichit Province, Sirivej Hospital Lamphun, Lamphun Province, Wiratchasilpa Hospital, Chumphon Province, Prince Sisaket Hospital and Prince Ubon Ratchathani Hospital, Ubon Ratchathani Province

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