“Satit Speaker” explained to buy BH shares in personal name.



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“Satit Speaker” explained to buy BH shares in a private name.

Date Nov 25, 2020 at 6:28 PM

“Satit” indicated the objective of PRINC and BH to expand their services to provincial hospitals nationwide in accordance with the plan to reiterate the purchase of a private equity stake of 9.3 billion for investment.

Dr. Satit Viddayakorn, Chairman of the Executive Committee of Principal Capital Public Company Limited (PRINC) revealed the Main news case. Capital I invested in stocks. Bumrungrad Hospital Public Company Limited (BH), 90.5 million shares at a price of 103 baht per share, for a total of 9,321.50 million baht from Bangkok Dusit Medical Services Public Company Limited (BDMS) and still interested in the Remaining 11.34% BDMS. Held in BH too

“In fact She, who is the main shareholder of Principal Capital, has entered into an agreement to buy shares of Dr. Prasert Group’s Hospital Bumrungrad. Prasat Osoth Thong It is a private purchase in the form of a” friendly deal “, it is a purchase of investment. And believe in the potential of BH, “said Dr. Satit.

However, it is still in the process of coordinating with financial institutions and the Prasat Thong Osot Group and the Sophonpanich Group in the process of seeking a source of funds to purchase such shares. There will be two payments for the purchase of shares in Bumrungrad Hospital, approximately 9.3 billion baht each.

PRINC’s business cooperation plan with Bumrungrad continues in line with previous plans. In the past, in collaboration with Bumrungrad Health Network, it established a specialized treatment center of excellence in areas such as Prince Suvarnabhumi Hospital which opened the Absolute Spine Care Center and the Knee and Knee Center. Hip Joint Surgery Center supports the expansion of service users in the Samut Prakan (Bang Na) and East Bangkok areas. Which is considered very successful

Regarding PRINC, the goal is to expand the hospital business to 20 hospitals and open 100 clinics nationwide in the next two years (2022) to build a comprehensive network of services between regions, which the Company currently has hospitals in the network. It has been operating at 11 locations 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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