Apart from Bangkok Airways, there are other four companies that bought bid envelopes from the Airports of Thailand.
The firm that with a valuation of 525 million baht ($16.41 million) garnered investments from Siamrath Group, Dtac Accelerator and SeaX Ventures.
Of the total 300 million baht, 75 million baht will come from selling shares of EIC, 25 million baht from internal cash flow and 200 baht from loans.
The deal makes Allianz the largest shareholder in the Thai firm.
This marks the fourth deal of VGI over the past two months, reflecting the company’s M&A-driven growth strategy.
This marks Krungsri Finnovate's fifth direct investment in startups after Omise, Finnomena, Baania and Silot.
BO2 is an 80:20 joint venture between International Finance Corporation and local business consultancy firm White Lotus Centre.
Thai Wah is a producer of tapioca starch products such as vermicelli and noodles in Thailand and other Asian countries.
Other investors in the round included RTP Global, BEENEXT, Base Growth, and Venture Highway.
CPF said the acquisition will provide it with access to a cost-efficient pork production base and the opportunity to expand into Japan and North Ameri
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