By Chayut Setboonsarng
Construction has already begun and Superblock’s chairman expects the sites to be operating by 2020.
This is the fifth deal made by Lakeshore Capital Fund I.
Thai listed industrial park developer Rojana Industrial Park is looking to sell all its shares in Ticon Industrial Connection to Fraser Assets.
The Eastern Economic Corridor (EEC) bill is the latest in a series of measures the junta is rolling out to spur investment in the Thai economy.
The deal is Thailand’s biggest ever land deal.
Upon completion of the deal, the two firms – Dyna Packs and Orient Containers – will become wholly owned subsidiaries of Thai Containers Group.
Shell had in October cancelled a $900 million agreement to sell the same gas field stakes to Kuwait Foreign Petroleum Exploration Company (KUFPEC).
The project is estimated to cost around $4.5 billion.
GRAND will further seek to acquire the remaining 32% stake in ROH from existing shareholders for 1.23 billion baht ($39 million).
It has hired KT Zmico Securities as a financial advisor to help divest stakes in high-value entities.