July 7, 2022
Matter: Investment progress in Bitkub Online Co., Ltd.
The Stock Exchange of Thailand
Reference is made to letter from Siam Commercial Bank Company Limited ref. No. EI 6400008 dated November 2, 2021 concerning: Investment in Bitkub Online Co., Ltd. (“Bitkub”) by SCB Securities Co., Ltd. (“SCBS”), who advised that the transaction was expected to close no later than the first quarter of 2022.
SCBX Public Company Limited wishes to advise that the acquisition of shares of Bitkub was subject to compliance with the rules and regulations of the relevant regulatory authorities and was conditional upon the satisfaction in all material respects of the results of due diligence and the performance by parties to any terms specified in the Share Purchase Agreement. Currently, the matter is under due diligence and discussion with regulators. Consequently, the deadline for completion of the transaction is now extended.
Please be informed accordingly
SCBX Public limited liability company
(Mr. Arthid Nanthawithaya)
Chief executive officer
The head office
Such. 02 544 4222
SCB – Siam Commercial Bank pcl published this content on July 08, 2022 and is solely responsible for the information contained therein. Distributed by Audienceunedited and unmodified, on Jul 08, 2022 11:33:03 a.m. UTC.