Rumour Has BTS Acquiring over 3% of JMT! JMART to Potentially Book Extra ฿530m!
Rumour has it that JMART had sold over 3% stakes in JMT to BTS to book around 530 million baht as an extraordinary item.
Rumour has it that JMART had sold over 3% stakes in JMT to BTS to book around 530 million baht as an extraordinary item.
7 ก.พ. 2563

According to the data shown on the Big Lot Board of the Stock Exchange of Thailand in yesterday’s trading session, a big lot transaction of JMT Network Services Public Company Limited (JMT) appeared on the board at the amount of 28 million shares, representing 3.15% of JMT’s voting rights at an average price at ฿19.40/share.
 
Earlier, the reporter stated that there were rumours on JMT’s transactions that it was a transaction between BTS Group Holdings Public Company Limited (BTS), as a buyer, and Jay Mart Public Company Limited (JMART), as a seller.
It had been speculated that JMART would earn a profit of 529.20 million baht from this transaction, based on the amount of JMT’s 28 million shares at an average price of ฿19.40/share while JMART held JMT’s shares at a par value of 0.50 baht, resulting in a profit of ฿18.90/share.
 
JMT closed the morning session on February 6, 2020, at ฿22.90/share, increased ฿0.20/share or 0.88% with a trading value of 88.98 million baht. Meanwhile, JMART closed at ฿9.40/share, increased ฿0.20/share or 2.17% with a trading value of 37.17 million baht.