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Watts Co Ltd to Sell Shares in Subsidiary to Central Department Store Limited

Monday, 27 May 2013 05:00am EDT 

Watts Co Ltd announced that it will sell 612,000 shares (a 51% stake) in a wholly owned subsidiary Thai Watts Co.,Ltd. to Central Department Store Limited, for THB 38 million on May 31, 2013. As a result, Thai Watts will be a joint venture between the two companies with Watts Co Ltd holding a 49% stake and Central Department Store Limited holding a 51% stake. 

Company Quote

11.0 +1.34%
29 Dec 2014