Live Breaking News & Updates on Don Muang Tollway Public Co|Page 2

BusinessWorld
February 18, 2021 | 12:06 am
Senior Reporter
METRO Pacific Investments Corp. (MPIC) on Wednesday said its tollways unit Metro Pacific Tollways Corp. (MPTC) sold 100% of its stake in Thailand’s AIF Toll Roads Holdings Co., Ltd. for $149.25 million.
FPM Tollway (Thailand) Ltd., a 100% indirect subsidiary of MPTC, entered into share purchase deals with “several parties” on Feb. 16 for the sale of 100% of its shares in AIF Toll Roads Holdings (Thailand) Co., Ltd., MPIC said in a disclosure to the stock exchange.
AIF Toll Roads owns about 29.45% of the outstanding shares of Don Muang Tollway Public Co. Ltd., the operator of a major toll road facility in Bangkok, it added. ....

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