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CKPower Invests in 'Xayaburi Power' with 1,800 MB to Acquire 5% More


The Company to pay dividends on May 20, 2021
Mr. Thanawat Trivisvavet, the Managing Director of CK Power Public Company Limited (CKPower), or CKP in SET, announced that the Board of Directors has approved the acquisition of shares in Xayaburi Power Company Limited ( XPCL ), the operator of the Xayaburi Hydroelectric Power Plant ( Xayaburi HPP ) in the Lao PDR. The Company intends to acquire 134,305,000 shares in XPCL, representing 5% of XPCL s registered capital solely from PT Sole Company Limited ( PTS ). The total amount of acquisition is approximately 1,826.55 million Baht. A request for approval will be made at the 2021 Annual Ordinary General Meeting of Shareholders of the Company, which is scheduled for April 22, 2021. Should the Ordinary General Meeting of Shareholders resolve to grant approval to the Company to execute such transaction, the Company expects to complete the acquisition of the shares of XPCL and the execution of the Share Purchase Agreement with PTS by ....

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