Star Universial to sell stake in Star Sanitaryware

Breaking News June 19, 2017 15:03

By The Nation

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Star Universal Network Plc's board of directors have approved the sale of the company’s entire investment in Star Sanitaryware (Thailand) Co Ltd, according to the company’s report to the Stock Exchange of Thailand on Monday



 

 

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At the same meeting on Monday, the board approved the directorship resignation of Somchai Dumrongkiatchai.

Star Universal Network will sell its 100-per-cent stake in the subsidiary to Theerayut Kittipattrakul. 

The sale involves 1,295,298 shares worth Bt150 million.

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