Nex Point Public Company Limited and other investors acquired a 74.9% stake in EV Now Co., Ltd. from EA Mobility Holding Co., Ltd. and other shareholders for THB 28.4 million.
February 08, 2022
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Nex Point Public Company Limited (SET:NEX) and other investors agreed to acquire a 74.9% stake in EV Now Co., Ltd. from EA Mobility Holding Co., Ltd. and other shareholders for THB 28.4 million on November 12, 2021. As part of the transaction, Nex Point Public Company will acquire 3,749,497 shares and Other shareholders will acquire 2 shares in EV Now. Post transaction, EV Now will be 74.98% owned by Nex Point Public Company and 25.01% by Other shareholders. For the year ended December 31, 2021, EV Now reported Revenue of THB 804.4 million, Net Loss of THB 5.02 million and Total Asset of THB 829.5 million. The transaction is approved by the board of Energy Absolute Public Company Limited, parent of EA Mobility.
Nex Point Public Company Limited (SET:NEX) and other investors completed the acquisition of 74.9% stake in EV Now Co., Ltd. from EA Mobility Holding Co., Ltd. and other shareholders on February 8, 2022.
Nex Point Public Company Limited is a Thailand-based company, which is engaged in business of property rental service, sale and rent a bus service, supply asset service, distribute and provide service for computer system and investing in subsidiaries. The Company has five segments: sale of computer products, computer services, sale of buses, repair and maintenance services, and transportation. Its products include EV Buses, which include StreamX EV Minibus, Polestar EV Minibus, EV Navigator, EV City Bus 8 m and EV City Bus 11 m; EV Trucks, which include EV Cargo Truck 6W 10T, EV Cargo Truck 6W 15T, EV Tractor, EV Road Sweeper, EV Water Spraying Truck and EV Garbage Truck; EV Pickup, which includes EV Pickup Truck Double Cab; and Diesel Buses/CNG Buses, which include SLK6930D and SLK6930CNG, SLK6102D and SLK6102CNG, SLK6121D, and SLK6122D. The Companyâs subsidiaries include SPP Fintech Co., Ltd., SPP Intelligence Co., Ltd., Terabyte Plus Public Co., Ltd., EV Now Co., Ltd. and other.
Nex Point Public Company Limited and other investors acquired a 74.9% stake in EV Now Co., Ltd. from EA Mobility Holding Co., Ltd. and other shareholders for THB 28.4 million.