39 Estate Co., Ltd. made an offer to acquire 42.21% stake in Rhom Bho Property Public Company Limited (SET:TITLE) from Dendanai Hutajuta and others for approximately THB 760 million on July 12, 2023. 39 Estate made an offer to acquire Rhom Bho Property Public Company for an offer per share of THB 2.5. As of August 24, 2023, shares tendered was 6,134,000 shares, representing 0.85% stake of Rhom Bho Property. Tender offer period is a total of 25 business days from July 25, 2023, to August 31, 2023. Daol Securities (Thailand) Public Company Limite acted as financial advisor and Thailand Securities Depository Co., Ltd acted as registrar for Rhom Bho Property Public Company Limited. Baker and McKenzie Co., Ltd. acted as legal advisor to Rhom Bho Property Public.

39 Estate Co., Ltd. completed the acquisition of 9.82% stake in Rhom Bho Property Public Company Limited (SET:TITLE) from Dendanai Hutajuta and others for approximately THB 180 million September 4, 2023. As part of the transaction, 39 Estate acquired 70.9 million shares of Rhom Bho Property Public. Post-acquisition, 39 Estate will owned 488.07 million shares, represent 67.61% stake in Rhom Bho Property Public.