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ASAP Acquires At United Broker 30 million baht, penetrates the non-life insurance brokerage business : InfoQuest

Synergetic Auto Performance Public Company Limited (ASAP) revealed that the Board of Directors’ meeting has approved the acquisition of At United Broker Company Limited, which is a connected transaction. together which is the purchase of shares from the existing shareholders of At United Broker Co., Ltd. 3 persons totaling 199,998 shares or 99.9990% as follows:

1. Toyota at United Company Limited 99,999 shares (49.9995 %)

2. At Holding Company Limited 99,998 shares (49.9990%)

3. Mr. Songwit Thitipunya, 1 share (0.0005%), with directors and jointly major shareholders are Mr. Songwit Thitipunya and Mrs. Parinda Wongvithawat

for turnover All buyers and sellers agree on the purchase price of the traded shares. in the amount of 150.000 baht per share, totaling a total purchase price of 29,999,700 baht, which will be made within the second quarter of 2022

At United Brokerage Company has a business nature. Business of insurance broker which has been licensed in the type of insurance broker directly From the Office of Insurance Commission (OIC) by license number Wor00003/2017 since January 19, 2017, expired on January 18, 2025. Registered and paid-up capital of 2,000,000 baht, consisting of 200,000 ordinary shares. Par value of 10 baht per share

benefits to the company

1. At United Brokerage Co., Ltd. is a company established since October 17, 2016, with complete documents for doing business that have been certified by government agencies. Consistently good operating results eliminate the cost and time of setting up a new company.

2. Management groups of both companies A person who has knowledge and expertise in the basics of insurance brokerage business. therefore have a good understanding of the business

3. The insurance broker business will be a supplement to the company’s car rental business. To provide a comprehensive service from car rental services. until the insurance

By InfoQuest News Agency (07 Dec. 64)

Tags: ASAP, Synergetic Auto Performance, acquisitions, insurance broker, insurance, Thai stocks, At United Brokers

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