Polyplex Corporation Limited has announced the results of a tender offer for its subsidiary, Polyplex (Thailand) Public Company Limited (PTL). The tender offer, made by AGPH (Thailand) Ltd., a wholly-owned subsidiary of AGP Holdco Limited, successfully acquired 162,812,291 Ordinary Shares of PTL. This represents 18.09% of PTL’s paid-up share capital and voting rights.
Tender Offer Results for Polyplex Thailand
Polyplex Corporation Limited has disclosed the outcome of a tender offer for its subsidiary, Polyplex (Thailand) Public Company Limited (PTL). The tender offer, initiated by AGPH (Thailand) Ltd., a subsidiary of AGP Holdco Limited, concluded on August 5, 2026.
The company has received confirmation that 162,812,291 Ordinary Shares of PTL were tendered and subsequently acquired by the offeror. This acquisition accounts for 18.09% of PTL’s total paid-up share capital and voting rights.
Previous Disclosures and Current Update
This disclosure follows earlier announcements made on June 22, 2026, regarding the intention to make the tender offer, and on July 1, 2026, where Polyplex Corporation Limited’s Board resolved not to participate in the offer concerning its shareholding in PTL.
A detailed ‘Report on the Result of the Securities Acquisition’ has been provided, confirming the successful acquisition by the tender offeror.
Source: BSE
