COM7 purchases 40% of DOU7 shares in exchange for 3.85% of SABUY shares as compensation.

2024-01-29 06:37:00

SBFFM will receive compensation in the amount of 67,999,998 common shares in the company, or 3.85% of the paid-up capital of the company as of 27 Jan. 2024 (stock exchange program) and the company expects that the said stock exchange program It will be completed within February 2024 or as agreed upon by the parties involved.

For DOU7, it operates the business of providing management services for TRUE Shop stores in various department stores such as Big C, Tesco Lotus, Robinson and other local department stores.

SBFFM will receive compensation in the form of 67,999,998 SABUY shares, or 3.85% of the registered capital. In the event that there are investors, joint venture partners, or partners interested in investing in the company in the future. The Company may consider having SBFFM sell such common shares. The Company and SBFFM will proceed according to relevant laws and regulations.

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