JCK Hospitality Public Company Limited (SET:JCKH) entered into an agreement to acquire Land and Office Building in Bangkok from JC Kevin Development Company Limited for THB 450 million on January 13, 2023. Payment for the Asset Purchase from JCKD in the total amount not exceeding 450,000,000 Baht, divided into 2 parts as follows: ) Paid by issuing newly issued shares to a private placement to JCKD in the amount of not exceeding 1,617,531,400 shares (par value of 0.25 Baht per share) at the offering price of 0.17 Baht per share, with the total value 274,980,338.00 Baht for partial payment of consideration for the Asset Purchase from JCKD, equivalent to 61.11% of the total value of consideration. And, the remaining amount of 175.02 million Baht, equivalent to 38.89% of the total value of consideration for such asset acquisition from JCKD, is paid in cash.