Chuchai agreed to acquire 99.99% stake in GG Network Co., Ltd. from News Network Corporation Public Company Limited (SET:NEWS) for THB15.5 million on July 27, 2021. As part of consideration, News Network Corporation Public Company will sell 308,169,400 shares, at the total price of THB 15.5 million. After closing of this transaction GG Network Co will not be the subsidiary of the News Network Corporation Public Company. The board of Directors of News Network Corporation Public Company has resolved to approve the disposition of the investment in GG Network Co in meeting held on July 27, 2021. As on August 3, 2021, Chuchai Chansangavej entered into an agreement to acquire GG Network Co., Ltd. from News Network Corporation Public Company Limited (SET:NEWS) for THB15.5 million.

Chuchai Chansangavej completed the acquisition of 99.99% stake in GG Network Co., Ltd. from News Network Corporation Public Company Limited (SET:NEWS) on August 13, 2021.