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Bangkok Post
Bangkok Post
Business

HISTORICAL FACTS: Plan b to acquire aqua units for b2 9bn - Caught on Camera

Plan B Co
Pictured from left are: Mr Pinijsorn, Mr Palin, Mr Shine and Pakorn Mongkoltada, AQUA's chief executive of operations.

SET-listed Plan B Media, an out-of-home (OOH) media company, is to acquire media businesses from Aqua Corporation Plc (AQUA) for 2.9 billion baht in order to gain a strong leading position in the segment.

Plan B's board on Tuesday approved the acquisition of two AQUA subsidiaries -- Aqua Ad Plc (AA), which makes signs, billboards and advertising media -- and Boardway Media Co (BWM), which provides billboard rental services. The acquisition plan was reported to the Stock Exchange of Thailand yesterday.

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