Oishi Group Plc said it has filed a request that the Stock Exchange of Thailand puts SP (suspension) on its stock symbol as a major shareholder is negotiating to sell 43.9 per cent of its stakes or 82.31 million shares to one of ‘Mr. Chareorn’ aides.

Oishi stated that this message is important and could affect all retail investors so it request that all shares are bring suspended from trading for one day.

A news source reported that Yod Turakij Co., Ltd., a major shareholder of Oishi, is negotiating to sell over 40 per cent of its shares in Oishi Group to a subsidiary of the Siriwattanapakdee family holdings, the producer of Beer Chang, in a tender offer.

The same source is confident that there will not be major change in organization structure following the transaction but portion in shareholders.

1. 

   Any more details about this news?

   Posted by kamokamo | May 14, 2008, 8:32 am
2. 

   Yes, Tan Passakornatee said his family remains hold 10 per cent stock in Oish after the dealing.

   Posted by ket | May 14, 2008, 8:38 am
3. 

   This is shocking news. Oishi has just launched new campaign and TV commercial.

   Posted by arrow | May 14, 2008, 8:40 am