GMM Grammy Says Approved Sales Of Ordinary Shares Of GMM Music

Reuters
2024.08.14 13:47
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Aug 14 (Reuters) - GMM Grammy PCL (GRAMMY.BK) :APPROVED SALES OF ORDINARY SHARES OF GMM MUSIC PUBLIC COMPANY TO A STRATEGIC INVESTORWILL SELL GMM MUSIC’S ORDINARY SHARES TO WARNER MUSIC HONG KONG LIMITEDDEAL FOR $10.5 MILLIONGMM GLOBAL HAS ENTERED INTO A COMMERCIAL JOINT VENTURE LABEL AGREEMENT WITH WARNER MUSIC (THAILAND) AND WARNER MUSIC ASIAUNDER AGREEMENT, GMM GLOBAL AND WARNER WILL EACH INVEST UP TO 54.6 MILLION BAHT UNDER JOINT OPERATIONACQUISITION OF 3 ORDINARY SHARES OF JOOX THAILAND (HONG KONG) FOR $25 MILLION Further company coverage: (GRAMMY.BK)

Aug 14 (Reuters) - GMM Grammy PCL (GRAMMY.BK) :

  • APPROVED SALES OF ORDINARY SHARES OF GMM MUSIC PUBLIC COMPANY TO A STRATEGIC INVESTOR

  • WILL SELL GMM MUSIC’S ORDINARY SHARES TO WARNER MUSIC HONG KONG LIMITED

  • DEAL FOR $10.5 MILLION

  • GMM GLOBAL HAS ENTERED INTO A COMMERCIAL JOINT VENTURE LABEL AGREEMENT WITH WARNER MUSIC (THAILAND) AND WARNER MUSIC ASIA

  • UNDER AGREEMENT, GMM GLOBAL AND WARNER WILL EACH INVEST UP TO 54.6 MILLION BAHT UNDER JOINT OPERATION

  • ACQUISITION OF 3 ORDINARY SHARES OF JOOX THAILAND (HONG KONG) FOR $25 MILLION Further company coverage: (GRAMMY.BK)

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