Dragon One Plc (D1) plans to acquire five additional companies by the end of this year, with three deals due to be concluded next month.
Jrarat Pingclasai, the president and chief executive of the MAI-listed holding company, said it would spend between 200 million and 300 million baht to invest in the first three companies related to IT and telecommunications.
''Our source of funds will come from an issue of new shares to specific investors, mostly institutional investors, and a swap of shares,'' he said yesterday.
D1 shares made their debut yesterday on the Market for Alternative Investment. They had been moved from the Stock Exchange of Thailand because the company's capital structure no longer met the requirements for listing on the main board.
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