AMATAV sells entire stake in ATLT for 632 million baht

Money & Banking··Read original
2▲0 ▼0Impact / 5
Summary · why it matters

Amata VN Public Company Limited, or AMATAV, has sold its entire stake in Amata Township Long Thanh, or ATLT, held both directly and indirectly in a proportion of 93.40%, to Long Thanh Riverside Investment Company Limited, which is not a related party. The total value is 492,239,171,513 dong, equivalent to 632 million baht. The transaction was completed on 30 July 2026, after the board of directors approved it on 9 July 2026. The sale aims to reduce administrative costs and enhance the group's investment management efficiency in Vietnam, resulting in ATLT ceasing to be a subsidiary of AMATAV.

Impact on assets 1

Real Estate▲ · 1 stocks
Amata VN PCL
AMATAV
± MixedCapitalrelevance

AMATAV sells entire stake in ATLT for 632 million baht to reduce costs and improve efficiency, but impact on AMATAV is unclear as it divests a subsidiary.

Off-coverage companies 2

Amata City Long Thanh Joint Stock CompanyPrivate▼ Negative
Capitalrelevance

ATLT ceases to be a subsidiary of AMATAV after the stake sale, losing parent company support.

Long Thanh Riverside Investment Co., Ltd.Private▲ Positive
Capitalrelevance

Long Thanh Riverside acquires a 93.40% stake in ATLT, expanding its investment in the project.

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