Gulf Energy Development Plc won the "Deal of the Year Awards -- Mergers & Acquisitions Deal" award for the tender offer for securities of Intouch Holdings Plc and Advanced Info Service Plc (ADVANC) at the 19th SET Awards ceremony, held at the Stock Exchange of Thailand.
The Deal of the Year Awards are selected based on outstanding financial transactions that have made significant impacts on, or innovative developments in, the capital market, such as fundraising, M&A, or other securities offerings within the scope permitted by the Securities and Exchange Commission.
"Gulf is honoured to be awarded the 'Deal of the Year Awards -- Mergers & Acquisitions Deal' at the SET Awards 2022," said Yupapin Wangvivat, chief financial officer at Gulf.
"This achievement demonstrates the company's capability to expand into the digital infrastructure business as well as to drive earnings growth in the long term. The tender offer for securities of InTouch and ADVANC marks another key milestone for the company in the past year. Gulf, InTouch and companies in the InTouch Group will continue to collaborate to grow the business together in the future in order to strengthen the business and create sustainable returns to shareholders."
The SET Awards ceremony was organised by the Stock Exchange of Thailand in conjunction with Money and Banking Magazine to honour listed companies, top management, securities companies, asset management companies, financial advisory companies, and real estate investment trusts with excellent and outstanding performance in various fields, which play a significant role in the development of the Thai capital market.
