SET:SIMAT

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Simat Technologies Buys IMED Auto for THB2 Million

Simat Technologies (SET:SIMAT) acquired a 100% stake in IMED Auto, a distributor of ambulances, medical equipment and medical devices, for 2 million baht.The acquisition covers 10,000 shares at 200 baht each, making IMED a subsidiary of Simat.Simat said the investment, funded through working capital, is aimed at expanding into new business opportunities, diversifying revenue channels and strengthening long-term growth.

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