Huanhai Yatai interpretation: GULF CEO adds 33.5 million shares, average price 59.00 baht
"Sarath Rattanawadee", as CEO and major shareholder of GULF, bought an additional 33,500,000 GULF shares via Big Lot at an average price of 59.00 baht, total transaction value approximately 1,976.5 million baht. This move reflects confidence in the company, while the market is also watching news that Singtel plans to sell a large block of 416,000,000 shares at a range of 58.80-60.00 baht.
The Thai Securities and Exchange Commission disclosed this as a report of management shareholding changes and derivative transactions (Form 59). The buyer is "Sarath Rattanawadee", a key management and major shareholder of GULF. The transaction date was June 23, 2026, executed via the Stock Exchange Big Lot, buying 33,500,000 shares at an average price of 59.00 baht. After completion, total holding is 620,508,207 shares.
According to overseas media reports, Singtel Global Investment plans to sell 416,000,000 GULF shares, with an estimated transaction amount of about 24.96 trillion baht (as stated in the text), also via Big Lot, with a price range of 58.80-60.00 baht, representing a discount of about 2-4% from the latest closing price of 61.25 baht. The seller will have a 90-day lock-up period after completion.
Regarding GULF's share price performance, at the close on June 23, 2026, the stock was at 60.50 baht, down 0.75 baht (-1.22%) from the previous trading day.
