True Digital Group Sells Stake in ZAPGROUP Inc. to Founder
Mitihoon
Key summary
True Digital Group Public Company Limited (TDG) has informed the Stock Exchange of Thailand that its wholly-owned subsidiary sold its equity investment in ZAPGROUP Inc. (ZAP) to Ms. Angelique Auhra Chua Uy, the founder of ZAP. Prior to the sale, TDG held a 70% stake in ZAP, which operates online and offline benefit platforms in the Philippines. The transaction was executed to restructure the investment portfolio by reducing holdings in non-core foreign subsidiaries that are not profitable and to eliminate future capital support obligations. As a result of the sale, ZAPGROUP Inc. is no longer classified as a subsidiary of TDG.
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Source report
Mitihoon
Read original ↗https://www.mitihoon.com/2026/10/20/687175/