-TRANSLATION-
10000/102/2018
December 14, 2018
Subject : The Establishment of New Subsidiary Companies in Thailand Attention : President of the Stock Exchange of Thailand
At its meeting No. 15/2018 held on Friday, December 14, 2018, the Board of Directors of Bangchak Corporation Public Company Limited (the "Company") resolved to approve the establishment of 4 new subsidiary companies in Thailand, with the following details:
1. BCV Bio Based Co., Ltd.
2. BCV Energy Co., Ltd.
3. BCV Innovation Co., Ltd.
4. BCV Partnership Co., Ltd.
Each of the new subsidiary companies have details as follows.
Objectives | To invest in Thai startup related to innovations |
Registered Capital | 20 million THB |
% of Shareholding | The Company holds 100% |
Source of Fund | Working capital of the Company |
Please be informed accordingly. | |
Yours sincerely, | |
-signed- | |
(Mr. Chaiwat Kovavisarach) |
President and Chief Executive Officer
Investor Relations Division
Tel. 0 2335 8663
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Bangchak Corporation pcl published this content on 14 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 December 2018 12:24:08 UTC