Bangchak Corporation Public Company Limited to notify that according to the Board of Directors Meeting No. 3/2023 held on February 20, 2023, resolved to approve the establishment of new subsidiary company, Bangchak Treasury Center Company Limited ("BCTC"). BCTC has been registered with the Department of Business Development, Ministry of Commerce on March 1, 2023, with the registered and fully paid-up share capital at THB 10,000,000.

As of March 29, 2023, BCTC applied for the Treasury Center license with Ministry of Finance (through the Bank of Thailand) and will submit the application for operating as the International Business Center with Revenue Department afterward.