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Search Result for “merger”

Showing 1 - 10 of 28

BUSINESS

Banpu Power preparing for merger with parent company

Business, Yuthana Praiwan, Published on 31/10/2025

» SET-listed Banpu Power is expected to merge with its parent firm Banpu Plc to enhance business operations as Banpu continues its shift towards clean energy development.

BUSINESS

Gulf prudent about new investment

Business, Yuthana Praiwan, Published on 12/06/2025

» SET-listed Gulf Development, Thailand's largest energy company by market value and a telecom operator, is adopting a cautious approach to new investment this year to avoid risks caused by global economic and political uncertainties.

BUSINESS

Gulf ramps up debt with B300bn fundraising plan

Yuthana Praiwan, Published on 02/06/2025

» SET-listed Gulf Development, Thailand’s largest power company by market value and a telecom operator, is to raise 300 billion baht to refinance and boost future investment after merging with Intouch Holding Plc, the parent firm of Advanced Info Service (AIS).

BUSINESS

Gulf Development allots B100bn budget

Business, Yuthana Praiwan, Published on 26/03/2025

» Gulf Development Plc, a new firm established by the merger of Gulf Energy Development Plc and Intouch Holdings Plc, is planning to spend 100 billion baht over the next five years synergising energy and telecom businesses, as well as developing a data centre facility.

BUSINESS

PTT dismisses rumour of 3 units merging

Business, Yuthana Praiwan, Published on 22/02/2025

» PTT Group has denied a rumour its three subsidiaries -- PTT Global Chemical Plc, IRPC Plc and Thai Oil Plc -- will be merged, but stressed they need to improve their business operations.

BUSINESS

Egco withdraws investment in Risec

Business, Yuthana Praiwan, Published on 28/01/2025

» SET-listed Electricity Generating (Egco), the power generation arm of the Electricity Generating Authority of Thailand, has withdrawn all investment in a gas-fired power plant owned by US-based Risec Holdings LLC, to seek new business opportunities in other investment projects.

BUSINESS

Egco upbeat on revenue growth in 2025

Business, Yuthana Praiwan, Published on 19/11/2024

» SET-listed Electricity Generating (Egco), the power generation arm of the Electricity Generating Authority of Thailand, expects a significant growth in revenue in 2025, driven by investments domestically and overseas.

BUSINESS

Gulf targets 20% chunk of energy up for auction

Business, Yuthana Praiwan, Published on 05/10/2024

» Gulf Energy Development, Thailand's largest private power producer by market value, wants to win the rights to develop new power plants, with capacity accounting for 20% of the 3.6-gigawatt total to be offered in the second-phase auction of renewable energy development projects.

BUSINESS

Ratch eyes completion of two more acquisitions

Business, Yuthana Praiwan, Published on 17/08/2021

» SET-listed Ratch Group Plc, a major power operator, plans to conclude two more deals on power generation asset acquisition within this year in a move to expand its capacity to 10 gigawatts over the next five years.

BUSINESS

Refilling stomachs, not cars

Business, Yuthana Praiwan, Published on 05/07/2021

» The next job on the checklist for PTT Oil and Retail Business Plc (OR), which operates the Cafe Amazon franchise, may stun its rivals embarking on non-oil ventures.