Showing 11 - 20 of 582
PTTEP exits Brazil with new focus on Asia
Business, Yuthana Praiwan, Published on 17/01/2023
» PTT Exploration and Production Plc (PTTEP) has exited its petroleum exploration and production business in Brazil by dissolving its subsidiary Participations and Explorations Corporation (PEC), as the company aims to focus more on investments in Asia.
BCP has high hopes for buyout of Esso
Business, Yuthana Praiwan, Published on 13/01/2023
» Energy conglomerate Bangchak Corporation Plc (BCP) expects its buyout of Esso (Thailand) Plc for 55.5 billion baht to pave the way for higher revenue, gaining a larger market share in the oil retail business and lower costs, though the new asset acquisition will increase its debt.
Bangchak acquires most of Esso Thailand
Yuthana Praiwan, Published on 12/01/2023
» SET-listed Bangchak Corporation Plc (BCP) has acquired a 65.99% stake worth 55 billion baht in Esso Thailand mainly from ExxonMobil Asia Holdings Pte.
PPPGC prepares listing to fund business growth
Business, Yuthana Praiwan, Published on 11/01/2023
» PPP Green Complex Co (PPPGC), a local palm oil manufacturer, is preparing to raise funds through an initial public offering (IPO) amounting to 342.8 million shares in a move to grow its businesses, including palm oil and oleochemical production.
Businesses' power bills trimmed after outcry
Yuthana Praiwan, Published on 06/01/2023
» The Energy Regulatory Commission (ERC) has scaled back a huge increase in power tariffs for businesses after they complained to Prime Minister Prayut Chan-o-cha about the impact on their costs.
BCPG to expand via Asia Link acquisition
Business, Yuthana Praiwan, Published on 04/01/2023
» BCPG Plc, the clean power generation arm of energy conglomerate Bangchak Corporation Plc, is acquiring the entire shareholding in Asia Link Terminal Co, a provider of oil storage services, in a move aimed at expanding its businesses related to oil terminal and seaport projects.
BCPG takes over Asia Link Terminal
Yuthana Praiwan, Published on 03/01/2023
» BCPG Plc, a clean power generation flagship of energy conglomerate Bangchak Corporation, has acquired all the shares of Asia Link Terminal Co, worth 9 billion baht, enlarging its investment in oil terminal and seaport projects.
PTT sets out stance on Myanmar after fund exit
Business, Yuthana Praiwan, Published on 23/12/2022
» PTT Group has clarified its stance on Myanmar, after a major investment fund decided to divest shares of PTT Plc and its subsidiary PTT Oil and Retail Business Plc (OR), which is operating a petroleum business in the country.
Ratch Group completes $605m Nexif acquisition
Business, Yuthana Praiwan, Published on 22/12/2022
» SET-listed Ratch Group, Thailand's largest private power producer by capacity, has completed a US$605 million deal to acquire Singapore-based Nexif Energy Joint Venture, part of a move to grow its energy and battery businesses.
Gulf, SCG urge government to assist Thai firms globally
Business, Yuthana Praiwan, Published on 16/12/2022
» Gulf Energy Development and Siam Cement Group (SCG) are urging the government to improve Thai companies so they can stand out in the global business arena.