Showing 1 - 10 of 10
Reuters, Published on 21/02/2025
» HONG KONG — Universities across China have launched artificial intelligence (AI) courses this month based on Chinese AI startup DeepSeek, whose AI breakthrough has been described as a "Sputnik moment" for China and garnered widespread attention.
Published on 21/02/2025
» Bangchak Corporation Public Company Limited is reinforcing climate crisis awareness and promoting carbon footprint assessment tools to drive sustainability across the supply chain. Mrs. Gloyta Nathalang, Senior Executive Vice President, Sustainability Management and Corporate Communications, stressed the urgency of climate action, outlining Bangchak’s commitment to carbon neutrality by 2030 and net-zero greenhouse gas emissions by 2050 under the BCP 316 NET plan.
Published on 21/02/2025
» The Board of Directors of Bangchak Sriracha Public Company Limited (BSRC) at its Meeting No. 3/2025 has approved Bangchak Group’s restructuring plan following Bangchak Corporation Public Company Limited (BCP)’s intention to make a tender offer to acquire all securities of BSRC held by minority shareholders, amounting to up to 631,859,702 shares (equivalent to 18.3% of BSRC’s total issued shares), via a share swap with newly issued ordinary shares of BCP. The exchange ratio is set at 1 newly issued ordinary share of BCP per 6.50 BSRC shares. Any fractional shares resulting from the calculation will be disregarded. The total number of newly issued BCP shares under this transaction will not exceed 97,209,185 shares, and there will be no cash payment involved. Additionally, BCP has announced its plan to delist BSRC’s shares from the Stock Exchange of Thailand (SET), with the restructuring expected to be completed within 2025.
Published on 21/02/2025
» Bangchak Corporation Public Company Limited (BCP) has unveiled a major restructuring initiative aimed at streamlining operations and enhancing efficiency within the Bangchak Group. The company’s Board of Directors, at its Meeting No. 3/2025, approved a tender offer to acquire all minority-held securities of Bangchak Sriracha Public Company Limited (BSRC), paving the way for its delisting from the Stock Exchange of Thailand (SET). The transaction will be executed through a share swap, allowing BSRC shareholders to exchange their holdings for newly issued ordinary shares of BCP at a ratio of 1 BCP share per 6.50 BSRC shares.
Business, Phusadee Arunmas, Published on 21/02/2025
» Thailand and Bhutan have concluded the fourth round of negotiations for a free-trade agreement (FTA), running from Feb 17-19 in Bangkok.
Business, Kanana Katharangsiporn, Published on 21/02/2025
» SET-listed developer SC Asset Corporation plans to rebrand and diversify into non-property businesses next year, as the housing development sector continues to slow down and may take a few more years to return to normal.
Lamonphet Apisitniran, Published on 21/02/2025
» US President Donald Trump's plan to impose a 25% tariff on car imports may affect electric vehicle (EV) production plans globally, says Hyundai Mobility Thailand, a subsidiary of South Korea's Hyundai Motor Group.
Business, Yuthana Praiwan, Published on 21/02/2025
» A new carbon capture storage (CCS) facility of energy conglomerate Banpu Plc is taking shape in the US, following cooperation with a midstream energy company, part of a strategy to drive its business towards sustainability, says BKV Corporation, the gas production arm of Banpu.
News, Aekarach Sattaburuth, Published on 21/02/2025
» The government has invited representatives from several social media platforms, including Facebook and TikTok, to discuss ways to tackle online scams.
Sports, Published on 21/02/2025
» After nearly two successful decades as president of the Taekwondo Association of Thailand, Pimol Srivikorn is now chasing a fresh ambition: securing one of the most powerful positions in Thai sports.