27 Mar 2017 18:36:00
Update on Initial public offering and listing of shares in the subsidiary
(Translation) No. 16-020 / 2017 27 March 2017 Subject: Update on Initial public offering and listing of shares in the subsidiary To: The President The Stock Exchange of Thailand PTT Global Chemical Public Company Limited (the "Company") has filed a registration statement for offering of securities and a draft prospectus of Global Green Chemicals Public Company Limited ("GGC"), the Company's subsidiary to the Office of the Securities and Exchange Commission (the "Office of the SEC") because the Company may consider making a public offering of its shares in GGC concurrently with GGC's initial public offering ("IPO"). The Company has disclosed to the Stock Exchange of Thailand (the "SET") on this regard on October 5th, 2017. The Company would like to update that GGC is currently during its process to issue new shares, IPO, and listing of its ordinary shares on the SET. As for the Company, The Board of Director at the meeting No. 4/2017 held on March 27, 2017 has resolution to not offer for selling Company's shares of GGC no exceeding 164,444,500 shares to the public concurrently with GGC's IPO. This was due to the Company's consideration to assure investors in the Company's support of GGC as the Company's flagship in green chemical. Please be informed accordingly Yours sincerely, (Miss Duangkamol Settanung) Executive Vice President - Finance and Accounting ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.