News Detail

Date/Time
18 Dec 2018 20:48:00
Headline
Establishment of Polymer Marketing Myanmar Company Limited
Symbol
PTTGC
Source
PTTGC
Full Detailed News
Download Full Detailed News
                (-Translation-)
Ref. No.   FNA 16-043 / 2018

December 18, 2018
Subject:    Establishment of Polymer Marketing Myanmar Company Limited
To:    The President, The Stock Exchange of Thailand
PTT Global Chemical Public Company Limited ("PTTGC") is pleased to inform that 
PTT Polymer Marketing Company Limited ("PTTPM") which is a wholly-owned
subsidiary of PTTGC, has established a subsidiary company Polymer Marketing
Myanmar Company Limited ("PM Myanmar") which PTTPM holds 100%. The registered
capital of the establishing company is 5,000,000 USD.
PTTPM has received the required certificates and license for business operation 
in Myanmar for PM Myanmar.  PTTPM has completed the company registration for PM
Myanmar on August 17, 2018 and process for the capital paid-up on December 18,
2018 with the amount of 2,500,000 USD, the remaining will call according to
funding plan.  The establishment of the company is to support the trading
business on import and export, to do selling activities and distribution of
Polymers products in Republic of the Union of Myanmar.
The information disclosure is in accordance with the requirement of the Stock 
Exchange of Thailand upon the investment in a company with a proportion of 10%
or more of its paid up capital.

Please be informed accordingly.

Sincerely Yours,



Ms. 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.