18 Dec 2018 20:48:00
Establishment of Polymer Marketing Myanmar Company Limited
(-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.