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BANPU has dissolved two subsidiaries that have not operated any businesses, it said in a regulatory filing to the Stock Exchange of Thailand yesterday.
Nusantara Thai Mining Services International and Centralink Wisesa International were dissolved by registration and completed the liquidation process in July and December of last year respectively.
RATCHABURI ELECTRICITY GENERATING HOLDING has set up a subsidiary, Ratch O&M Co, to provide operational and maintenance services for RATCH’s small power plant projects.
The new subsidiary has registered capital of Bt10 million, or 1 million shares at par value of Bt10 each.
THAI-GERMAN PRODUCTS signed an agreement with an investor to sell 1.18 billion shares at Bt0.20 per share.
It will use the Bt236 million proceeds to repay debt.
