"OR"

The price of PTT Oil and Retail Business (OR) shares is expected to rise further in the short term after its market capitalisation exceeded Bt330 billion, an expert said.

PTT Oil and Retail Business Pcl (OR) has joined hand with the Department of Internal Trade and Ministry of Commerce to sell eggs from the ministry’s Blue Flag shops at 400 PTT gas station nationwide at a special price in a bid to help egg farmers maximise sales channels.

The share price of PTT Oil and Retail Business (OR) on the first day of trading was Bt26.50 per share, up Bt8.50, or 47 per cent, compared to its subscription price of Bt18.

PTT Oil and Retail Business (OR) set its final Initial Public Offering (IPO) price at Bt18 per share on Wednesday.

Thailand’s cornerstone funds say their plans to invest in PTT Oil and Retail Business (OR)’s initial public offering (IPO) remain unchanged despite high-level criticism of the float. The IPO aims to raise up to Bt54 billion.

Kasikornbank and Krungthai Bank have advised investors not to rush with their subscription to PTT Oil and Retail Business (OR) shares as it is open until February 2.

PTT Oil and Retail Business has set aside a budget of Bt74.6 billion for the 2021-2025 expansion of its three core businesses, said acting CEO Jiraphon Kawswat.

PTT Oil and Retail Business (OR) will launch an initial public offering (IPO) to raise up to Bt54 billion in funds late this month.

PTT Oil and Retail Business will sell bottles of hand-washing alcohol and sachets of alcohol gel from tomorrow (April 15) to May 6 at selected PTT petrol stations nationwide.

PTT Oil and Retail Business Plc (OR) sees oil consumption in 2020 dropping to the lowest level in 11 years if the Covid-19 pandemic persists, said Boonma Phonthanakornkul, senior executive vice president of oil and retail business.

PTT Oil and Retail Business Plc (OR) and Central Restaurants Group Company Limited (CRG) signed a joint venture agreement on Thursday (December 19) for the establishment and operation of a “Café Amazon” branch in Vietnam's Ho Chi Minh city in the second quarter of next year.

PTT Oil and Retail Business Plc (OR) has opened the first Cafe Amazon branch in China in line with its goal of making the coffee chain a global brand.