The proposal would be put to shareholder meetings in April, Tevin said yesterday.
PTT Plc also will change our business focus to energy security, with investments in infrastructure for gas pipelines, LNG (liquefied natural gas) operations, oil and gas exploration, and will partner with our subsidiary for investment in mega-projects, he said at press conference yesterday.
Under the business restructuring, PTT Plc will sell to PTT Global Chemical its major stakes in six petrochemical firms: HMC Polymer Co Ltd, PTT Asahi Chemical Co Ltd, PTT MCC Biochem Co Ltd, PTT Polymer Marketing Co Ltd, PTT Polymer Logistic Co Ltd and PTT Maintenance and Engineering Co Ltd. It will also sell its stake in the PMMA project of PTT PMMA Co Ltd, according…
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