GPSC subsidiary to acquire 50% of GRP from PTTGM for THB 1.275 billion

Global Power Synergy Public Company Limited (GPSC) is restructuring its renewable energy business. Its subsidiary Global Renewable Synergy Co., Ltd. (GRSC) will acquire 50% of Global Renewable Power Co., Ltd. (GRP) from PTT Global Management Co., Ltd. (PTTGM) for THB 1.275 billion (~USD 29 million), giving GPSC 100% ownership of GRP.

“The proposed transaction will entail the acquisition by Global Renewable Synergy Co., Ltd. (GRSC)... of 50% of the total shares of Global Renewable Power Co., Ltd. (GRP) from PTT Global Management Co., Ltd. (PTTGM)... valued at THB 1.275 billion.”tttandpartners.com

• 1 source
• tttandpartners.comTTT+Partners advises Global Power Synergy PLC (GPSC) on restructuring -Parithat Chamnongsilp PartnerNov 1, 2024

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