PTTEP Establishes 3 New Subsidiaries to Support Its Future Investment
PTTEP announced the establishment of FutureTech Energy Ventures Company Limited, FutureTech Solar (Thailand) Company Limited and Delta Gas Transportation Limited, with aims to support the future investments
PTT Exploration and Production Public Company Limited (PTTEP) announced that the company has established 3 subsidiaries to support its future investments, per the following details:
1. FutureTech Energy Ventures Company Limited has been established with registered capital of 5,000,000 Thai Baht, consisting of 50,000 ordinary shares at 100 Thai Baht each, with 100% shareholding by EP-Tech Ventures Holding Company Limited, a subsidiary of PTTEP.
2. FutureTech Solar (Thailand) Company Limited has been established with registered capital of 1,000,000 Thai Baht, consisting of 10,000 ordinary shares at 100 Thai Baht each, with 100% shareholding by FutureTech Energy Ventures Company Limited.
3. Delta Gas Transportation Limited has been established with registered capital of 50,000 US Dollars, consisting of 50,000 ordinary shares at 1 US Dollar each, with 100% shareholding by Delta Gas Transportation SG Holding Pte. Ltd., a subsidiary of PTTEP.
