TOP Invests ฿35M in 2 Subsidiary Companies for Business Expansion and Business Changes

Thai Oil Public Company Limited (TOP) has informed that Thaioil Treasury Center Co., Ltd. (TTC), TOP holds 100% shares, approved to establish TOP Ventures Company Limited and TOP Ventures Hong Kong Limited for Corporate Venture Capital (CVC) transactions by investment in Venture Capital (VC) Fund and/or Startup Business.

The objective of this establishment is to expand the investment in new business and business which Thaioil and Subsidiaries have expertise to support the business changes. TOP Ventures Company Limited and TOP Ventures Hong Kong Limited is 100% owned by TTC with the registered share capital of THB35 Million and 1 Hong Kong Dollar respectively.