PTTGC Sells 49% Share of ITT to Book ฿227M, Continuing to Operate Business as Normal

PTT Global Chemical Public Company Limited (PTTGC) has approved the PTTGC International Private Ltd. (GC Inter), as a subsidiary company of PTTGC which to divest of the remaining shares in PT Indo Thai Trading Ltd. (ITT) which PTTGC owns a 49% stake with the total value from the sale of shares equal to THB227 million. Furthermore, the sale of purchase agreement has been signed on 26 June 2019.
Additionally, PTTGC continues to operate and export products to Indonesia as normal.