GULF Makes an Official Clarification to SET, Affirming of No Intention to Acquire BWG
GULF made an official clarification to SET, saying that it has no intention to purchase shares in BWG as rumored.
Following the news reported by “Kaohoon Online,” stating that GULF has denied the baseless rumor regarding the joint investment with ETC and BWG. Later today, GULF made an official clarification to the Thai Stock Exchange.
Gulf Energy Development Public Company Limited (GULF) has made an announcement to notify the Stock Exchange of Thailand that, with reference to rumors that the company has an intention to acquire shares in Better World Green Public Company Limited (BWG), who provides administrative and management services for wastes, by way of private placement of newly issued ordinary shares of BWG, the company clarified that it has no plans to enter into such transaction or form an alliance with BWG as referenced in the news.