SET Announcements
19 October 2011
SET adds new listed securities of "PTTGC" to begin trading on Oct 21, 2011
Listing
Listing : Common stock
Company name : PTT GLOBAL CHEMICAL PUBLIC COMPANY
LIMITED (PTTGC)
Security Symbol : PTTGC
Secondary market : SET
Industry : Industrials
Sector : Petrochemicals & Chemicals
Listed date : 19-Oct-2011
Trading date : 21-Oct-2011
Number of listed shares (Common : 4,505,984,638
Stock)(shares)
Number of paid-up Stocks (Common : 4,505,984,638
Stock)(shares)
Par value (baht per share) : 10.00
Paid-up capital (baht) : 45,059,846,380.00
Business description :
1) Petrochemicals and Chemicals Business
2) Refining and Petroleumproducts supply sourcing
3) Services and Others
Remark :
As The Stock Exchange of Thailand (the SET) has temporarily suspended trading of
the securities of PTT CHEMICAL Public Company Limited (PTTCH) and PTT AROMATICS
AND REFINING Public Company Limited (PTTAR) effective from October 11-20, 2011
as the companies request in preparation for the allocation of shares in the
MergedCo, PTT Global Chemical Public Company Limited (PTTGC), to shareholders of
PTTCH and PTTAR and in preparation for the listing of shares in PTTGC on the
Stock Exchange of Thailand. (Detail as shown in PTTCH and PTTAR's news on
October 6-7 and 10, 2011)
Presently, PTTCH and PTTAR have fulfilled the requirement on amalgamation
processes including the registration of the amalgamation by the Registrar. Thus,
PTTCH and PTTAR lost their status as juristic persons and PTTGC is entitled to
all the assets, liabilities, rights, duties and responsibilities of both PTTCH
and PTTAR. By virtue of Section 171 (4) and 171 (1) of the Securities and
Exchange Act B.E. 2535 (1992), the Board of Governors of the SET has approved
the delisting of PTTCH and PTTAR and the listing of PTTGC on the day which the
Registrar accepts the registration of the amalgamation, October 19, 2011
(effective in the trading system on October 20, 2011) and to be traded on the
Stock Exchange of Thailand (SET) using the trading name of "PTTGC" commencing
from October 21, 2011 onwards.
For the trading of PTTGC, the SET sets the details as follows:
1. Common shares of PTTGC in the amount of 4,505,984,638 shares at par value 10
Baht each totaling 45,059,846,380 Baht to be commenced trading on October 21,
2011 onwards.
2. Common shares of PTTGC to be listed under Industrials industry group in
Petrochemicals & Chemicals sector and using trading name of "PTTGC".
3. According to Clause 24(5) of the regulations on the Stock Exchange of
Thailand Re: Trading, Clearing and Settlement of Securities in the Exchange
(No.2) 1999, the SET will temporarily lift the daily price limit of PTTGC's
securities on 21 October 2011 to allow the market mechanism to work properly.
Note: Please see Information Memorandum of PTTGC from SETSMART and http://WWW.
SET.OR.TH
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