labels: Esso Thailand
BCP announces change of name of Esso (Thailand) to Bangchak Sriracha, abbreviation BSRC.
BCP announces change of name of Esso (Thailand) to Bangchak Sriracha, abbreviation BSRC, effective from 17 Nov. 2566.“ESSO” ends its 129 year legend, transforms into “Bangchak”, Big D, attracting 2.26 billion baht to the Thai Energy Authority.
A big deal in the Thai energy industry in 2566, when Bangchak Corporation Public Company Limited (BCP) took over Esso (Thailand) Public Company Limited or ESSO, and this large merger deal was completed.BCP sets the trading price of "ESSO shares" at 9.8986 baht/share after completing the merger deal with a total value of 1.16 billion baht, preparing to tender 34%.
BCP sets the trading price of "ESSO shares" at 9.8986 baht/share after the merger deal ends. The total offer value is 1.16 billion baht. Prepare to tender 34%, expecting to pay the price for 2.2 billion common shares within the 31st. August 2566"NBTC Board" gives the green light to BCP to merge with ESSO, ready to issue 6 conditions for business combination - set period of time.
"NBTC Board" gives the green light to BCP's merger with ESSO, pointing out that it will not cause serious damage to the economy, along with issuing 6 conditions for business combination - specifying a time period.ESSO transfers lubricant business to “Exxon Mobil Marketing” worth 535.48 million baht.
Esso (Thailand) Public Company Limited or ESSO informed the Stock Exchange of Thailand on April 18, 2566 that, as the company had informed the Stock Exchange on January 12, 66, regarding entering into a share purchase agreement between ExxonMobil Asia Holding PTE Ltd. (ExxonMobil) ...Bangchak becomes number one refinery in Thailand, ESSO ends 129 year company legend
Big deal to kick off 2566 in the Thai energy industry in the case of Bangchak Corporation PCL (BCP) taking over PCL. Esso (Thailand) or ESSO, the seller is ExxonMobil, 65.99%, along with an offer to purchase all remaining shares (tender offer) ...“Esso Thailand” can use the ESSO brand for another 2 years after Bangchak closes the takeover deal.
On January 12, 2566, Bangchak Corporation Public Company Limited (BCP) informed the Stock Exchange of Thailand. Regarding the resolution of the Board of Directors' meeting, it was agreed to purchase common shares directly. 2,283,750,000 shares or equivalent to 65.99% of all issued shares of Esso (Thailand) Public Company Limited (ESSO) as of 30 ...ExxonMobil, after selling ESSO, will establish a new company to operate a finished lubricant business. - Chemical marketing business under the brand “ExxonMobil “
Esso (Thailand) Public Company Limited or ESSO informed the Stock Exchange of Thailand that on January 11, 2566, ExxonMobil signed a share purchase agreement with Bangchak Corporation Public Company Limited (BCP) to sell all shares sold. that ExxonMobil holds in the company to Bangchak Subject to the terms and conditions specified in the share purchase agreement.ESSO shares plunged more than 13% after ExxonMobil withdrew its investment, while Bangchak shares jumped more than 6%.
ESSO shares or Esso (Thailand) PCL. rose more than 13% with the lowest price of 9.25 baht after the market opened this morning (12 Jan.), a negative response in the case of Bangchak PCL. Corporation (BCP) announced the acquisition of ESSO shares from ...Bangchak invests 2.2 billion baht to take over Esso Thailand, pushing production capacity up to 294,000 barrels/day.
Bangchak Corporation Public Company Limited has informed the Stock Exchange of Thailand that The Company's Board of Directors Meeting No. 1/2566 on January 11, 2566 unanimously approved the transaction and agreed to propose to the Annual General Meeting of Shareholders to consider approving the purchase of common shares of Esso Company ( Thailand) Public Company Limited (ESSO)
