Better World Green Public Company LimitedBWG sells BWC shares to ETC for 330 million baht to restructure investments and increase liquidity.
Better World Green Public Company Limited (BWG) has approved the sale of all its shares in Better West Care Company Limited (BWC), totaling 2,998,800 shares or 99.96%, to Earth Tech Environment Public Company Limited (ETC) at a price of 110.04 baht per share, with a total value of approximately 330 million baht. ETC is a subsidiary in which BWG holds a total of 51.07% directly and indirectly through AKP. The purpose of this sale is to restructure investments and increase liquidity. BWC will remain a subsidiary of BWG through ETC's shareholding. The transaction is expected to be completed by October 2026.
Better World Green Public Company LimitedBWG sells BWC shares to ETC for 330 million baht to restructure investments and increase liquidity.
Earth Tech Environment Public Company LimitedETC acquires BWC shares from BWG, expanding its stake in the subsidiary.
BWC shares are being sold, but the impact on the company itself is unclear as it remains a subsidiary.