BWG sells BWC shares to ETC for 330 million baht

Corporate Action
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Summary · why it matters

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.

Impact on stocks 2

Climate Adaptation & Water · 1 stocks
Energy Transition & Power Demand · 1 stocks

Off-coverage companies 1

Better Waste CarePrivate± Mixed
Capitalrelevance

BWC shares are being sold, but the impact on the company itself is unclear as it remains a subsidiary.