PTT Plc (PTT), the country’s largest oil conglomerate, has informed the Stock Exchange of Thailand that it plans to buy a 20% stake in Independent Power (Thailand) (IPT), one of Thailand’s leading independent power producers. The deal is said to cost 396 million baht, according to the Business Day. (US$1=40 baht). PTT said its shareholders…
THAILAND: PTT to buy 20% stake in power company for 396 million bath
Posted on April 30, 2004 by EnergyAsia