BWG announces resolution of ETC spin-off plan

On December 30, 2019, Better World Green Public Company Limited held an extraordinary general meeting of shareholders for the year 2019 at The Grand Fourwings Convention Hotel, Bangkok led by the Board of Directors. Notify the resolution to approve the share ownership plan of Earth Tech Environment Public Company Limited (ETC), a subsidiary of the Company Listed on the Stock Exchange / Market for Alternative Investment (Spin-off) (“SET”) in which ETC will increase the registered capital from the previous 820,000,000 baht to the registered capital of 1,120,000,000 baht and change the par value from the original 100.00 baht per share to 0.50 baht per share and offer to sell shares not more than 600,000,000 shares with the par value of 0.50 baht to the public for the first time (Initial Public Offering : IPO) including shareholders of the company According to the pre-emptive rights. In this regard, a resolution has been approved for listing on the stock market (Spin-off) showing the full potential and growth of the business group..

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