Bangchak Corporation Public Company Limited (SET: BCP) has announced the investment in Thai Kali Company Limited, diving into the mineral resource project development in Thailand.
The company announced that BCVE Company Limited (BCVE), BCP’s subsidiary in which the Company holds 99.99%, has subscribed 65% of Thai Kali Company Limited (TK)’s newly issued ordinary shares in the form of a joint venture.
Mr. Wuthichai Snguanwongchai will hold 18.2% of shares in TK and current minority shareholders hold 16.8% of shares.