GULF and INTUCH Successfully Register Amalgamation into ‘Gulf Development PCL’

Gulf Energy Development Public Company Limited (SET: GULF) has announced via the Stock Exchange of Thailand (SET) the notification of registration of amalgamation between the company and Intouch Holdings Public Company Limited (SET: INTUCH). The details are as follows:

Reference is made to the joint shareholders’ meeting between the shareholders of Gulf Energy Development Public Company Limited (SET: GULF) and the shareholders of Intouch Holdings Public Company Limited (INTUCH), held on March 25, 2025, which resolved to approve the matters related to the amalgamation between the company and INTUCH pursuant to the provisions under Section 148 of the Public Limited Company Act B.E. 2535 (as amended) (the PLCA).

The company notified that the public companies registrar, Department of Business Development, Ministry of Commerce, accepted the registration of the amalgamation on April 1, 2025. As a result, the company and INTUCH ceased their status as juristic persons, while the new company formed as a result of the amalgamation, namely, Gulf Development Public Company Limited, has assumed all assets, liabilities, rights, duties and responsibilities of the company and INTUCH after the completion of the amalgamation by operation of law pursuant to the PLCA.