BangchakNews · 2025-12-12 00:00

Bangchak Corporation completed BSRC share delisting and will list new shares on December 12, 2025, to enhance refinery and marketing synergy.

Bangchak Corporation has finalized the delisting of Bangchak Sriracha (BSRC) shares, having secured a 99.72% stake, and is set to list its own new ordinary shares on the Stock Exchange of Thailand on December 12, 2025.

This strategic restructuring aims to significantly improve the competitiveness and operational efficiency of the group's refinery and marketing businesses through integrated management and shared services, projecting annual cost reductions exceeding 200 million baht.

Fast Facts

·Acquirer: Bangchak Corporation
·Acquired entity: Bangchak Sriracha Public Company Limited (BSRC)
·Ownership stake: 99.72%
·BSRC delisting date (Last Trading Day): December 11, 2025
·Bangchak new share listing date: December 12, 2025
·Expected annual cost savings from shared services: Over 200 million THB
·EBITDA synergy recognized (9M 2025): Over 5,000 million THB
·New management structure effective: January 1, 2026

Refining

Oil & Gas

ESG & Finance

People Mentioned

Chaiwat Kovavisarach

Group Chief Executive Officer and President at Bangchak Corporation

Source

Bangchak Corporation completed BSRC share delisting and will list new shares on December 12, 2025, to enhance refinery and marketing synergy.