BanpuNews · 2026-02-03 14:00

Banpu shareholders approved the amalgamation with Banpu Power, strengthening the group structure to support future growth and strategic targets.

Banpu Public Company Limited's shareholders approved the amalgamation with Banpu Power Public Company Limited, leading to the formation of a new public limited company (NewCo) and a significant group restructuring.

This strategic move aims to enhance capital allocation, improve operational efficiency, and strengthen Banpu's readiness to adapt to evolving energy trends and achieve its 2030 financial and environmental responsibility targets.

Fast Facts

·Event: Shareholder approval of amalgamation
·Date of EGM: January 29, 2026
·Approval rate: 99.90% of attending shareholders
·Companies involved: Banpu Public Company Limited, Banpu Power Public Company Limited
·Outcome: Formation of a new public limited company (NewCo)
·Capital increase for Banpu: THB 5 (5 newly issued ordinary shares)
·Share swap ratio: 1 Banpu share to 0.38242 NewCo shares
·NewCo listing target: Q3/2026 on Stock Exchange of Thailand

Power Generation

Mining

ESG & Finance

People Mentioned

Sinon Vongkusolkit

Chief Executive Officer at Banpu Public Company Limited

Source

Banpu shareholders approved the amalgamation with Banpu Power, strengthening the group structure to support future growth and strategic targets.