PTT Global Chemical increased its inter-company borrowing and lending limits with major shareholder PTT.
PTT Global Chemical's board approved an increase in its inter-company borrowing and lending (ICBL) limits with its major shareholder, PTT. The new limits will be effective from May 11, 2026.
This adjustment enhances PTT Global Chemical's short-term liquidity management and strengthens financial ties with its parent company. The transaction is considered a related-party transaction but is below 3% of net tangible assets.
Fast Facts
·Original ICBL approval: October 26, 2012
·Previous ICBL renewal period: December 20, 2025 to December 19, 2026
·Board approval for limit increase: March 27, 2026
·Effective date of new limits: May 11, 2026
·PTTGC as lender to PTT (new limit): 3,500 million THB (from 2,000 million THB)
·PTTGC as borrower from PTT (new limit): 20,000 million THB (from 10,000 million THB)
·Transaction type: Related-party transaction
·Transaction size: Below 3% of PTTGC's net tangible assets as of March 31, 2026
