Subsidiaries and Affiliates
Shareholding Structure in Subsidiaries and Affiliates
Remarks : Significant change in the shareholding structure in subsidiaries and affiliates from 1 November 2021 to 1 September 2022
(1) November 1st, 2021 : The company has completed the sale of their collective 100% of ordinary shares in EOM and ESC then transferring of business to Emery Oleochemicals UK Limited (EOUK). The company’s shareholding in EOUK of 50%
(2) December 29th, 2021 : The company has completed to invest in High Value Business (HVB) by the acquisition of allnex through GC BV. The company’s shareholding in allnex of 100%
(3) June 30th, 2022 : PTTGC International (Netherlands) B.V. (GC BV) purchase additional ordinary share of Vencorex Holding (Vencorex). As a result, GC BV currently holds 100% of Vencorex Shares
(4) July 1st, 2022 : AGC Vinythai Public Company Limited (AVT) was established by the amalgamation between Vinythai Public Company Limited (VNT) and AGC Chemicals (Thailand) Co., Ltd. (AGC-TH). After the shares allocation of AVT, GC effectively holds 27.32% of the ordinary shares in AVT
(5) August 31st, 2022 : GC Glycol Co., Ltd. (Glycol) and GC Styrenics Co., Ltd. (GCS) have already registered their dissolutions
(6) September 1st, 2022 : The company received the share transfer of Dynachisso Thai Co. Ltd. (DYCT) and Revolve Group Limited (RGL) from Solution Creation Co., Ltd (SUN)
(7) September 1st, 2022 : The company received the 1% share transfer of GC Marketing Solutions Company Limited (GCM) and the 1% share transfer of GC Logistics Solutions Company Limited (GCL) from Solution Creation Co., Ltd (SUN). As a result, GC currently holds 100% of GCM and GCL shares