PETROL
PTG plans big increase in stations
- Published: 19 Mar 2013 at 00.00
- Newspaper section: Business
PTG Energy Plc (PTG), an operator of PT petrol stations, plans to spend 1.02 billion baht over the next two years on business expansion.
Funding will stem mainly from proceeds available from the company's planned initial public offering (IPO).
Pitak Ratchakitprakarn, president and chief executive, said about 640 million baht of a two-year spending plan will be invested in network expansion.
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