Global Power Synergy Public Company Limited (SET: GPSC) has informed the Stock Exchange of Thailand that all conditions of the Share Purchase Agreement for the acquisition of shares in Ratchaburi Power Company Limited (RPCL) have been fulfilled, and the share acquisition has been successfully completed on December 24, 2025.
As a result, the investment in RPCL has been changed from an equity investment measured at fair value through other comprehensive income to an associate of the company. This investment is in line with the Company’s strategic plan to enhance long-term value creation for the company and its shareholders.
On September 8, GPSC signed a Share Purchase Agreement for the acquisition of shares in RPCL between the company and Chubu Electric Power Company International B.V. and Toyota Tsusho Corporation, which resulted in an increase in the company’s shareholding in RPCL from 15 percent to 24.375 percent of the total issued and paid-up shares of RPCL.
