Betagro Public Company Limited (SET: BTG) has informed the Stock Exchange of Thailand that the company’s Board of Directors passed the resolution for Betagro Treasury Center Company Limited, the company’s 99.99% owned subsidiary, to establish four new subsidiaries to support the expansion of its business overseas. The details are as follows:
- BF Global Holdings Pte Ltd will be established in Singapore with a registered capital of SGD 440,000 divided into 440,000 ordinary shares with par value at SGD 1 per share, of which Betagro Treasury Center Company Limited will hold 100% of the shares.
- BF Indonesia Holdings (Singapore) Pte Ltd will be established in Singapore with a registered capital of SGD 220,000 divided into 220,000 ordinary shares with par value at SGD 1 per share, of which BF Global Holdings Pte Ltd will hold 100% of the shares.
- PT BTI Trading (Indonesia) will be established in Indonesia with a registered capital of IDR 2,500,000,000 divided into 250,000 ordinary shares with par value at IDR 10,000 per share, of which BF Indonesia Holdings (Singapore) Pte Ltd will hold 99.99% of the shares, while BF Global Holdings Pte Ltd will hold 1 share.
- BF Distribution (Cambodia) Company Limited will be established in Cambodia with a registered capital of USD 160,000 divided into 160,000 ordinary shares with par value at USD 1 per share, of which BF Global Holdings Pte Ltd will hold 100% of the shares.
All four subsidiaries are set to be incorporated within 2026.
