In a recent filing to the Stock Exchange of Thailand, Bangchak Corporation Public Company Limited (SET: BCP) announced that its Board of Directors has resolved to allow Alpha Chartered Energy Company Limited (ACE) to exercise its voting rights in the upcoming amendment of the Company’s Articles of Association.
The decision, reached during Board Meeting No. 6/2569 on 7 April 2026, marks a reversal of a previous restriction. Initially, the Company had identified certain shareholders, including ACE, as having “special interests” that would disqualify them from voting on the agenda item regarding amendments to the Articles of Association.
ACE filed a formal objection to this restriction in a letter dated 26 March 2026. Upon further consideration, the Board noted a lack of “clear interpretative guidelines” regarding what constitutes a special interest in the context of amending articles of association. To ensure the protection of shareholder rights, the Board opted to permit ACE’s participation in the vote.
To provide further clarity for future proceedings, Bangchak stated it would urgently submit an inquiry to relevant authorities for a definitive interpretation of shareholder special interests.
The 2026 Annual General Meeting of Shareholders is scheduled to take place this Friday, 10 April 2026. The official notice and supporting documents for the meeting were originally dispatched to shareholders on 19 March 2026. The disclosure was signed by Police General Suwat Jangyodsuk, Secretary to the Board of Directors.
