PTT Public Company Limited (SET: PTT) has informed the Stock Exchange of Thailand that PTT’s Board of Directors, at the Special Meeting No. 8/2569 on 28 October 2026, approved the dissolution of Alvogen Holding (Thailand) Limited (ALVTHH).
ALVTHH is the subsidiary in which PTT holds 99% through Innobic (Asia) Company Limited (INBA) (a wholly-owned subsidiary of PTT) together with Lotus Pharmaceutical HK Limited (LOTUSHK) that holds 1%. The dissolution is expected to be completed in 2027.
ALVTHH was established as a holding company incorporated in Thailand. Currently there are no companies under ALVTHH’s shareholding. Therefore, the dissolution of ALVTHH will have no impact on PTT’s business operations.
