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BBGI Public Company Limited submits filing to be listed in the SET – Post Today Shares

BBGI Plc. submitted filing to list in the SET

Date 16 Jan 2022 time 20:16

BBGI Public Company Limited or BBGI, a leader in the biofuel energy industry Filing for listing in the SET

Mr. Kittipong Limsuwanroj Chief Executive Officer and President of BBGI Public Company Limited (“BBGI” or the Group of Companies) revealed that with the strength of BBGI that started from the synergy of 2 leaders in the bio-products business (Bio- based Products) between Bangchak Corporation Public Company Limited or Bangchak, the 2nd largest fuel producer and distributor in Thailand with a network of gas stations nationwide. Focusing on business development with green innovation for the environment and society, and Khon Kaen Sugar Industry Public Company Limited or KSL, the 4th largest sugar producer and distributor in the country, has a full range of sugar related businesses, giving BBGI a strong foundation. Ready to drive towards becoming a leader in high-value bio-based products that promote health through green innovations

BBGI operates its business by acquiring shares in other companies (Holding Company) consisting of (1) the main business is the production and distribution of bio-based products, biofuel products such as biodiesel, glycerin. and (2) the other business is High Value Bio-Based Products (HVP) business related to health and Well-Being) that uses advanced technologies that are patented or protected by intellectual property laws that are owned or patented by BBGI.

Mr. Kittipong said that at present, the Group is a leading producer and distributor of biodiesel in Thailand. Sold to major oil traders in the country, including Bangchak. and other oil traders with a biodiesel plant located in Phra Nakhon Si Ayutthaya Province The total production capacity is 1,000,000 liters per day. It is also a leading ethanol producer and trader in the country. Sold to major oil traders who are the same customer base as biodiesel business. With a total of 3 ethanol production plants located in Khon Kaen, Kanchanaburi and Chachoengsao provinces, the total capacity for ethanol is 600,000 liters per day, which is currently in the process of expanding the ethanol production capacity by an additional 200,000 liters. per day to promote fuel energy security for the country

In 2021, the Group has started to import and distribute high-value bio-based products that care and promote health. and strives to become a leader in the business of high-value bio-based products that promote health through green innovations. through investments in startups or leading businesses with advanced biotechnology knowledge both in Thailand and abroad which corresponds to the model Bio-Circular-Green Economy (BCG) 2021 – 2026 of the government sector to contribute to economic development and lead Thailand towards the goal of becoming a high-income country and sustainable development goals.

“Our vision is to be the leader of an international bio-product group. that drives business with green innovation on sustainability which in addition to focusing on increasing the variety of business and bringing natural products to add as much value as possible It also helps to meet the needs of consumers in a new era of health care with natural products. There is a plan to grow the business of high-value bio-based products through studies, research and development of related technologies. To bring knowledge to build a system and production base for high-value bio-products that promote health through green innovations in Thailand Ready to join hands with a network of partners to deliver bio-products that are valuable to the global society effectively,” said Mr. Kittipong.

Ms. Busaraporn Chanchucherd, Deputy Managing Director Investment Banking Krungthai Zmico Securities Company Limited, as a financial advisor, said that on September 30, 2021, BBGI Public Company Limited submitted an application for an offer for sale of securities and a registration statement for the offer of securities (Financial to the Office of the Securities and Exchange Commission (SEC) by requesting for sale of newly issued ordinary shares in the amount of not more than 433.20 million shares with a par value (par) of 2.50 baht per share, representing not more than a percentage of 30.00 of the total number of ordinary shares issued and sold, divided into

1.) The portion offered for sale to the shareholders of Bangchak Corporation Public Company Limited or Bangchak and Khon Kaen Sugar Industry Public Company Limited or KSL, only those who are entitled to pre-emptive rights.

2.) The portion offered for sale to the general public, including the benefactors of the Company and its subsidiaries or a person who has a relationship according to the relevant criteria Person at the discretion of the underwriter Specific main investors (“Cornerstone Investors”) (if any) and institutional investors.

At present, BBGI has a registered capital of 3,615.00 million baht, divided into 1,446.00 million ordinary shares with a par value (par) of 2.50 baht per share, with a total paid-up capital of 2,532.00 million baht, divided into 1,012.80 million ordinary shares. fundraising this time Some of them are used to invest in business expansion. and invest in future projects of the Group of Companies including the development process Improve operational efficiency of the company group and subsidiary The remainder will be used to repay loans to financial institutions and to repay debentures of the Group of Companies. Including use as working capital for operations, which the company will be listed on the Stock Exchange of Thailand (SET) with Krungthai Seamico Securities Company Limited as a financial advisor.

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