Global Power to reduce debt, increase registered capital Global Power to reduce debt, increase registered capital
THURSDAY, AUGUST 29, 2019
Global Power Synergy Plc (GPSC) plans to increase its registered capital worth Bt74 billion in order to reduce its debt of Bt134.5 billion, it said on Thursday. It borrowed from its parent companies including PTT Plc and PTT Global Chemical Plc, to acquire a major stake in Glow Energy Plc early this year.