EXIM Thailand Finances Global Power Synergy Plc.'s Expansion of Investment in Energy Projects Domestically and Overseas
Mr. Ittipol Lertsakthanakul, Senior Executive Vice President of Export-Import Bank of Thailand (EXIM Thailand), and Mr. Thitipong Jurapornsiridee, Chief Financial Officer of Global Power Synergy Plc. (GPSC), recently signed an EXIM Thailand credit facility agreement worth 1,000 million baht at Energy Complex Building, to support GPSC's investment in clean energy both at home and abroad.
This financial facility from EXIM Thailand, a state-owned specialized financial institution, is part of the Bank's missions toward its role as Green Development Bank dedicated to building bio-circular-green (BCG) economy in line with the growth strategic plan of GPSC, which is the power and smart energy flagship of PTT Group. GPSC produces and distributes electricity, industrial steam and public utilities with aspiration to rank among the top 3 companies in ASEAN's sustainable energy innovations. The company has planned to expand its renewable energy. Such ambitious effort is in response to the current global energy transition trends and Thailand's National Energy Plan aiming to shift toward clean energy and advance to meet the net zero emissions goal and tackle the intensifying global warming and environmental issues as well as aligning with the role in decarbonization champion of PTT Group while enhancing the reliability of electricity supply for the group, along with exploring opportunities for new business growth.
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KBank appoints two new directors to replace vacant positions.
KASIKORNBANK (KBank) announces the appointment of Mr. Chatchai Luanpolcharoenchai and Ms. Jitsupa Vacharaphol as independent directors in the Board of Directors, effective May 9, 2025. The Bank of Thailand has already concurred with the appointment. The appointment of Mr. Chatchai Luanpolcharoenchai and Ms. Jitsupa Vacharaphol is to replace the vacant positions and complete the board's composition of 15 members, in accordance with the Bank's Articles of Association. This will enhance corporate
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