In 2001, the company invested in Utility Business Alliance Company Limited.Conducting business in the management of wastewater treatment systems by investing at a ratio of 50 percent On November 11, 2003 The company has sold some of its investments to outsiders.Resulting in the investment proportion being reduced to 33.33 percent.But in the 3rd quarter of 2006 The company bought back the investment from outsiders.The investment proportion then returned to 60 percent.
Later, Utility Business Alliance Company Limited Has transformed into a public limited company and increased capital sold to the general public by 170 million shares (Par value 0.50 baht per share) and on December 7, 2022, the MAI Stock Exchange The common shares of this company were received as listed securities. and start ading.
Proportion of investment of the Company in Utility Business Alliance Public Company Limited.decreased from 60 percent to 43 percent When considering the quality criteria The company is still a major shareholder. Have the same control as before.Therefore, Utility Business Alliance Public Company Limited remains a subsidiary of the Company as before.
