PTT Public Company Limited's Subsidiary Alpha Com Co., Ltd. Announces Establishment of Subsidiary, On-I on Solutions Co., Ltd
February 18, 2021 at 08:20 pm IST
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PTT Public Company Limited informed that Board of Directors of Alpha Com Co. Ltd. at the meeting held on 18 September 2020 approved the establishment of On-I on Solutions Co. Ltd., a wholly owned subsidiary of Alpha Com, with the registered capital of THB 30 million. Alpha Com is 100% indirectly owned by PTT. The objective of the company establishment is to operate and develope EV charging infrastructure network outside the retail fuel service
stations such as in shopping centers, hotels, and office buildings, etc. as well as EV related products and services offering, for instance, supply and installation of EV charger for household, etc. The establishment of On-I on Solutions Co. Ltd. is in line with PTT's New S-Curve strategy. Subsequently, On-I on Solutions
Co. Ltd. was completed its registration on 18 February 2021.
PTT Public Company Limited is a Thailand-based company, which is engaged in the petroleum business. The Companyâs segments include upstream petroleum and natural gas, downstream petroleum, new business and infrastructure and Others. The upstream petroleum and natural gas segment includes petroleum exploration and production and natural gas. The downstream petroleum segment includes oil and retail, international trading and petrochemicals and refining. The oil and retail business engages in the oil and retail business including service station, EV station, food and beverage, convenience store, and related businesses in both domestic and overseas. Its products include Natural Gas for Automotive (NGV), Natural Gas Wholesale Market Customers and others. Its services include Natural Gas Services for Vehicles, Natural Gas Pipeline Transportation, Order Management Center (ORCC), PTT Electronic Bill Presentment & Payment, PTT E-Tax Web and Collateral Information Ptt.