SET:EGCO

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Electricity Generating Divests Stake in Subsidiaries

Electricity Generating (SET:EGCO) completed the divestment of a 49% stake in each of Banpong Utilities and Klongluang Utilities, according to a Friday Thailand Exchange filing.The stakes were sold to J-POWER Holdings (Thailand) for around 2.77 billion baht.Following the transaction, the company has a 51% stake in both units.

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