BGC pushes annual revenue growth of 35%, earns M&A to su

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Mr. Silparat Watthanakaset, Chief Executive Officer of BG Container Glass (BGC), revealed that the company has set a target for the year 64 to grow 35% from the previous year with income of 10,968 million baht from investment expansion Continuously เกมสล็อต The total investment budget this year is approximately 2,500 million baht divided into investment in acquisitions (M&A) in two affiliated companies, namely BG Packaging Co., Ltd. (BGP), a manufacturer and distributor of plastic films, plastic caps, bottles. PET preforms with BGC to acquire 100% stake and Bangkok Packaging Co., Ltd. (BVP), a manufacturer and distributor of paper packaging. The production capacity is about 50,000 tons per year.
BGC will also hold 100% of the shares as well, expecting a total investment of approximately 1,650 million baht, using financing from local financial institutions and the Company Still maintain the debt to equity ratio (D / E Ratio) does not exceed 2.5 times.



In this regard, the acquisition of the two companies has to be approved by the Annual General Meeting of Shareholders for the year 2021 on April 9, which has been approved by the shareholders. It will be able to invest immediately. We are confident that such investments will strengthen BGC's business potential and operational results. This is because the income and profits from the invested company can be recognized after the merger process is completed.



In addition, the company will be able to offer a one-stop service from packaging with labels, lids and cartons. With a team of experienced and expertise in the packaging industry It has modern design technology. It also increases the convenience of customers by offering a wide variety of products and services. Expected that the company Will begin to recognize income from such investments from May onwards

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