October 21, 2021

PTTEP axes four Cayman subsidiaries

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From Bangkok Post Firm cites unviable operations as reason PTT Exploration and Production Plc (PTTEP), Thailand’s sole publicly listed explorer, has shut down four subsidiaries registered in the Cayman Islands after public comments that their establishment was intended to avoid tax payments. President and chief executive Tevin Vongvanich said yesterday the company closed down the […]