On 3 August 2020, Mr. Akarin Luengwiriya Chief Executive Officer and Managing Director Earth Tech Environment Public Company Limited (ETC) revealed that the company has signed a contract to distribute 600 million additional shares of the company with Green Chu shares of 60 million shares with UOB Kay Hian Securities (Thailand) Public Company Limited as the underwriter of the newly issued shares at the price of 2.60 baht per share, which is approximately 1,560 million baht. Baht. The company plans to use the funds from the capital increase to expand the business of ETC and its subsidiaries Including loan payments Used as working capital for business and preparing to expand investment in clean energy power plant projects Such as 400 MW community waste power plant project and 44 MW industrial waste power plant project which is expected to open for bidding at the end of this year

The shareholders of BWG Only groups that are entitled to receive shares can download. (Download) Reservation documents at (1) BWG website (bwg.idea-boomer.com) (2) Company (www.etcenvi.com) (3) Website of UOB Kay Hian Securities (Thailand) Public Company Limited (www.utrade.co.th) And (4) information in the QR Code in the notice of rights of BWG’s shareholders to subscribe for newly issued ordinary shares of ETC delivered by Thailand Securities Depository on 24 July 2020.

In addition, ETC is open for general investors to reserve during the period 7-11 August 2020 through the underwriter group, namely UOB Kay Hian Securities (Thailand) Pcl. KTB Securities (Thailand), ASL Securities Company Limited, AIRA Securities Company Limited Public Company Limited and Land and Houses Securities is scheduled to begin trading on the mai stock exchange on August 18.

For ETC, the leader in full-scale waste power plant, there are 3 industrial waste power plants in Saraburi Phra Nakhon Si Ayutthaya and Phichit combine the production capacity of 20.4 MW with a power purchase agreement of 16.5 MW with the Provincial Electricity Authority for a period of 20 years. ETC is a company in the group. Better World Green (BWG), the country’s largest waste disposal management group Which has a RDF factory in the group, which gives ETC fuel security Including the advantages of fuel costs With registered capital 1,120,000,000 Baht has a total number of shares 2,240,000,000 shares with a par value of 0.50 baht per share

The company has a continuous growth performance. With total revenue of 362.39 million baht in 2019, increased from 325.24 million baht in 2018 and 184.10 million baht in 2017 and a net profit of 56.80 million baht in 2019 from a net profit of 65.35 million baht in Year 2018 and a net loss of 3.14 million baht in 2017 because in 2018 and 2019 there was a full year electricity revenue recognition from ETC power plant and the latest in the 1st quarter of 2020, the company had total revenue of 134.90 million baht and Net profit of 24.18 million baht, representing 18% of the net profit margin. In 2020, ETC expects to realize full year electricity sales. From waste RH and AVA power plants with FiT power purchase rates of up to 6.83 baht / unit, which is the highest power purchase rate compared to other fuels Because the government promotes the use of waste as fuel to reduce the amount of waste in the country.