To be a leading value-oriented integrated energy company in Asia-Pacific

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Ratchaburi Holding renamed to "RATCH Group PCL." Moving towards a leading value-oriented energy and infrastructure company in Asia Pacific

Nonthaburi - Ratchaburi Electricity Generating Holding Public Company Limited announced its company name change to "RATCH Group Public Company Limited" according to the resolution of Annual General Meeting of Shareholders held on April 12, 2019. It is aligned with the Company’s vision to be a leading value-oriented energy and infrastructure company in Asia Pacific. The name "RATCH Group Public Company Limited" is officially effective since April 17, 2019 onwards. "RATCH" is remained as trading symbol in the Stock Exchange of Thailand.

Mr. Kijja Sripatthangkura, RATCH Group PCL.'s CEO, revealed that the change clearly demonstrates our determination of growth strategy, with the aim of diversifying to infrastructure as well as power-related businesses beyond its core business of electricity generation. The company has set a vivid goal to achieve the 200-billion enterprise value by 2023 which will be significantly driven by the investment in infrastructure projects both in Thailand and overseas.

"The investment in infrastructure business is expected to reach at 25% of total investment value by 2023. Under easily recognized name of "RATCH Group PCL", it enables to position the company’s obvious presence in non-power generation business. The first rebranding of RATCH after the establishment in 2000 will enhance the company’s internationalization in response to increasing overseas investment goal and move us towards a leading company in Asia Pacific for creating economic value, coupled with environmental stewardship, and contributing benefits to society and the nation entirely.", said Mr. Kijja.

"RATCH Group" is inherited from "RATCH," a well-known name among stakeholders and signifying greatness, prosperity and the synergy of the group. In addition, the dynamic symbol in new corporate identity represents powerful movement of "RATCH Group" pursuing growth and leadership in electricity generation, infrastructure and relevant businesses based on social and environmental care for enhancing quality of life and happiness for all in the future.

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