Better World Green Public Company Limited, together with its subsidiaries, provides integrated industrial waste treatment and disposal services in Thailand. Its offerings include landfill disposal, integrated wastewater treatment, industrial wastewater processing, laboratory analysis, and waste management consulting. The company also provides engineering, transportation and agency, and incineration services, and acts as an agent for the treatment of industrial, hazardous, and non-hazardous waste. In addition, it generates and distributes electricity and produces and distributes processed fuel for electricity generation and for use as a combined fuel in industrial furnaces. The company was incorporated in 1997 and is headquartered in Bangkok, Thailand.
SEC urges ETC shareholders to cast decisive vote on 330 million baht BWC share purchase after IFA flags price as significantly overvalued
The Securities and Exchange Commission (SEC) is asking shareholders of Earth Tech Environment Public Company Limited [ETC] to study the information and exercise their voting rights at the first extraordinary general meeting of shareholders for 2026, to be held on 6 October 2026, regarding ETC's plan to purchase shares of Better Waste Care Company Limited (BWC) from Better World Green Public Company Limited [BWG], BWC's major shareholder. The deal covers 2,998,800 shares at 110.04 baht per share, for a total value of 330 million baht. The independent financial advisor (IFA) is of the view that shareholders should not approve the transaction because the purchase price is significantly higher than the fair value of BWC. The IFA assessed the value of the investment in BWC using the discounted cash flow (DCF) method at 252.87 to 295.38 million baht, or 11.77 to 30.56 percent below the transaction price. ETC's board of directors and audit committee, however, see the purchase of BWC shares as necessary, reasonable and beneficial in the long term, helping to diversify risk from the power generation business into the industrial waste treatment, disposal and rehabilitation business, and say the price is based on an Adjusted Book Value valuation, which is appropriate because it references the actual asset value in the financial statements. This transaction qualifies as a connected transaction of a listed company and must be approved by the shareholders' meeting with votes of no less than three-quarters of the total votes of shareholders attending the meeting and entitled to vote, excluding shareholders with a stake in the matter. And because the IFA deems the transaction inadvisable, there must be no opposing shareholders representing 10 percent or more of total voting rights. Anek Yuyuen, deputy secretary-general and spokesman of the SEC, said that under the new connected transaction rules, if there is a transaction that the audit committee or the IFA does not agree with, shareholders will be given the opportunity to block the transaction if there are objections from 10 percent of eligible voters attending the meeting, an important mechanism for increasing shareholder protection. The rules took effect on 1 July 2026.
ETC.BK · Capital · Negative ETC's proposed 330 million baht purchase of BWC shares is deemed inadvisable by the IFA because the price is 11.77-30.56% above DCF fair value, and the deal requires shareholder approval.
Better Waste Care · Capital · Neutral BWC is the target of the share purchase; the IFA values it below the transaction price, but the article gives no standalone impact on BWC.
BWG.BK · Capital · Neutral BWG is the major shareholder selling its BWC stake at 330 million baht, a price the IFA flags as significantly above fair value, but the article does not state the impact on BWG itself.
BWG and AKP Join Forces to Destroy 2 Million Counterfeit Items Worth 2 Billion Baht
Better World Green Public Company Limited, or BWG, and Akkhie Prakarn Public Company Limited, or AKP, joined hands to support the government at the annual ceremony to destroy seized items in finalized intellectual property infringement cases for the year 2026, organized by the Department of Intellectual Property under the Ministry of Commerce together with the Royal Thai Police, the Customs Department, and the Department of Special Investigation. The event was held at the reserve training ground of the 1st Air Defense Artillery Battalion, 7th Regiment, Air Defense Command, Royal Thai Army, in Don Mueang District, Bangkok, with Dr. Piyanuch Wuttisorn, Assistant Minister to the Ministry of Commerce, presiding over the ceremony. The seized items destroyed this year totaled 2,085,705 pieces, representing economic damage of more than 2.145 billion baht, an increase of more than 36.45 percent from the previous year, covering consumer goods, clothing, bags, electronic devices, automotive parts, as well as sensitive product groups such as counterfeit drugs, medical supplies, and cosmetics. The group of companies was entrusted with responsibility for the entire disposal process under the ISO 14001:2015 environmental management standard system. General, non-hazardous seized goods will be sent to the renewable energy center at Nakhon Luang Industrial Estate in Phra Nakhon Si Ayutthaya Province to be crushed and shredded, completely destroying their condition before being processed into industrial refuse-derived fuel, or RDF, to feed the power plant of Recovery House Company Limited, part of the Earth Tech Environment Public Company Limited group. Meanwhile, seized items in the chemical, drug, medical supply, and counterfeit cosmetics groups will be sent to the high-temperature incinerator industrial waste disposal management center of Akkhie Prakarn Public Company Limited at Bang Pu Industrial Estate in Samut Prakan Province, which uses specialized incinerator technology controlling temperatures above 1,000 to 1,200 degrees Celsius, along with air pollution treatment systems and a real-time air quality monitoring system, or CEMS, to ensure complete combustion with no residue, no odor, and no impact on the environment or surrounding communities.
AKP.BK · Demand · Positive AKP was entrusted with the disposal of 2 million seized counterfeit items, a concrete service contract/order.
BWG.BK · Demand · Positive BWG was entrusted with the full disposal process for the seized goods, a concrete service engagement.
ETC.BK · Demand · Positive Its subsidiary Recovery House will receive the processed RDF to feed its power plant, a demand boost from the disposal program.
Better World Green Public Company Limited (BWG) has approved the sale of all its shares in Better West Care Company Limited (BWC), totaling 2,998,800 shares or 99.96%, to Earth Tech Environment Public Company Limited (ETC) at a price of 110.04 baht per share, with a total value of approximately 330 million baht. ETC is a subsidiary in which BWG holds a total of 51.07% directly and indirectly through AKP. The purpose of this sale is to restructure investments and increase liquidity. BWC will remain a subsidiary of BWG through ETC's shareholding. The transaction is expected to be completed by October 2026.
BWG appeals partial shutdown order, stresses 29 years of good community coexistence
Better World Green Public Company Limited, or BWG, has appealed an order from the Department of Industrial Works to partially suspend operations, pointing out that the order may have resulted from unnatural public pressure that does not align with the facts. On the occasion of its 29th anniversary, BWG reaffirmed its role as a legal industrial waste manager operating under a licensing system and state supervision, while enhancing transparency and accountability. The company continues to hold a corporate credit rating of BBB with a stable outlook from TRIS Rating. BWG stated that the incident began with a drone clip posted online after heavy rain caused sediment in front of a weir, which was then amplified by online pages and certain politicians without ever requesting information or conducting an on-site inspection of the company.
BWG joins hands with Prasat Thong Municipality to launch Send Waste Home project
Better World Green Public Company Limited, or BWG, signed a memorandum of understanding with Prasat Thong Subdistrict Municipality to launch the Send Waste Home project on June 30, 2026, aiming for comprehensive orphan waste management based on circular economy principles. Mr. Chaiyapruek Thongpiam, manager of the renewable energy center from BWG, and Mr. Yutthana Konthong, mayor of Prasat Thong Subdistrict Municipality, jointly announced their intention to transform community waste management, focusing on reducing landfill and recovering resource value. BWG will provide knowledge, technology, and experience to enhance waste management efficiency, with the goal of becoming a model for private-local cooperation in driving environmental policy and reducing greenhouse gas emissions.
Thailand