PTT: OR IPO – together for the greater growth

PTT Oil and Retail Business (OR), an oil and retail company, increased brand awareness in Thailand with a campaign that focused on inclusivity and collaboration.

In early 2021, amid the pandemic and an economic slowdown, PTT Oil and Retail Business Plc. (OR), Thailand's No.1 oil and retail company, decided to launch its IPO. The company had an ambitious goal: to raise US$1.57 billion funds for their business expansion and working capital reserves. With the unique business model "RETAILING BEYOND FUEL", OR aimed to grow its three core business groups: oil, non-oil, and international business. The company was already the market leader in oil & gas retail, with over 2,500 PTT stations, as well as a leader in lubricant products, and successfully operated the Café Amazon,...

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