BBGI listing for biotech fundsAn view of Bangchak's oil refinery facility, which is located in Bangkok's Phra Khanong area. Funds raised from the IPO will support BBGI's development of food, cosmetics and pharmaceutical products under its plan to add value to its biofuel business. BCP injected 800 million baht under series B financing into Manus Bio through BBGI. Manus Bio and BBGI formed a joint venture to set up Win Ingredients to develop biotechnology business in Thailand. In the cosmetics segment, BBGI imports face lotion, based on astaxanthin ingredients, for sale.

Source: Bangkok Post August 30, 2021 23:26 UTC