RPC Secures PTEC-BSRC Case Victory as Court Upholds Dismissal, Set to Book 362 Million Baht in Q3 Revenue

Kaohoon··TH·Read original
3▲1 ▼0Impact / 5
Summary · why it matters

RPCG Public Company Limited, or RPC, informed the Stock Exchange of Thailand that its Board of Directors, at its 5/2026 meeting held on October 6, 2026, resolved to acknowledge the ruling in the case between Pure Energy Thai Company Limited, or PTEC, a core company of RPCG, and Bangchak Sriracha Public Company Limited, or BSRC. The case stemmed from PTEC's prior fuel purchase and sale agreement and its use of the ESSO trademark with Esso (Thailand) Public Company Limited for 79 of PTEC's fuel service stations. Later, on August 31, 2023, the contracting parties underwent a change in major shareholder structure, resulting in the trademark changing from ESSO to Bangchak and the company being renamed BSRC. On July 9, 2024, PTEC sent a notice of contract termination, but the counterparty rejected it and filed suit against PTEC on grounds of breach or violation of the business cooperation agreement. On May 26, 2025, the Central Intellectual Property and International Trade Court issued a judgment dismissing the case, and on July 8, 2026, the Specialized Appeal Court upheld the lower court's ruling, before the Central Intellectual Property and International Trade Court issued a certificate of finality dated September 8, 2026. As a result of the case, PTEC must recognize income from support payments under the business cooperation agreement amounting to 362 million baht in its third-quarter 2026 financial statements, a significant item affecting the company's operating results for that period.

Impact on assets 1

Synthetic Biology (non-pharma)▲ · 1 stocks
RPCG Public Company Limited
RPC
▲ PositiveCapitalrelevance

Court victory in PTEC-BSRC case lets RPC's core company PTEC recognize 362 million baht in Q3 2026 income, boosting operating results.

Off-coverage companies 2

Pure Thai Energy Co., Ltd.Private▲ Positive
Capitalrelevance

PTEC won final court dismissal of BSRC's suit and will book 362 million baht in support-payment income in Q3 2026.

Bangchak Sriracha Public Company LimitedPrivate▼ Negative
Regulationrelevance

BSRC lost the case as courts upheld dismissal of its breach-of-agreement suit against PTEC, ending its claim over the fuel station cooperation contract.

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