NCL International Logistics Public Company Limited had the resolution of the Board of Director's Meeting No. 2/2022 held on 24 February 2022 to establish new subsidiary. In this regard, in order to support business expansion and strengthen financial status to be suitable for future business operations the Board of Director's Meeting No.

4/2022 held on 22 June 2022 approved to increase the registered capital to THB 10,000,000. The detail are as follows: Subsidiary registration date: In process, Name of the subsidiary: In process, Investment objectives: Procurement and Fulfillment Service, Registered capital: THB 10,000,000, Number of shares: 100,000 shares, Par Value: THB 100 per share, Investment proportion: NCL International Logistics Public Company Limited 100%, Source of funds: The Company cash flow from the Company.