SC Asset Corporation Public Company Limited Announces Establishment of Subsidiary Company
Company would like to inform the additional investment with details as follows. On 22 May 2020, SC Asset Two Company Limited (the Subsidiary) has already registered the increase of registered capital from THB 1,000,000 (One Million) to THB 50,000,000 and increase of registered capital from THB 50,000,000 (Fifty Million Baht) to THB 100,000,000 (One Hundred Million Baht) on 7 June 2023, divided into 10,000,000 ordinary shares with a par value of THB 10 each in order to invest in real estate development sector. Moreover, the shareholding structure has been changed, and Tokyo Tatemono Asia Pte LTD. ("TTA"), which is a Japanese company, has joined in a joint venture with the Company in the Company's subsidiary.