Pinthong Industrial Park Public Company Limited announced that the Board of Directors' Meeting No.2/2024 held on May 15, 2024, has resolved to approve the establishment of a new subsidiary. The details are as follows: Established Company's Name: Pinthong Logistics Park Company Limited Registration Date: Within year 2024 Type of business: Real estate management Investment Objectives: To manage the logistics park and recognize the establishment of free zone Registered Capital: THB 60,000,000 divided into 600,000 shares with a par value of THB 100 per share Shareholding Structure: Pinthong Industrial Park Public Company Limited holds 99.99% of the shares. Source of Fund: Working Capital.