Thai Meals Group Transforms Alena Growth into Subsidiary with 88.18% Stake to Bolster Actual Property Ventures

Mr. Winai Tiewsomboonkit The Chief Government Officer of Thai Meals Group Public Firm Restricted (TFG) has knowledgeable via the Inventory Trade of Thailand that on August 14, 2024, the corporate elevated its capital from working capital to Alena Growth Firm Restricted (related firm. capital), which resulted in a change of standing from an related firm to a subsidiary of the Firm.

Alena Growth Firm Restricted is an organization engaged in actual property growth actions akin to shopping for, promoting, promoting, accepting mortgages and brokering all varieties of properties.

The efficient date for changing into a subsidiary is August 14, 2024 with a registered capital of 550,000,000 baht, divided into 5,500,000 odd shares with a nominal worth of 100 baht per share and a paid-up share capital of 550,000,000 baht (totally paid).

TFG Firm holds 4,850,000 shares, representing 88.18% of the share capital, Sirakorn Public Firm Restricted holds 10% of the share capital. and eight people maintain shares representing 1.82% of the share capital.

Anticipated advantages from the funding to assist the enlargement of economic channels and enhance the sources of earnings for the corporate.