Pilatus Marine Public Company Limited announced that the Board of Directors Meeting of the Company No. 8/2023, held on 13 November 2023, resolved to approve the establishment of new subsidiary named Pilatus Gas Industry Company Limited. Incorporation Date is Within November 2023.

Objectives: Wholesale distribution of liquefied petroleum gas, petroleum gas station, and gas filling plants. Registered Capital: THB 6,000,000 divided into 60,000 ordinary shares with a par value of THB 100 each. Board of Directors' Structure: 1) Mr. Chaiwat Sakouwjit, 2) Mr. Soonthorn Chursuk, 3) Mr. Varawit Chimtawan, 4) Mr. Thakrit Chimtawan and 5) Mr. Wongnapat Nathathat.

Source of Fund: Working capital of the Company.