SC Asset Corporation Public Company Limited announced that on 11 January 2024, the Company has established a new subsidiary company. Name of Subsidiary Company, SC CD2 Company Limited, Registered Capital, THB 5,000,000 (Five Million), divided into 500,000 ordinary shares with the par value of THB 10 each., Shareholding Ratio, The Company holds the shares in the ratio 99.99%, Objectives, To conduct the business of real estate development, Board of Directors, Mr. Rachod Nantakwang, Miss Namtip Promchua, Mrs. Kanokon Limkumnerd, Source of Funds, Cash flow from the Company's operation, Connected Nature, This transaction is not a connected transaction in accordance with the Notification of the Capital Market Supervisory Board No. TorJor.