Somboon Advance Technology Public Company Limited informed that at the board meeting held on March 23, 2023, approved the company to establish a subsidiary in form of a private limited company under the laws of Thailand. Name of the new company is Somboon Advance Agriculture Co. Ltd. Establishment date is within April 2023.

Registered capital is THB 20,000,000 dividend into 200,000 Ordinary shares with the par value of THB 100 per share.