GUNKUL Establishes New Joint Venture Company to Conduct Hemp-Cannabis Business

Gunkul Engineering Public Company Limited (SET: GUNKUL) announced on Wednesday that its Board of Directors has resolved to approve G.K. Hemp Group Company Limited (GKHG), a subsidiary of GUNKUL, to establish a subsidiary with the objective of conducting hemp and cannabis business in the downstream segment with registered capital of 1,000,000.00 baht. 

GUNKUL will hold 100% shares, which is considered an asset acquisition transaction.