ASW Establishes Two New Subsidiaries for Real Estate Development

AssetWise Public Company Limited (SET: ASW) announced that according to the Board of Directors’ Meeting that was held on November 9, 2022, the board had approved the establishment of two new subsidiaries. The details are as follows:

Wise Estate 17 Company Limited and Wise Estate 18 Company Limited have a registered capital of 1,000,000 baht and 10,000 ordinary shares at THB 100 per share, with both companies’ objectives being real estate development.

The shareholding structure is 99.97% held by Assetwise Public Company Limited, which also has an incorporation date of February 24, 2023.