Minor International Pcl. (SET: MINT) announced on Friday new investments, including the formation of a fresh subsidiary, AVC Timeshare L.L.C., and the acquisition of Verita MHG Company Limited.
In July, the company established a new subsidiary, AVC Timeshare L.L.C, whereby MINT holds 100% of the total shares, with a registered capital of AED300,000, or approximately THB2.7 million.
The establishment’s purpose is to engage in timeshare operations.
In the meantime, M Spa International Limited, a wholly-owned subsidiary of MINT, has acquired Verita MHG Company Limited from Verita Healthcare Pte. Ltd. for a total of THB7.2 million.
The investment’s purpose is to own and operate a healthcare business.