The Erawan Group Public Company Limited (SET: ERW) has informed the Stock Exchange of Thailand that its subsidiary, Erawan Philippines (BGC), Inc., established in the Republic of the Philippines, in which the Company indirectly holds 100% of the shares through Hop Inn Hotel Philippines, Inc., with a registered and paid-up capital of 17,500,000 (seventeen million and five hundred thousand) Philippine Pesos, has completed its registration of liquidation and settlement of accounts in accordance with the laws of the Republic of the Philippines on 22 August 2025.
The liquidation of the subsidiary does not have any impact on the operations of the Company and other subsidiaries, as the subsidiary has not been conducting any operations.