ASW Establishes New Subsidiary to Provide Consultant for Property Purchases

Assetwise Public Company Limited (SET: ASW) has informed the Stock Exchange of Thailand that the Board of Directors Meeting of Rhom Bho Property Public Company Limited (TITLE) No.9/2024 held on November 6,2024 passed a resolution approving the establishment new subsidiary company Wealthon Co., Ltd.

Wealthon Co., Ltd., is a service provider and consultant for property purchases and leaseholds by TITLE in the southern region. The company has a registered capital of THB 1 million consisting of 10,000 ordinary shares with a par value of THB 100 Baht each and 99% of the company would be held by Rhom Bho Property.

Wealthon Co., Ltd., incorporation date is scheduled to be within November 2024.