M.K. Real Estate Development Public Company Limited (SET: MK) announced that today (December 14, 2021) the company has established a new subsidiary company, S 71 Property Co., Ltd., with a registered capital of THB650,000,000, divided into 6,500,000 ordinary shares at a par value of THB100.
The subsidiary establishment’s purpose is to develop real estate. MK will own 100% of S 71 Property Co., Ltd.