Asian Sea Corporation Public Company Limited (SET: ASIAN) has announced that the Board of Directors resolved to approve the establishment of Asian Wellness Residence Company Limited, a subsidiary of the company, to operate an investment by holding shares in projects related to hotels, Service Apartments, Condominiums and Villas.
ASIAN’s main business is to engage in distribution and exports of processed frozen seafood under its own brands and OEM brand. The announcement to advance in the property sector could be a diversification for the company.