Prima Marine Public Company Limited (SET: PRM) has informed the Stock Exchange of Thailand regarding the establishment of a new subsidiary “TMS Offshore Ventures Inc.” in the Republic of Panama.
TMS Offshore Ventures Inc., is an investment company with a goal of investing in transportation service and services to support offshore exploration and petroleum production.
The subsidiary has registered capital of $100,000 (approx. THB 3.4 million) divided into 1,000 ordinary shares with the par value of $100 each, with Prima Marine holding 100% of the total issued and paid up shares.
