Saintmed Public Company Limited (SET: SMD) has informed the Stock Exchange of Thailand that the company’s Board of Director Meeting No.8/2024 held on 13 November 2024 has resulted in the following resolution.
1.) The approval of change to company’s name, and stock symbol as followed
- Saintmed Public Company Limited would be change to SMD Rise Public Company Limited
- Stock symbol would be change from SMD to SMDRISE
2.) The establishment of a subsidiary company SMD Genesis Company Limited with an objective of importing and distributing medical products, and increasing the company’s operational agility and competitive potential.
The subsidiary will have a registered capital of THB 10 million consisting of 10 million shares, and Saintmed will hold 100% of the share. Currently the subsidiary has not started operations yet.
