B.Grimm Power Public Company Limited ('B.Grimm Power') announced that B.Grimm Power Holding (Singapore) Pte. Ltd., 100% subsidiary of B.Grimm Power, has established a new subsidiary in Hong Kong, details are as follows: Name of the company: B.Grimm Power Holding (Hong Kong) Limited, Registered capital: USD 50,000 (equivalent to THB 1,792,065) divided into 50,000 shares par value of USD 1 per share. Purpose: A Holding Company.

Source of funds: B.Grimm Power Holding (Singapore) Pte. Ltd.'s working capital.