BTS Group Holdings Public Company Limited has incorporated a new subsidiary, Turtle 23 Company Limited. Type of Business is to engage in investment in securities of other companies and/or invest in food and beverage business, including restaurant and other related businesses. The Company plans to create business synergy with other businesses of BTS Group, e.g. media business and/or services business, in order to enhance the efficiency of production, management, marketing, etc. Initial Capital and Shares: THB 350,000,000 divided into 3,500,000 ordinary shares with the par value of THB 100 each. Shareholding Structure: The company holds 100% shares. Source of Fund: Working capital of the company. Board of Directors' Structure: The Board of Directors consists of 3 members, (1) Mr. Kavin Kanjanapas, (2) Mr. Kong Chi Keung, and (3) Mr. Rangsin Kritalug.