Earth Tech Environment Company Limited has established 2 new subsidiaries. The objective of the establishments of 2 new subsidiaries is to prepare for submission of electricity selling request to the Energy Regulatory Commission (ERC) following ERC notification on 'The Purchase of Electricity from Industrial Waste under Feed-in Tariff (FiT) for Electricity Purchase from Renewable Energy 2015 ­ 2019' dated 9th August 2016, including any electricity selling request to be submitted to the ERC in the future (if any). Details of the subsidiaries are: The company established Ava Grand Energy Company Limited to operate in renewable power plant business, with register capital o THB 50,000,000, consisted of 5,000,000 ordinary shares with a par value of THB 10 each. The second company is Siri Lapha Power Company Limited to operate in renewable power plant business with registered capital of THB 50,000,000, consisted of 5,000,000 ordinary shares with a par value of THB 10 each.