Karmarts Public Company Limited and Miss Grand International Public Company Limited announced establishment of the Subsidiary Company. Name of the new subsidiary: KMGI Company Limited Type of business: Wholesale and retail business of cosmetics Transaction objectives: To jointly develop brands, cosmetics, and skincare products under the Trademarks "Face it" and "BEAUTILOZ" for domestic and international distribution driven by marketing efforts led by both national and international pageant contestants or other resources offered by Miss Grand International Public Company Limited .