Planet Communications Asia Public Company Limited informed that the Board of Directors Meeting on 24 December has considered and approved to establish the Company's new subsidiary as following details: Name of the Company: Planet Cyber Company Limited. Type of Business: Buying, selling, designing, installation, and aftersales services for Cyber Security system products to public and private sectors. Address (Head Office): 157 Soi Ramindra 34, Ramindra Road, Kwang Tharang, Bangkok 10230. Directors: 1. Mr. Prapat Rathlertkarn, 2. Mr. Trevor John Thompson Registered Capital: THB 5,000,000 divided into 500,000 ordinary shares with the par value of THB 10 and THB 5,000,000 will be paid as initial paid-up capital equivalents to 100% of registered capital.