The Board of Directors' Meeting of Prima Marine Public Company Limited held on 12 November 2020 has passed the resolution to approve the establishment of a new subsidiary in Thailand named "Phurich Marine Company Limited" with registered date as within November 2020, type of business as Marine transportation of petroleum products with registered capital of THB 1,000,000 divided into 10,000 shares at the par value of THB 100 per each.