Thoresen Thai Agencies Public Company Limited has established a new subsidiary company, details of which are as follows: Name of the Company: Thoresen FSO Co. Ltd. ("TFSO"); Country of Incorporation: Thailand, Date of incorporation: 22 December 2021. Type of Primary Business: Floating Storage and Offloading. Registered and Paid-up Capital: THB 1,000,000. Total Investment of TTA: THB 1,000,000.