Thoresen Thai Agencies Public Company Limited announced that the Company has established a new subsidiary company, details of which are as follows: Name of the Subsidiary: Thoresen Jutal Offshore Engineering Heavy Industries (Thailand) Limited ("TJO")00: Country of Incorporation: Thailand Date of Incorporation: 29 February 2024: Type of Primary Business: Demolition and installation of industrial machinery and equipment, Registered Capital: THB 1,000,000 (One million Baht) Divided into 10,000 ordinary shares, with a par value of THB 100 per share.