VGI Public Company Limited announced that October 20, 2023, the company has incorporated a new subsidiary with details as follow: company name: RABBIT CARE (SINGAPORE) PTE. LTD.; Type of business: Management Consultancy Services; Source of fund: Working capital; Registered Capital and No. of Shares: SGD 1; Board of Directors' Structure: Mr. Michael Manfred Steibl, Mr. Chayapat Sakulrompochai and Mr. CHEN JIANQUAN.

Business Benefit: To strengthen the business and increase an income of the company on a long-term basis.