The Company has invested in six subsidiary companies both direct and indirect shareholding exceeding 50 percent of the paid-up capital, in one associated company with a direct shareholding of 49 percent of the paid-up capital, and another associated company with direct shareholding of 10 percent of the paid-up shares according to the investment structure and profile of each company as at December 31, 2023 below.
Details of Subsidiary Company Registered in Thailand
| THAI AGRO ENERGY PUBLIC CO., LTD. | |
| Location: | 888/114 Mahathun Plaza Building, 11th Floor, Ploenchit Road, Lumpini, Pathumwan, Bangkok 10330 Tel.: 02-627-3890-94, Fax: 02-627-3888-89 |
| Type of Business: | Listed company in the Stock Exchange of Thailand with a business of Production and Distribution of Ethanol-for-Fuel (99.5% Anhydrous Alcohol by volume) The ethanol is a clean fuel used in 10%, 20% and 85% mixture as Gasohol E10, E20 and E85 for automobiles. |
| Registered Capital: | 1,000,000,000 ordinary shares at Baht 1 per share totaling Baht 1,000,000,000 |
| Paid-up Capital: | 1,000,000,000 ordinary shares at Baht 1 per share totaling Baht 1,000,000,000 |
| Company’s Shareholding: | 510,000,000 ordinary shares at Baht 1 per share totaling Baht 510,000,000 |
| Shareholding Proportion: | Direct shareholding of 51 percent of paid up capital |
| LANNA POWER GENERATION CO., LTD. | |
| Location: | 888/98 Mahathun Plaza Building, 9th Floor, Ploenchit Road, Lumpini, Pathumwan, Bangkok 10330 Tel.: 02-252-4469, Fax: 02-255-2676 |
| Type of Business: | Investment and service in renewable energy business |
| Registered Capital: | 60,000,000 ordinary shares at Baht 5 per share totaling Baht 300,000,000 |
| Paid-up Capital: | 60,000,000 ordinary shares at Baht 5 per share totaling Baht 300,000,000 |
| Company’s Shareholding: | 59,999,910 ordinary shares at Baht 5 per share totaling Baht 299,999,560 |
| Shareholding Proportion: | Direct shareholding of 99.99985 percent of the paid-up capital |
Details of Associated Company Registered in Singapore
| UNITED BULK SHIPPING PTE. LTD. | |
| Location: | 7 Temasek Boulevard #16-01, Suntec Tower One, Singapore 038987 Tel.: (65) 6305-7368, Fax: (65) 6238-1301 |
| Type of Business: | Ocean Freight Shipping |
| Registered Capital: | 1,000,000 ordinary shares at USD 0.71429 per share totaling USD 714,290 |
| Paid-up Capital: | 100,000 ordinary shares at USD 0.71429 per share totaling USD 71,429 |
| Company’s Shareholding: | 49,000 ordinary shares at USD 0.71429 per share totaling USD 35,000 |
| Shareholding Proportion: | Direct shareholding of 49 percent of the paid-up capital |
Details of Subsidiary Companies Registered in Indonesia
| PT. SINGLURUS PRATAMA | |
| Location: | Sentral Senayan I, 5th Floor, Unit 105B, Jl. Asia Afrika No.8, Gelora Bung Karno Jakarta Pusat 10270, Indonesia Tel.: 62(21) 572-5725 |
| Type of Business: | Coal Production and Distribution |
| Registered Capital: | 10,500 ordinary shares at Indonesian Rupiah 1,000,000 per share totaling Indonesian Rupiah 10,500,000,000 |
| Paid-up Capital: | 10,500 ordinary shares at Indonesian Rupiah 1,000,000 per share totaling Indonesian Rupiah 10,500,000,000 |
| Company’s Shareholding: | 6,825 ordinary shares at Indonesian Rupiah 1,000,000 per share totaling Indonesian Rupiah 6,825,000,000 |
| Shareholding Proportion: | Direct shareholding of 65 percent of the paid-up capital |
| PT. LANNA HARITA INDONESIA | |
| Location: | Sentral Senayan I, 5th Floor, Unit 105B, Jl. Asia Afrika No.8, Gelora Bung Karno Jakarta Pusat 10270, Indonesia Tel.: 62(21) 572-5727 |
| Type of Business: | Coal Production and Distribution |
| Registered Capital: | 10,500 ordinary shares at USD 1,000 per share totaling USD 10,500,000 |
| Paid-up Capital: | 8,000 ordinary shares at USD 1,000 per share totaling USD 8,000,000 |
| Company’s Shareholding: | 4,400 ordinary shares at USD 1,000 per share totaling USD 4,400,000 |
| Shareholding Proportion: | Direct shareholding of 55 percent of the paid-up capital |
| PT. PESONA KHATULISTIWA NUSANTARA | |
| Location: | Equity Tower, 29th Floor, Jl. Jend Sudirman, Kav 52-53 SCBD Lot 9, Senayan, Kebayoran Baru, Jakarta Selatan 12190 Indonesia Tel.: 62(21) 515-1591, Fax: 62(21) 515-5363 |
| Type of Business: | Coal Production and Distribution |
| Registered Capital: | 615,546,524 ordinary shares totaling USD 40,911,071 |
| Paid-up Capital: | 615,546,524 ordinary shares totaling USD 40,911,071 |
| Company’s Shareholding: | 61,554,652 ordinary shares totaling USD 1,817,431 |
| Shareholding Proportion: | Direct shareholding of 10 percent of the paid-up shares |
