JPARK announced the establishment of a wholly-owned subsidiary with registered capital not exceeding 10 million baht to provide consulting services and invest in new businesses. The registration is expected to be completed by September 2026, with commercial revenue recognition beginning in the first quarter of 2028. Mr. Santipol Jenwattanapaisal, Chief Executive Officer, revealed that the company's board approved the establishment on February 20, 2026, and the executive committee considered the matter on August 19, 2026. The subsidiary will have registered capital not exceeding 10 million baht, divided into no more than 100,000 ordinary shares with a par value of 100 baht per share. It will have two directors: Mr. Santipol Jenwattanapaisal and Mr. Sudwin Panyawongkanti. Funding will come from working capital and loans from financial institutions. This transaction does not constitute a connected transaction and is exempt under the criteria for significant transactions.
Jenkongklai PCLCompany establishes subsidiary for new business, but impact unclear as revenue starts in 2028.
