Pico (Thailand)'s board of directors has approved a decrease in the company's registered capital from Bt115 million to Bt114,999,980 by eliminating 20 registered but unissued shares, followed by an increase in registered capital from Bt114,999,980 to Bt17
The board also approved a Bt399,800 investment to buy 19.99 per cent of Asian Exhibition Services and sold all 4,000 shares in DesignLab MISC Co, an associated company, for a total cost of Bt399,900.