The new subsidiary is named CPF (Thailand) Plc with registered and paid-up capital of Bt7 billion or 7 billion common shares. Its par value is Bt1 apiece. CPF holds 99.98 per cent of CPF (Thailand).
MCS STEEL has increased its holding in Xiamen Factory from 19.78 per cent to 80 per cent. Total increased investment amounted to US$1.9 million (Bt59 million).