WHA Enters into a Joint Venture to Develop and Operate an Innovation Project in Thailand

WHA Corporation Public Company Limited (WHA) announced that WHA Industrial Development Public Company Limited, WHA’s subsidiary held indirectly by WHA Venture Holding Company Limited, has completed the establishment of a subsidiary in Thailand for Joint Venture with Yunnan Tus Industry and Commerce Development Co., Ltd., of which the objective is to develop and operate an innovation project in Thailand.

In regard to shareholding proportion, WHA Industrial Development holds 51% of total shares and Yunnan Tus Industry and Commerce Development holds 49% of total shares.