SENA’s Shares Hike after the New Subsidiary Establishment
SENA has established a new subsidiary to facilitate the development of real estate company in the future.
Sena Development Public Company Limited (SENA) has informed the Stock Exchange of Thailand that its Board of Directors has approved the establishment of a new subsidiary, Sena Development A 12 Ltd (‘SENA A 12’) in order to facilitate the development of real estate company in the future.
SENA has registered capital of SENA A 12 at 999,700 baht, and will hold 99.97% stake. The capital circulated from business operation has been used as a source of fund.
SENA’s shares has risen in the morning session (10:15 A.M.) to ฿3.74/share, up ฿0.02 or 0.54% with 450,000 baht in value.