Thonburi Healthcare Group (BKK:THG) said its board approved the establishment of a new unit dubbed THG Energy, according to a Thursday Thailand Exchange filing.
The subsidiary will have registered capital of 15 million baht and will produce and distribute solar-generated electricity to hospitals and companies within the THG group.
The healthcare company will fund the investment through its working capital, and hold 149,999 of the 150,000 shares, the filing stated.
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