NCL

NCL International Logistics Public Company Limited (“Company” or “NCL”) is a Logistics Provider Solution to register in the Alternative Investment (MAI) on November 11, 2014 . Being well-established for over 20 years, It presently has a registered capital of 120,913,184.50 Baht and paid up registered capital of 106,206,011.25 Baht, which comprises 483,652,738 ordinary shares with a par value of 0.25 Baht per share.

NCL INTER LOGISTICS (S) PTE. LTD. (The "Subsidiary"), which was established on 25 November 2014 with registered capital of 500,000 SGD. In May 2017, NCL SG increased the registered capital to 1 Million SGD to expand logistics business management (Logistics Provider). The company holds shares in proportion of 100 percent.

LG CONTAINER LINES CO., LTD. (the “subsidiary"), the company has invested with Legend Shipping Pte., Ltd. (Singapore) to establish Legend Thailand in March 11, 2016 with registered capital of 1 Million THB. In May 2016, Legend increased the registered capital to 10 million THB to provide international freight forwarding by owned containers itself and act as a representative from overseas principle in the import and export of goods to overseas. The company holds shares in the proportion of 60 percent.

SSK Inter Logistics Co., Ltd. (The "Subsidiary“ or "SSK“) established on January 27, 2016 with registered capital of 1 Million THB. In June 2016, SSK has increased the registered capital of 290 Million THB and On August 31 2017, the shareholder structure was restructured. At present, the registered capital is 168,742,800 THB to operate domestic transport service in the Thailand. The company holds shares in proportion of 75.35 percent.

Grace Waters Med Ltd. (the “Associate Company" or "GWM") was established on August 8, 2016 with registered capital of 5 Million THB, on September 23, 2016 the company invested to purchase ordinary shares in the amount of 8 Million THB and on July 27, 2017 GWM has increased the registered capital of 40 Million THB. GWM manufactures and distributes dialysis related equipment. By this investment, the company foresees that it can add value to the company in the future as well as to diversify the risk to encourage company a return of stability and growth in the future. The company holds shares in proportion of 52.80 percent.

Zim (Thailand) Co., Ltd. (the “Associate Company”) the company has invested with Zim Integrated Shipping Services, Ltd. (“Zim”) to established on September 20, 2017 with registered capital of 10 Million THB to act as a shipping agency for Zim in Thailand. The company holds shares in proportion of 51 percent.