2011

The Company established VV Décor Co., Ltd. (V V-Décor) as a subsidiary and the Company holds 99.95% of shares with registered capital of 1,000,000 Baht (One Million Baht Only).VV Décor was established to be a trading company for ECF as a supplier of foil paper to some of the Company’s clients. The Company increased its registered capital from Baht 90,000,000 to Baht 100,000,000 (One Hundred Million Baht Only).