Regional Container Lines Forms New Step-Down Subsidiary
MT Newswires Live
Sep 21
Regional Container Lines's (SET:RCL) has incorporated a step-down subsidiary named RCL South Asia Connect to support its business growth, according to a Friday filing to the Thai stock exchange.
The company's Singapore-based wholly-owned subsidiary, RCL Feeder, holds a 100% stake in the new entity.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.