United Power of Asia Public Company Limited , held on 23 April 2021, that resolved to approve in-principle that Canna Care Company Limited, a subsidiary of the Company (“Canna Care”) to invest in the newly-issued ordinary shares of Golden Triangle Group Co., Ltd. (the “GTG”) whose business operations are production and distribution of products from cannabis for medical purposes in collaboration with a higher education institution.
Canna Care invested in GTG by purchasing 1,292,960 ordinary shares which equivalent to 14.14 percent of the total number of issued shares of the GTG.
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