Ms. Yupapin Wangwiwat, Chief Financial Officer of the Company Gulf Energy Development Public Company Limited or GULF revealed that from Gulf Innova Company Limited (“Gulf Innova”), a subsidiary that the Company Holding shares in the proportion of 100%, signed a shareholder agreement (Shareholders’ Agreement) with Binance Capital Management Co., Ltd. (“Binance Capital Management”)
The objective is to establish a joint venture company to operate a trading center business.digital assetsin Thailand and other related businesses
However, on May 17, 2022, the company was established.Gulf BinanceLimited (“Gulf Binance), which is a joint venture in which Gulf Innova and Binance Capital Management hold 51 percent and 49 percent, respectively.
with a registered capital of 1 million baht. Gulf Binance will proceed to apply for a trading center licensedigital assets Digital Asset Brokerage Business License and other licenses with relevant agencies
refer : LINK
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