PM GROUP COMPANY LIMITED

ASSOCIATE COMPANIES

Under the leadership of Chairman Mr. Prayudh Mahagitsiri, PM Group manages the businesses of various subsidiaries with assets valued over USD 2 billion. The company also holds a stake in Thoresen Thai Agencies PLC, a strategic investment holding company with three primary business groups - Transport, Energy, and Infrastructure, as well as many other associate companies such as POSCO Thainox PLC and Mermaid Maritime PLC.

THORESEN SHIPPING

Thoresen Shipping is the dry bulk shipping arm of TTA. The business operates under wholly-owned subsidiaries of TTA – Thoresen Shipping Singapore Pte. Ltd. (“TSS”) and Thoresen & Co., (Bangkok) Ltd. (“TCB”). In January 2013, Thoresen Shipping unveiled Thoresen Shipping Denmark Aps. (“TSD”), with its chartering office in Copenhagen, Denmark, to serve the needs of clients with cargos in the Atlantic and the Mediterranean regions.