The Board of Directors of Megachem Limited announced that Megachem Thailand has incorporated Megachem Plus Limited with an initial registered capital of THB 155,000,000. The company, through its shareholding in Megachem Thailand, has an indirect equity interest of approximately 28.95% in Megachem Plus Limited. Chew Choon Tee, Executive Chairman and Chief Executive Officer, and Mr. Tan Bock Chia, Executive Director of the company, are also directors on the board of Megachem Plus Limited.