Trin Panyawai entered into a memorandum of agreement to acquire World Award Patong Company Limited from World Corporation Public Company Limited for approximately THB 110 million on May 7, 2021. Under the term, World Corporation Public Company Limited will transfer 0.45 million shares of World Award Patong Company Limited at THB 237.78 per share. As of December 31, 2021, World Award Patong Company Limited reported total assets of CNY 113.93 million, net loss of CNY 11.89 million and equity of CNY 48.11 million. The transaction was approved by the board of director of World Corporation Public Company Limited in the meeting no. 3/2564 held on May 7, 2021. The transaction is expected to close within May 2021. World Corporation Public Company Limited plan to use the proceed to increase the liquidity of the company and to invest for further expansion of the company's business.