YKGI Holdings Berhad announced that two new subsidiaries were incorporated on 10 January 2014 in the Kingdom of Thailand. Those are 1) YKGI (Thai) Co. Ltd. with paid-up share capital of 50,000 shares of THB 100 each, out of which THB 40 per share has been paid up; 2) YKGI (Thai) Steel Co Ltd. with paid-up share capital of 20,000 shares of THB 100 each, out of which THB 25 per share has been paid up.