In March 2016, we announced our plan to invest approximately THB1.2 billion to expand our business in the AEC. We incorporated TOA Paint (Cambodia) Co., Ltd., TOA Skim Coat (Cambodia) Co., Ltd., and PT TOA Coating Indonesia and on process of registration TOA Coating (Cambodia) Co., Ltd. for the construction of new production plants in Cambodia and Indonesia, and to support the expansion in the production, sales, and marketing of our products. We also incorporated TOA Coating (Myanmar) Co., Ltd. to support the relocation of our Yangon Plant to the Thilawa Special Economic Zone in Myanmar.
We currently have 14 subsidiaries in our group. The following chart outlines our group structure.