PLANB Invests ฿20Mn in “Talent Connect”, Aiming to Expand Its Entertainment Business

Plan B Media Public Company Limited (PLANB) announced that the Board of Directors’ Meeting held on September 16, 2020 has passed the resolutions to approve Master Standard Display Company Limited, the subsidiary which 100% of its total shares are held by the company, and Independent Artist Management Co., Ltd., the subsidiary which 35% of its total shares are held by Master Standard Display Company Limited, to acquire 66.67% of ordinary shares in Talent Connect Company Limited, a company who operates information technology and computer service business activities, with a total investment 20,000,000 baht to expand the business opportunity in entertainment business, e.g., games and information of BNK48 via digital engagement platform.

In addition, the Board of Directors’ Meeting on September 16, 2020 also passed the resolution to approve the disposition of ordinary shares in Golink Online Company Limited, a subsidiary of which its shares are 69.99% by the company, to Mr. Pinijsorn Luechaikajohnpan with a total value of shares disposing of 6,385,202.65 baht.

 

PLANB has subscribed the new ordinary shares in Via Group (Thailand) Co., Ltd., a computer programming service provider who developed the innovation of mobile application (ViaBus) which can help searching for bus lines and routes in real-time as informed to investors and the Stock Exchange of Thailand, on September 14, 2020. As a result, the company is no longer necessary to conduct business in Golink Online Co., Ltd., the creator and developer of software services, providing information on the status of the bus, including the citygo bus timekeeping system.