VGI Teams Up with AEONTS-HUMAN to Form a JV “Rabbit Cash” to Provide Lending Services

VGI Public Company Limited (VGI) announced that on March 29, 2021, its subsidiary BSS Holdings Company Limited (BSSH) in which the company holds 90% of the total number of sold shares, has entered into a Joint Venture Agreement with AEON Thana Sinsap (Thailand) Public Company Limited (AEONTS) and Humanica Public Company Limited (HUMAN) to incorporate a joint venture company under the name of “Rabbit Cash Company Limited”.

According to the shareholding structure, BSSH will hold 77%, AEONTS will hold 18% ,and HUMAN will hold 5%. The new joint venture is aimed to provide lending services through digital platforms under the brand of “Rabbit Cash”. The registered capital is Baht 800,000,000 divided into 8,000,000 ordinary shares, with a par value of Baht 100 each.