OR Successfully Establishes “Orbit Digital Co.” to Strengthen Technological Capabilities
OR successfully established "Orbit Digital Co." to strengthen technological and innovative capabilities as well as competitiveness and increase value through digital business development.
PTT Oil and Retail Business Public Company Limited (OR) announced that the Board of Directors at the meeting 17 February 2021 passed the resolution of the establishment of ORBIT Digital Company Limited, which is a joint venture between Modulus Venture Company Limited (Modulus), wholly owned by PTTOR Holding Company Limited (OR Holdings), and Bluebik Group Public Company Limited (Bluebik). The ORBIT Digital Company Limited, with the initial registered capital of THB100,000, is 40% stake held by Modulus and 60% stake held by Bluebik. The objective of the ORBIT Digital Company Limited is to enhance technological and innovative capabilities as well as competitiveness and increase value through digital business development. The ORBIT Digital Company Limited completed its registration on 11 May 2021.