Page 21 - BTSGroup ONE REPORT 2021/22_EN

BTS Group Holdings Public Company Limited 1.5 Important Events during the Past Three Years 19
Annual Report 2021/22

2019 2020
March January
• VGI established a joint venture named VGI AnyMind Technology Company • The issuance of Master Ad PCL (MACO)’s newly issued shares to PlanB at
Limited, a joint venture between AdAsia Holdings and others (51%) and 1,080mn shares has diluted VGI’s shareholding in MACO from 33.17% to
VGI (49%) - to leverage technology with digital Out-of-Home (OOH) media 26.55%. Furthermore, VGI has reduced representatives in MACO’s Board
to provide dynamic and highly targeted ads offline and online. of Directors to 2 out of 7 persons; thus, resulted in the change of MACO’s
• VGI acquired 18.6% stake in Plan B Media PCL (PlanB), Thailand’s leading status from a subsidiary to an associate company of VGI.
OOH advertising media provider.
2021
April – May March – April
• VGI acquired 25% in Ads Chao Phraya Company Limited, an outdoor • Rabbit Care Company Limited (formerly known as Rabbit Internet Company
media provider on boats and ports along Chao Phraya River. Limited), a subsidiary of VGI, expanded its insurance brokerage business
• VGI jointly established V-Click Technology Company Limited - a joint by investing 100% in Asia Direct Insurance Broker Company Limited,
venture between iClick Interactive Asia Group Limited (49%), VGI (30%) and an online and tele-sales motor insurance broker.
others (21%) - to capture advertising opportunities in the Chinese consumer • BSS Holdings Company Limited (BSSH), a subsidiary of VGI, entered into
market. an agreement to form a joint venture named Rabbit Cash Company Limited
(RCash) between BSSH (77%), AEON Thana Sinsap (Thailand) PCL (18%)
August and Humanica PCL (Humanica) (5%) – to leverage from VGI Group’s data
and technology with partnerships’ network to create an easy and safe
• VGI jointly established SLV Retail Company Limited (SLV) – a joint venture solutions for consumer to access funding. Rabbit Cash aims to launch
between SAHA Lawson Company Limited (60%), VGI (30%) and SAHA a welfare loan for interested employees under Humanica management
Pathana Inter-Holding PCL (10%) – to operate Lawson 108 convenience for over 700,000 people and expects to develop other financial products
stores along our mass transit platform as well as offering Rabbit card and within 2022.
Rabbit LINE Pay as an option for cashless payments.
• VGI, through BSSH successfully acquired 51.0% in Fanslink
Communication Company Limited (Fanslink), an Omni-channel
e-Commerce service provider and leading brand management for Chinese
brands. This partnership will be a major opportunity for both companies to
broaden their business capabilities.