Page 269 - BTSGroup ONE REPORT 2021/22_EN

BTS Group Holdings Public Company Limited 6.4 Notes to Consolidated Financial Statements 267
Annual Report 2021/22

15. Investments in joint ventures

15.1 Details of investments in joint ventures
(Unit: Thousand Baht)
Consolidated f nancial Separate f nancial
statements statements
Company’s name Nature of business Country of Shareholding Carrying amounts based on Cost
incorporation percentage equity method
2022 2021 2022 2021 2022 2021
Man Food Holdings Co., Ltd. Restaurants and food service Thailand 41.18 41.18 181,320 182,059 - 103,565
BGSR 6 Co., Ltd. Operation and maintenance of civil Thailand 40.00 40.00 398,267 400,211 400,000 400,000
works and collection system
BGSR 81 Co., Ltd. Operation and maintenance of civil Thailand 40.00 40.00 338,168 340,174 340,000 340,000
works and collection system
ATS Rabbit Special Purpose Special purpose vehicle for the Thailand 51.00 51.00 22 22 - -
Vehicle Co., Ltd. securitisation project
Rabbit-LINE Pay Co., Ltd. Accepting electronic and online Thailand 33.33 33.33 282,589 337,580 - -
payments
The ICON VGI Co., Ltd. Management of advertising media in Thailand 25.00 25.00 1,558 1,580 - -
the mass rapid transit system project
Supremo Media Co., Ltd. Advertising media management Thailand 25.00 25.00 3,795 1,764 - -
BV Media Ads Ltd. Provide Media and public relations Thailand 50.00 50.00 6,478 13,063 - -
services
VGI AnyMind Technology Co., Ltd. Development for outdoor media Thailand 49.00 49.00 4,316 4,413 - -
applications
V-Click Technology Co., Ltd. Distributor of online advertising media in Thailand 30.00 30.00 6,804 8,655 - -
China to serve brand owners in Thailand
and development for mobile applications
SLV Retail Co., Ltd. Convenience stores in mass transit facilities Thailand 30.00 30.00 7,318 5,341 - -
Kinn Ventures Co., Ltd. Restaurants and food service Thailand 34.00 - 17,411 - - -
Total 1,248,046 1,294,862 740,000 843,565