DITTO cooperates with 6 partners to acquire shares in NETBAY, and move forward with technology to expand the business. DITTO hopes to increase revenue by 30%. ORI looks forward to this investment. It helps to enhance opportunities to create cooperation in digitalization-digitization while TEAMG hopes to increase competitive potential. Bring technology partners towards engineering technology
Mr. Thakorn Ratanakamonphon, CEO of Ditto (Thailand) Public Company Limited or DITTO, revealed the cooperation with business partners to hold shares in Netbay Public Company Limited or NETBAY in order to work together to expand the business. Together, DITTO owns 24.9% of shares in NETBAY. The company expects the stock acquisition this time to result in income growth of approximately 30% over the original.
“DITTO will offer the NETBAY solution to expand the scope of government and private sector customers. We are ready to bring NETBAY products to the local enterprise market together with DITTO products or use them in a Smart Zoo project or create an ESG platform, not ONLY NETBAY BUT WE WILL COOPERATE WITH WHOEVER JOINS PARTNERS.”
Mr. Thakorn said that as for the group of partners joining together this time, it consists of DITTO, NETBAY, Team Consulting Engineering and Management Public Company Limited (TEAMG), Site Corporation Company Limited (SITEM) and Origin Property Public Company Limited (ORI). and SMAPA Information Technology Company (SMAPA).
Mr. Phichit Wiwatrogirapong, CEO of NETBAY, said that the sale of NETBAY shares this time has taken place. It will build confidence for investors. After cooperating with various partners, most of which are larger corporate partnerships. So, we see that this will increase the opportunity. And greater capabilities in the field of technology
“Then, what we have the opportunity to do and develop together is the Digitak exchange center in Thailand, which is a portal through which information can be exchanged. It can be done within the organization and exchanged outside the organization, which is what NETBAY has been doing all along from upstream,” Mr. Phichit said. , to upstream, to downstream, it will help develop customers in a more complete way.”
Ms. Kupkanchana Weeravongpradit, Managing Director of NETBAY, said that the company is the first to develop a digital platform from upstream, midstream and downstream, starting the business model as a Software as a Service (SaaS), including developing it into an interconnection center such as e-logistics platform, payment platform, and services platform. E-Business (for FSI), etc., etc.
For this partnership, DITTO can use iBox with e-signature feature to use in projects or provide services to both public and private sectors. There are also the feature of e-tax invoice, e-receipt, e-KYC and many more e-payment solutions that can provide digital transformation services as one-stop solutions to customers completely and quickly.
Mr. Peerapong Sharon Ek, CEO of ORI, said that the company decided to invest in the equity and join forces with NETBAY, the leading developer of digital business technology platform for e-transactions (Digital Business Services) in Thailand, in a stake of 2.94%. Currently, NETBAY's portfolio covers software as a service , especially the collection of electronic documents, for both the government sector, the business sector and consumers. It has a strong operating performance and the net profit rate has ranged between 36-40% in the past three years and is likely to grow continuously. Distinguished from average competitors in the same business
For this investment, it enhances the company's opportunity to create digitalization and digitization cooperation in the future, meeting the need to promote business expansion in a complete way.
Mr. Natthaphon Manynit, Chairman of the Executive Committee of Sitem Corporation Co., Ltd. said: Or SITEM, the group has moved forward in the complete data business, as Athentic Consulting has the knowledge, experience and expertise in data strategy, which has great business opportunities from the increasing trend of data usage in both public and private sectors, especially after the enactment of the Personal Protection Act (PDPA). .
SITEM will offer its data expertise to enhance the products and services of its partners, who are able to leverage data to its fullest potential to enhance different industries. Including national artificial intelligence that will help achieve economic prosperity for the country.Yes Yes.
Mr Supaprasert Wongsuwan, CEO of Somapa Information Technology Public Company Limited or SAMAPA, said the company has experience and knowledge in border management or managing border crossings and cross-country travel. It has the Smart Border Solution platform which is an integrated border crossing management solution and has target customers in several countries Currently, Somapa is a service provider of Passenger Pre-Screening System (APPS) and Passenger Travel Database (PNR) Data Entry Processing System for Thailand and Lao PDR.
In addition, the company has expanded the border management market to include many regions of the world, including the Association of Southeast Asian Nations (ASEAN). Pacific Island Countries, Oceania, Europe, South Africa and the Middle East. The Business Alliance Group will be able to expand its business through Sumaba channels.
Mr. Teraut Choanarogrit, Chief Operating Officer of Team Consulting Engineering and Management Public Company Limited or TEAMG, said that the company has acquired a 6% stake in NETBAY. TEAMG plans to focus on engineering technology. This cooperation will be able to use different partner technologies for data and knowledge management to increase business efficiency and service scope, which increases the company's competitiveness.
Meanwhile, TEAMG is one of the leading engineering consulting firms with a wide range of consulting knowledge and national experts in various fields who study, design, manage and control large infrastructure projects. This is an infrastructure that can be further developed into different technologies for our partners as well.
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