Post by account_disabled on Dec 27, 2023 3:17:08 GMT
NEX board gives green light to spend 260 million baht to buy NGV bus maintenance center from existing shareholder "Bailly Service" in the proportion of 51%, tying up bus repair contract for 14 years, creating clear recurring income, joining hands with giant partners " Smart Bus, the feeder for electric trains, has joined together with "Kaniss Srivajiraprapa" as CEO, moving forward to drive the business to become the number one Bus EV leader in Thailand. Mr. Anek Pinwanitkul Chief Executive Officer of Nex Point Public Company Limited (NEX) revealed that the Company's Board of Directors Meeting No. 9/2020 on June 30, 2020 passed a resolution approving the Company. and/or subsidiaries Enter into a transaction to purchase common shares of Belly Service Company Limited (BLS), which is not a connected person of the Company.
In the proportion of 51 percent of the total number of shares from Princess Story Company Limited and Pendulum Auto Company Limited, totaling not more than 260 million baht, it is expected to be signed. in the share purchase agreement Email Data within 15 July 2020 after receiving approval from the Extraordinary General Meeting of Shareholders No. 2/2020 to be held on 10 July 2020 and it is expected that payment will be made and transfer BLS shares (Closing Date) within 15 August 2020 after the company has received payment for capital increase. After purchasing shares of BLS this time, BLS will become a subsidiary of the Company. Baili Service Company Limited is a provider of preventive maintenance and repairs for air-conditioned buses using natural gas (NGV) for Smart Bus Company Limited. BLS currently has a contract to maintain and maintain passenger buses. According to distance (Preventive Maintenance) for 500 vehicles, the contract has a period of 14 years, starting from March 15, 2020. Mr. Anek said that at the end of 2019, the company began operating a bus rental service business (Financial Lease). Therefore, he saw that the acquisition of BELI shares this time would help the company.
Able to expand the scope of passenger bus business to provide more comprehensive services, including passenger bus import business. or exported to foreign countries Including providing after-sales service. Contractor to provide installation, repair, maintenance and other services related to all types of passenger buses. including selling spare parts Parts and equipment related to passenger buses which is an interesting business Has potential and promotes the company's current business to grow even more. This will help create new opportunities. for the company “The acquisition of BELI shares will enable the company to further expand its passenger bus business. To cover import passenger buses or exported to foreign countries Including providing after-sales service. Contractor to provide installation, repair, maintenance and other services related to all types of passenger buses. including selling spare parts Parts and equipment related to passenger buses The company sees the potential and opportunity for growth and the opportunity to increase the source of income for the company in the future. and has a positive impact on the management services and bus business operations of the company in the long term.
In the proportion of 51 percent of the total number of shares from Princess Story Company Limited and Pendulum Auto Company Limited, totaling not more than 260 million baht, it is expected to be signed. in the share purchase agreement Email Data within 15 July 2020 after receiving approval from the Extraordinary General Meeting of Shareholders No. 2/2020 to be held on 10 July 2020 and it is expected that payment will be made and transfer BLS shares (Closing Date) within 15 August 2020 after the company has received payment for capital increase. After purchasing shares of BLS this time, BLS will become a subsidiary of the Company. Baili Service Company Limited is a provider of preventive maintenance and repairs for air-conditioned buses using natural gas (NGV) for Smart Bus Company Limited. BLS currently has a contract to maintain and maintain passenger buses. According to distance (Preventive Maintenance) for 500 vehicles, the contract has a period of 14 years, starting from March 15, 2020. Mr. Anek said that at the end of 2019, the company began operating a bus rental service business (Financial Lease). Therefore, he saw that the acquisition of BELI shares this time would help the company.
Able to expand the scope of passenger bus business to provide more comprehensive services, including passenger bus import business. or exported to foreign countries Including providing after-sales service. Contractor to provide installation, repair, maintenance and other services related to all types of passenger buses. including selling spare parts Parts and equipment related to passenger buses which is an interesting business Has potential and promotes the company's current business to grow even more. This will help create new opportunities. for the company “The acquisition of BELI shares will enable the company to further expand its passenger bus business. To cover import passenger buses or exported to foreign countries Including providing after-sales service. Contractor to provide installation, repair, maintenance and other services related to all types of passenger buses. including selling spare parts Parts and equipment related to passenger buses The company sees the potential and opportunity for growth and the opportunity to increase the source of income for the company in the future. and has a positive impact on the management services and bus business operations of the company in the long term.