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BTS GROUP HOLDINGS said that its indirect subsidiary VGI Global Media has submitted an application to be listed in the Stock Exchange of Thailand yesterday. BTS holds a 96.44-per-cent stake in VGI through the Bangkok Mass Transit System.
S&P SYNDICATE reported the setting up of two subsidiaries for overseas restaurants, according to a regulatory filing to the Stock Exchange of Thailand. Bangkok Jam Co Ltd, with a registered capital of $5 million Taiwan dollars (Bt5 million), operates a restaurant in Taiwan. Bangkok Jam is wholly owned by SK Catering. S&P’s 80-per-cent-owned subsidiary, S&P Global, owns a 50-per-cent stake in SK.
Bangkok Jam is 50-per-cent owned by S&P Global and operates a restaurant in Malaysia. The former’s registered capital is 350,000 Malaysian ringgit (Bt3.5 million)
