NMG EXPECTS EXCHANGE ALERTS TO GO NEXT YEAR
Nation Multimedia Group Plc (NMG) has expressed confidence that the Non-Compliance (NC) and Caution (C) signs will be removed from its stock early next year, after its planned asset sale, debt restructuring and an expected increase in income, said Somchai Meesen, NMG chief executive officer, yesterday.
NMG plans to find more sources of income in digital TV, printing media, new media and events. A total income of Bt1.3 billion is expected this year, of which Bt600 million is expected to come from digital TV and Bt500-Bt600 million from print media.
