Page 34 - Annual Report 2015 - Mono Technology Public Company Limited
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Mono Group, the Number 1 Entertainment Content Creator of Thailand, started off running media and content business on the Internet with online games and online community websites. Despite earning popularity among teenagers, www.mthai.com continuously develops to embrace larger community with various contents broader for selection of lifestyles and with the largest number of video clips, all of which have maintained MThai one of the top favorite websites in Thailand for more than a decade.
Another key business at the early stage of the Company was mobile value added service. In collaboration with leading mobile operators, the Company provides Interactive SMS on TV service in order to enable viewers to share their opinions via Short Message Service (SMS) while watching TV programs. The SMS from the audiences is shown on TV screen in real time. This service was first launched on Royal Thai Army Radio and Television (Channel 5) and such feature-interactive SMS on TV is now commonly used by many TV programs. Thereafter, the mobile value added service business has expanded its service line-up by offering more advanced Short Message Service (SMS) and smartphone applications where mobile users can access audio and image files as well as play mobile games. These services have been customised to potentially serve more user at international scale.
Furthermore, the Company also established more subsidiaries, to function over extensive set of media and platforms, especially entertainment business, all of which are complementary to one another business
within Mono Group. In other word, this inaugurates to complete holistic scope of media landscape including, publishing, TV, radio, music and movie businesses. In 2014, Mono Broadcast Company Limited, a subsidiary of Mono Technology PCL., had won the auction of digital TV license in the category of standard-definition (SD). As a result, MONO29 channel, which has become one of the core businesses of Mono Group, was then launched under the concept of “Free TV with the most number of great movies and popular TV series”.
Succeeding the capital structure changes in 2012, the Company was registered as a public limited company and listed on Market for Alternative Investment (mai) on June 6, 2013, with a registered capital worth 140 million Baht (1,400 million shares at the par value of 0.10 Baht per share). Cash received from issuing new shares at that time was in total of 2,702.75 million Baht which was allocated to invest on digital TV business.
On September 12, 2014, the Extraordinary General Meeting of Shareholders No. 1/2014 was held with a resolution to increase the registered capital of the Company from 140 million Baht to 462 million Baht by newly issuing 3,220 million ordinary shares for allocating to the existing shareholders in order to support the stock dividend payment and exercising of rights as per MONO-W1. Consequently, the Company was qualified to register in the Stock Exchange of Thailand (SET) and was capable of increasing the registered capital to raise fund continuously in the future. On January 29, 2015, the Company finally transferred its shares to trade in SET.
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Mono Technology Public Company Limited
Mono Technology Public Company Limited was established on March 15, 2002 by Mr. Pete Bodharamik, with initial registered capital of 50 million Baht. In 2013, the Company was listed on the Market for Alternative Investment (mai) and then transferred to the Stock Exchange of Thailand (SET) on January 29, 2015.