Tong Hua Public : Inform the subsidiary to invest in the purchase of ordinary shares of the company The Million Link Co., Ltd.
August 08, 2022 at 04:25 pm IST
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Ref. 2022/08/02
August 8, 2022
Subject : Inform the subsidiary to invest in the purchase of ordinary shares of the company The Million Link Co., Ltd.
To
:The President
The Stock Exchange of Thailand
With the Board of Directors of Tong Hua Media Lab Co., Ltd. (TONG HUA MEDIA LAB), a
subsidiary of Tong Hua Holding Public Company Limited, passed a resolution at the meeting No. 2/2022 on August 8, 2022. to invest in the purchase of shares from the existing shareholders and the newly issued shares of The Million Link Company Limited, the owner of the newspaper Dimension Stock in the amount of 5,100,000 baht, representing 51% of the registered capital of 10,000,000 baht, which is lower than the book value To jointly develop and expand the business of both the Tong Hua newspaper and the stock market newspaper, for example, the development of the Chinese‐language Dimension‐Share newspaper for foreign investors such as the People's Republic of China, Singapore, Taiwan, etc. to receive information on the money market and the capital market, including Alternative Investment.
In addition, Tong Hua Media Lab Company Limited aims to use technology. Decentralized Storage in storage of all media, which Tong Hua Holding Public Company Limited has been selected as one of 15 companies worldwide that participate in the Web3ESPA (Web3 Enterprise Storage Provider Accelerator) project. It was established by Protocol Labs (founder of IPFS and Filecoin projects), PikNik (USA leader in Decentralized Storage), Seagate (leading Data Storage Company) and AMD (leading data storage company). Semiconductor) to develop media to the Next Generation Media with features
Decentralized Filtering: Designing a decentralized data filtering method to combat fake news. and false information through Cryptoeconomics and Web of Trust to create trustworthy and reliable media.
Verifiable Semantic Linked Data: Designing a verifiable, semantic media storage structure. Machine‐readable language through semantic and cryptographic technology
Interactive experience: Designing interactive experiences for users and machines to create an interactive experience.Participate in content creation and consumption
Innovative monetization models: monetization in today's media such as showing annoying ads and bringing Information for commercial use it is an invasion of personal rights. Media consumers deserve something better and more fair.
Confirmation Bias: Reducing biased media consumption through metrics that offer consumers a perspective get more round
Sincerely yours,
Mr.Pongsak Chajiamjan
President
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Tong Hua Holding pcl published this content on 08 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 August 2022 10:54:04 UTC.
Tong Hua Holding Public Company Limited is a Thailand-based company. The Company and its subsidiaries are engaged in investment business, short-term fund and factoring services, producing, and distributing newspaper, advertising, publishing, and printing services, and space rental, and asset management. The Company operates through five segments: Producing and distributing newspaper, publishing, and providing printing service; Space rental for product and service business; Investment business; Providing short-term funds in forms of factoring, loans, and Asset management. The Company's subsidiaries are Tong Hua Media Lab Company Limited, Tong Hua Capital Co., Ltd., Tong Hua Assets Co., Ltd., and Tong Hua Asset Management Co., Ltd.
TONG HUA HOLDING 