Home » Business » DITTO Reveals Plan to Raise Funds for Carbon Credit Token with Token X Company: Stock Exchange Seminar Highlights

DITTO Reveals Plan to Raise Funds for Carbon Credit Token with Token X Company: Stock Exchange Seminar Highlights

Mr. Thakorn Rattanakamonphon Chief Executive Officer Ditto (Thailand) Public Company Limited or DITTO Revealed at the seminarStock Exchange of Thailand For the first quarter of 2024, titled “Capital Market Opportunities in the Year of the Dragon”, the company plans to raise funds to be used for planting mangrove forests for the benefit of carbon credits (Blue Carbon) by issuing digital tokens for investment for large investors and institutions. As for small businesses, they can purchase through an intermediary within the 3rd quarter of 2024 or the 4th quarter of 2024, which will see the picture of joining hands withToken X Company or Token X In issuing the said carbon credit token

From the preliminary plan, it is expected that the Token will be issued at around 300-400 million baht, but we will have to wait and see until the Token price is officially released. The company plans to raise funds to use for planting mangrove forests to benefit from carbon credits. It is seen that the issuance of digital tokens is for investment purposes. It can be a suitable fundraising tool.

For the project to plant mangrove forests to benefit from carbon credits bySiam TC Technology Company Limited which is a subsidiary of DITTO, has received permission from the Department of Marine and Coastal Resources to have the right to plant and maintain mangrove forests. The duration of the project is 30 years. Currently, the total area is 176,496.24 rai. There are both reforestation projects and projects with communities. in the southern region and eastern region

While in the 1st quarter of 2024 the company will begin to recognize profits from investments inNetbay Public Company Limited or NETBAY and Netbay will pay dividends during the month of May. DITTO will also be able to recognize dividends in cash. At the beginning of last year The company has acquired approximately 24.90% of shares in NETBAY, a company listed on the stock exchange, and NETBAY has also acquired shares in DITTO. NETBAY is considered the largest e-Logistics service provider in Thailand. Has expertise in e-service platforms for linking various information. Including many more platform systems

While DITTO has expertise in data storage. At present, there is an extension of the products and services of the partners. Lead various platform services Come enhance the potential of DITTO’s existing customers to increase business efficiency for both government and private sector customers. The benefit of joining NETBAY through DITTO is that it will help with the development work team that has expertise and high potential from NETBAY, resulting in being able to add more work to various large projects, clearly evident from the Synergy of work. together, such as the new zoo project As for the management system in the zoo, NETBAY is the developer, etc.

In addition, DITTO also has local organization customers who use electronic document storage services. This year, NETBAY will be brought in to do e-services as well. As for the document storage work of the Land Department and the courts, services will be extended to be more efficient, such as developing the Cyber ​​Security system, etc. It is an opportunity for DITTO and its partners to earn additional income each year. Including the dimension that will be able to accept more valuable projects. There is variety. and more efficient This year we expect to see pictures of each project that will come out from both the public and private sectors.

Including investing inSomapa Information Technology Public Company Limited or SIT in which DITTO has acquired 18% of shares, which is a company that received a contract fromAirports of Thailand (AOT) in managing the passenger screening system for both inbound and outbound airports. AOTAll 6 locations for a long period until 2071. Revenue is calculated from transactions of the number of passengers.

Last year, SIT still had its first dividend, and in 2024, from the expectation that there would be a large number of tourists, SIT should have a lot more profits. As a result, DITTO would get a lot of dividends back, such as together Along with the picture of the handshake between SIT and NETBAY, you will see a more efficient management of both people and goods transportation, including SIT plans to bring the system to provide services in Lao PDR and the Oceania zone. NETBAY’s system will also be used to enhance service efficiency in the future.

Currently, the company has work on hand (Backlog) worth approximately 5,000 million baht. For the picture of growth in the next 3 years, the Backlog alone should be at a similar level in terms of income. This does not include income from new projects that will occur. This year, after having a partner In addition, the government has a policy to drive Digital Transformation. And every agency is trying to adapt in order to be able to compete and promote to the people. This year will see many more projects.

2024-04-01 03:54:12
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