ROCTEC to Proceed with Divestment of 50% Stake in HELLO BANGKOK Following Shareholder Approval - Today Updatenews

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วันพุธที่ 30 เมษายน พ.ศ. 2568

ROCTEC to Proceed with Divestment of 50% Stake in HELLO BANGKOK Following Shareholder Approval

 


Bangkok, 29 April 2025 — ROCTEC Public Company Limited (“ROCTEC”), a leader in transformative innovation and communication solutions, will proceed with the divestment of its 50% equity stake in Hello Bangkok (“HELLO”), a leading out-of-home (OOH) advertising provider, to Plan B Media Public Company Limited (“PlanB”) for THB 2,000mn. The transaction, previously announced, received final approval from the Extraordinary General Meeting of Shareholders No. 1/2025 (E-EGM), enabling ROCTEC to move forward with execution.

This strategic divestment supports ROCTEC’s ongoing transformation into a focused ICT solutions provider. By unlocking capital from non-core assets, the company enhances its financial flexibility to pursue high-synergy investments aligned with its long-term digital vision.

“HELLO has contributed meaningfully to our portfolio, and we are proud of its progress. This divestment reflects our sharpened focus on the ICT sector, where we see greater potential for long-term value creation,” said Mr. Weng Sam Lam, Chief Executive Officer of ROCTEC.

Proceeds from the transaction will be managed with a disciplined approach — preserving liquidity in the short term, while funding high-potential ICT investments over the longer term. These will be selectively deployed to reinforce ROCTEC’s position as a leading enabler of digital infrastructure and smart city solutions.

With a strong, debt-free balance sheet, ROCTEC is well-positioned to capitalise on emerging opportunities in the digital economy. The company remains committed to driving innovation and pursuing high-impact initiatives that support its mission of enabling smarter, more connected communities.


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