Page 38 - 56-1 One Report 2022 EN

Part 1 Business Operation and Operating Performance

(1) Telephone Business Abroad

The Company provides telephone services through an investment in Shenington Investments Pte Ltd. (SHEN),
a joint venture of the Company. SHEN is a holding company for investment in international telecommunications.
Currently, SHEN is invested in Lao Telecommunications Public Company, a joint venture company with the
government of the Lao People’s Democratic Republic, this company has a 25-year license expiring in 2021. The
government of Lao PDR and SHEN signed a new joint venture agreement to extend the concession another 25
years, from 2021 to 2046.

Name Type of Business
Shenington Investments Pte Limited Holding company for investment in international telecommunications
Lao Telecommunications Public Company Providing fixed line, mobile phone, public phone, public international
facilities and Internet services at Lao PDR
Tplus Digital Company Limited Providing fixed line and mobile phone services at Lao PDR
Lao Mobile Money Sole Company Limited Provide digital money payment and transfer services within Lao PDR
by the brand “M-Money”

4. Joint Venture Businesses
Joint Venture Businesses, the Company has established 2 subsidiaries as following;
Name Type of Business
Nation Space and Technology Provide services relating to satellite business

Co.,Ltd.
ATI Technologies Company Distribute unmanned aerial vehicles (drones) for Thailand’s agricultural

Limited sector.

1.3.1 Shareholders

(1) Name of major shareholders
 The list of top 10 major shareholders of Thaicom Public Company Limited as at the latest book
closing dated 27 February 2023 was as follows:

Name No. of Shares % of shareholding

1. Gulf Ventures Company Limited 450,914,734 41.14

2. Mr. Chavalit Visalarnkul 36,687,700 3.35

3. Thai NVDR Company Limited 36,205,436 3.30
4. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 21,540,100 1.97

5. Mr. Narit Chia-Apar 18,692,800 1.71

6. Ms. Kulisara Kara 15,799,900 1.44

7. Mr. Watshira Tayanaraporn 14,000,000 1.28

8. Mr. Kitti Ngammaharat 13,930,000 1.27

Part 1 page 25
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