Summary of duties
To provide IT solutions to Thai financial institutions, government departments and organs (mainly administrative, telecom and public utility departments). Since its inception in 2004, there have been numerous large-scale projects, including the ATM project in 2006, the sea exploration system in 2010 and the satellite system project in 2014. The largest customer of the collection is BAAC (a national bank established in 1966), which is dedicated to providing banking services to rural areas in Thailand and providing them with ATM IT solutions, so that BAAC can set up and operate an ATM network to serve its unique rural customers. In 2018, there were about 2000 BAAC cards mainly located in rural areas in Thailand, accounting for 2.9% of the total number of BAAC cards in Thailand, and (ii) about 87 million live ATM cards, accounting for 9.8% of the total number of live ATM cards in Thailand. According to the report, the collection occupies a unique market position as a result of ATM projects in partnership with BAAC. Generally speaking, the IT solution of the cluster is divided into the following two benefits: the source IT integration solution and the IT support service.
Thank you very much.
Timely delivery of customer-centered integrated solution
Establish a good relationship and relationship with customers
Strong and stable management staff with rich knowledge and industry experience in service government departments and organs
Negative factor
Rely on the contract awarded by the main customer
Due to the project-based nature, our business schedule may fluctuate from time to time.
The project requires a large amount of upfront capital investment and fund outflow, and there is no guarantee that the set will be able to collect sufficient funds in time.
The purpose of the income
About 83.1% is used to provide funds for the project.
About 11.0% is used for repayment of existing loans (and early repayment) to reduce the rate of assets loss.
About 5.9% is spent on general financial assistance.