ABOUT PTTEP
SUSTAINABILITY
Sustainability at PTTEP >
CEO Statement
Sustainability Framework and Strategy
Sustainability Policy and Guidelines
Sustainability Governance Structure
Governance for Sustainable Business >
Human Resource Management
Supply Chain Management
Technology and Knowledge Management
Transformation
Corporate Governance and Business Ethics
Risk and Crisis Management
Internal Control and Compliance
Cybersecurity
Tax Strategy and Payment Transparency
Environmental Stewardship >
Environmental Management
Climate Change Management
Biodiversity and Ecosystem Services Management
Spill Management
Waste Management
Water Resources Management
Social Value Creation >
Safety, Security, Health and Environment
Human Rights
Stakeholder Management
Social Development
SEARCH
SEARCH
QUICK SEARCH
Investor Relations
SET Notification
Establishment of the new joint venture company “AeroSky (Thailand) Company Limited”
21 May 2021
PTTEP 13061/00-4125/2021
Investor Relations
Tel. +66(0) 2537 4259, +66(0) 2537 5522
21 May 2021
President
The Stock Exchange of Thailand
93 Ratchadaphisek Road, Dindaeng
Bangkok 10400
Dear Sir,
Subject: Establishment of the new joint venture company “AeroSky (Thailand) Company Limited”
PTT Exploration and Production Public Company Limited (PTTEP) would like to announce that AI and Robotics Ventures Company Limited (ARV), a subsidiary of PTTEP, in partnerships with Aerodyne Group (Aerodyne) from Malaysia and Digital Creation Co., Ltd. (DC) has announced the launch of a joint venture company “AeroSky (Thailand) Company Limited” (AeroSky), which will provide state-of-the-art drone-based enterprise solutions across the Thai market, including clients in the telecoms, electricity, oil & gas, and other infrastructure-led industries. The business will combine core strengths of ARV's expertise in the provision of drones and sophisticated AI and Robotic solutions, Aerodyne's integrated drone and software-as-a-service solution, and DC's leading-edge machine learning and monitoring technologies. AeroSky services would allow infrastructure inspection and monitoring to be of better quality, quicker, and at a lower cost.
AeroSky will have a registered capital of 30 million Baht and its shareholding proportion will consist of AI and Robotics Ventures Company Limited at 33%, Aerodyne Group 34% and Digital Creation Co., Ltd. at 33%. Registration of the new joint venture company is expected to complete within July 2021.
The establishment of this joint venture is in line with the company's strategy of expanding investment into new businesses through the use of technology and innovation to enhance efficiency and create long-term sustainability.
Please be informed accordingly.
Sincerely yours,
Phongsthorn Thavisin
Phongsthorn Thavisin
Chief Executive Officer
PTT Exploration and Production Public Company Limited
555/1 Energy Complex Building A, Floors 19-36th
Vibhavadi-Rangsit Rd., Chatuchak, Chatuchak, Bangkok 10900
Vibhavadi-Rangsit Rd., Chatuchak, Chatuchak, Bangkok 10900
Phone : 66 (0) 2537-4000
Fax : 66 (0) 2537-4444
This website is best viewed with Chrome, Firefox, Safari and Microsoft Edge.
Copyright © PTT Exploration and Production Plc. All Rights Reserved.
Copyright © PTT Exploration and Production Plc. All Rights Reserved.