Japanese IT solution firm TIS to invest in Thai DX business

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Japanese IT solution firm TIS to invest in Thai DX business
共同通信社
© 共同通信社
Japanese IT solution firm TIS Inc. has decided to invest in J Ventures Co., a digital transformation subsidiary of Thailand's Jay Mart Public Co., to expand its business in the Southeast Asian country.
Under a capital and business tie-up with J Ventures, TIS, a member of TIS INTEC Group, will develop new businesses, acquire customers and further strengthen its DX platforms in Thailand, the Tokyo-based company said last Friday in a press release.
According to a report filed by Jay Mart to the Stock Exchange of Thailand on Feb. 15, TIS will acquire some 2 million or 16.67 percent of J Ventures' outstanding shares, with the Thai company increasing its capital from 100 million baht ($3 million) to 120 million baht. A TIS official said the company will implement the investment on Thursday.

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