The One Enterprise (SET: ONEE) debuts ONEE shares on first trading day

– Leveraging leadership in Thailand’s integrated media and entertainment business– With outstanding and distinctive business model, and long-term sustainable growth– Determined to create quality contents for the happiness of Thais and international audience BANGKOK, Nov 5, 2021 – (ACN Newswire) – The One Enterprise PCL (SET: ONEE), the leader in Thailand’s integrated media and entertainment business with over 30 years’ expertise and experience has chosen today (November 5, 2021) as the auspicious day to begin trading on the Stock Exchange of Thailand (SET) with the ticker name ONEE. The Company will effectively become the highest-value IPO in the Media and Publishing sector in Thailand’s capital market history, with the total offering value of 4.218 billion baht and a market capitalization of approximately 20.241 billion baht. These facts reinforced the Company’s strong fundamentals derived from its leadership in the creation and production of quality and diverse contents catering to all market segment, as well as having multi distribution channels both offline and online which can generate revenue in anyplace at all times. The Company is ready to build on the success to date after being listed on the SET with new investment plans to enhance the production and creation of quality contents, and the ability to create new and uniquely different content to cater to the ever-changing tastes and behavior of the audience. Also in the pipeline are investments on the enhancement of competitive skills and service efficiency through the development of artistes and other professionals, the development of online channels or OTT platforms, as well as the commitment to uplift Thai contents to the international areana in order to create new opportunities for stable and sustainable growth in the long run amidst the Digital disruption era. Mr. Takonkiet Viravan, Group Chief Executive Officer of The One Enterprise Public Company Limited (ONEE), stated, “I’m honored and very happy on this occasion that ‘The One Enterprise’ is listing ONEE shares for trading on the Stock Exchange of Thailand in the Media and Publishing sector today. This is a very significant step and an overwhelming pride of the executives, team members and all related parties who have played important roles in the success of the IPO offering and the listing on the SET today. At The One Enterprise, we have conducted the business with the determination to become the leader in Thailand’s integrated media and entertainment business, with thorough outstanding and distinctive business models comprehensively covering all aspects from upstream to downstream. Thanks to our strong foundation as a content creator, we have extensive experience and expertise in producing and creating diverse quality content including dramas, sitcoms, series, variety shows, game shows and news programs that cover all targeted market segments, including premium mass, family, new generation and the ‘edgy’ group to produce popular and extraordinary experiences. “We also operate comprehensive distribution channels both offline and online, such as Company-owned ONE31 Channel, GMM25 channel that we act as marketing agent, along with radio, social media and OTT platforms of leading partners both at home and abroad. We also provide other related services such as organizing events and concerts, managing and developing artistes and performers under contract, souvenir sales and rental of filming studios. All these can strengthen the Company’s ability to earn revenue from anything at any time as managed by an experienced management team and the new-generation team with a versatile group of actors and artistes who play important roles in driving The One Enterprise to overcome the Digital disruption trend and to create opportunities for continuous, stable and sustainable growth in the long run.” The One Enterprise operates under the vision: “To be the leader in the creation of entertainment, knowledge and inspiration to deliver happiness to audiences of all genders and ages with international quality that incorporates Thainess onto the world stage”, by focusing on creating quality contents that are popular and producing a unique viewing experience to suit every taste in every era, through leveraging data analysis and in depth understanding of audience behavior, allowing the Company to win the hearts and minds of Thai audiences for a long time. This also includes the continuous increase in the market share of advertising spending through TV channels, as well as developing and expanding to online channels, both social media and OTT platforms, both domestically and internationally, such as Netflix, LineTV, Viu, WeTV, iQiYi, Disney+ Hotstar, etc., to promote quality Thai contents to international audiences in all parts of the world. The Company’s overall performance in the years 2018 to 2020 has seen exponential growth with total revenues of 4.199 billion baht, 4.818 billion baht and 4.875 billion baht, respectively, representing an average compound annual growth rate (CAGR) of 7.7 percent and a net profits of 73 million baht, 228 million baht and 658 million baht, respectively, representing an average compound annual growth rate (CAGR) of 201.0 percent, driven by an integrated business model that can generate revenue from all channels, as well as the efficient management of costs and expenses. This underscores the strength and success of The One Enterprise that has overcome Digital disruption which have chance the audience behavior that switched from watching programs on television to online channels. Meanwhile, revenue in the first 6 months of this year was topped 2.783 billion baht, a 29.8 percent increase from the same period last year, while net profits total 455 million baht, representing more than 151.4 percent increase compared to the same period last year. The impressive financial performance has resulted from revenue growth, high profit margin through the effective management of sales and administrative expenses amid the COVID-19 crisis. The initial public offering (IPO) of The One Enterprise is considered to be the highest-value IPO in the Media and Publishing sector in the history of the Thai capital market. With a total IPO value of 4.218 billion baht and a market capitalization at the IPO price of approximately 20.241 billion baht, The One Enterprise have received overwhelming interest from both local and international institutional investors as well as retail investors, which reflect investor confident in the company strong fundamental and growth potential in the long run. ONEE plans to utilize proceeds from the IPO to improve competitiveness and further develop efficiency in future services, with plans to increase production capacity and to create international-quality contents by increasing the capability of the production department including that of the script-writing team, the production team, the editing team, and the computer graphic team to become high-quality professional. The Company also plans to develop staff performance both on-stage and back-stage, filming locations as well as related systems and equipment. In addition, the Company will invest in developing the potential in program production to enhance the viewing experience and attract audiences of all genders and ages with the investment budget of about 500 million baht within 2024. Another plan is to develop information technology capabilities to build a strong technology base that will support the adoption of Big Data to help analyze viewing behavior so that content can be created to suit particular tastes as well as enhancing the potential of providing the Company’s own online channels to become the center of viewing services for a variety of programs that respond to viewing in all time slots with an investment budget of approximately 130 million baht within 2023. Proceeds from the IPO will also be used to restructure the capital based relating to the acquisition of GMM Channel Holding worth approximately 2,200 million baht, while the remaining fund will be retained as working capital to support the opportunity to create future growth. “We firmly believe that today The One Enterprise is fully ready to become a leading listed companies in the SET through our determination to manage our business efficiently under strict adherence to good corporate governance so that ONEE will become an outstanding stock with strong fundamental having the potential to grow continuously and sustainably for the best interest of all shareholders and other stakeholders who are joining us in our journey to grow continuously and sustainably in the long run,” Mr. Takonkiet concluded. This information is to be disseminated to investors in Thailand. Please study the product carefully, the conditions, returns and all risks before deciding to invest.For additional information, please visit: www.theoneenterprise.com Released by Public Relations Dept., MT Multimedia Co. Ltd. for The One Enterprise Plc.For additional information, please contact: Thiyaporn (Dah) SriadunphanTel: +66 87 556 6974, Email: thiyaporn.s@mtmultimedia.com

Ngee Ann Poly to sack lecturer in racist remark incident for serious misconduct

SINGAPORE - Ngee Ann Polytechnic (NP) is in the process of sacking senior lecturer Tan Boon Lee for serious misconduct. This comes after a video posted on June 6 of Mr Tan making racist remarks to an interracial couple in Orchard Road went viral online. This was followed by an Instagram post on June 9 by NP alumna Nurul Fatimah Iskandar, who alleged that Mr Tan made Islamophobic comments in a class in 2017. NP said it made the decision after completing its internal investigations into both incidents. It has charged Mr Tan – a lecturer at the School of Engineering – with a serious breach of its staff code of conduct, and “is proceeding to terminate his service”. "Our staff members are expected to respect cultural, ethnic and religious differences in our society. They must uphold secularity and impartiality at all times... The disciplinary action meted out against the staff in question reflects our commitment to provide a safe, inclusive and respectful environment for our campus community," said NP in a statement on Thursday (June 17). Police investigations into both incidents are ongoing. In her Instagram post, Ms Nurul, now 22 and a student at the National University of Singapore, said she had reported Mr Tan’s insensitive comments to NP at the time.  NP said it has been unable to locate any records of her feedback after searching its various feedback channels and checking Ms Nurul’s NP mailbox archives. “In our conversation with her, she indicated that she could not recall whether she had e-mailed her feedback on the incident or raised it during a post-course focus group discussion (FGD) in 2017,” it added. FGDs are typically held at the end of every semester to seek students’ feedback on courses and lecturers. “Nonetheless, we are committed to preventing a similar incident from occurring again, and will ensure that students are made aware of the appropriate channels for them to provide feedback in a safe manner,” it said. “We will also advise our staff on how to manage and report feedback that they may receive outside of these channels, as appropriate.” NP also apologised for the distress that Mr Tan’s comments caused Ms Nurul, and said it has offered her counselling support.  Last Thursday, Ms Nurul told The Straits Times that Mr Tan had used lesson time to initiate an offensive discussion about Islam. “He opened websites about Islam and explained why he didn’t agree with certain Quranic verses. He then singled me out, and tried to start a debate on the topic. It didn’t help that I was the only Muslim student in class and I sat in the front row,” she said. NP said that it will make all feedback channels for students more accessible and visible on its website, and publicise them on its campus digital screens.  These channels include a whistle-blowing e-mail address for students – tellnp@np.edu.sg, a general inquiry AskNP e-mail address, course experience dialogues and student surveys. “In addition, students can share their feedback with their staff advisers at any time. We would like to assure students that all feedback will be taken seriously and handled in confidence,” the polytechnic said.  NP added that it would be reviewing its internal feedback monitoring processes to identify and resolve gaps. “We also remind all staff to strictly adhere to the staff code of conduct and create a safe learning environment for all in NP,” it said.  More on this topic   Related Story NP lecturer in racist remark incident: Poly says it would not hesitate to take disciplinary actions   Related Story Are 'agonising' racist acts one-off or reflective of wider issue, asks President Halimah

BitWell will Access PayPal to Facilitate Bitcoin Purchases

SINGAPORE, May 10, 2021 - (ACN Newswire via SEAPRWire.com) - BitWell, a digital asset derivatives trading platform, announced that it will access global payment channels such as Visa, PayPal, and Master Card, providing users in over 65 countries and regions with access to 300 fiat currency payment channels and 20 digital currency payments, to facilitate global users in purchasing digital assets such as Bitcoin more easily and quickly.This will significantly lower the barrier for users to participate in BitWell and purchase digital assets, promoting a more convenient experience for investors to access BitWell's digital asset services.To achieve these features, BitWell introduces Alchemy Pay. Alchemy Pay (ACH) is the world's most adaptable crypto payment infrastructure, in which the payment system can support over 65 countries and regions, 300 fiat currencies and 20 digital currency channels, including global payment channels such as Visa/Master Card/PayPal, as well as locally popular channels such as Dana, OVO, MayBank, FPS, etc., in Indonesia, Vietnam, Europe and some other areas.The BitWell platform token WELL will also go live on the Alchemy Pay (ACH) fiat and digital currency aggregation payment platform. Users will be able to use WELL payments at thousands of online and offline stores represented by global landmarks such as CeLaVi on the top floor of Singapore Sands Hotel, Pricerite Real Value in Hong Kong, Dubai Mall and other well-known merchants, with instant payment.About BitWellBitWell is an international digital asset derivatives trading platform that has launched a number of product lines, including options, perpetual contracts, spot trading, and savings, as well as an innovative industry-leading cross collateral model. BitWell is the first platform in the world to launch DeFi options, with the largest variety of options. It is also the platform with the fastest and most complete BSC spot trading and the highest return on flexible finance, providing users with one-stop digital asset trading and financial services. Visit https://www.bitwellex.com.Media contactBitWell Technology LimitedE-mail: operation@bitwellex.comWebsite: https://www.bitwellex.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

BitWell introduces Alchemy Pay, available in 65 countries

SINGAPORE, Apr 15, 2021 - (ACN Newswire via SEAPRWire.com) - BitWell, the digital asset derivatives trading platform, announced that it introduced the Alchemy Pay payment system on March 30. BitWell now has smooth access to global payment channels such as Visa, PayPal and Master Card, providing users in over 65 countries and regions access to 300 fiat currency payment channels, as well as 20 digital currency payments, to facilitate global users in purchasing digital assets such as Bitcoin more easily and quickly.This will significantly lower the barrier for users to participate in BitWell and purchase digital assets, promoting a more convenient experience for investors to access BitWell's digital asset services.The BitWell platform token WELL will be listed on the Alchemy Pay (ACH) fiat and digital currency integrated payment platforms. Users will be able to use WELL payment in thousands of online and offline stores represented by global landmarks such as CeLaVi on the top floor of Singapore Sands Hotel, Pricerite Real Value in Hong Kong, Dubai Mall and other well-known merchants, with instant payment.About BitWellBitWell is an international digital asset derivatives trading platform that has launched a number of product lines, including options, perpetual contracts, spot trading, and savings, as well as an innovative industry-leading cross collateral model. BitWell is the first platform in the world to launch DeFi options, with the largest variety of options. It is also the platform with the fastest and most complete BSC spot trading and the highest return on flexible finance, providing users with one-stop digital asset trading and financial services. Visit https://www.bitwellex.com.About Alchemy Pay (ACH)Alchemy Pay (ACH) is the world's most adaptable crypto payment infrastructure and the leading provider of decentralized digital currency payment solutions and technology in the Asia Pacific region, developing Asia's first hybrid cryptocurrency and fiat currency payment solution that provides over a million online and offline merchants with fast, secure and convenient aggregated digital currency and fiat currency payment technology solution. Alchemy Pay (ACH) payment system now supports more than 65 countries and regions, 300 legal tender and 20 digital currency channels, including global payment channels such as Visa/Master Car/PayPal, and popular payment channels in local areas (e.g. Indonesia, Vietnam, Europe, etc.) such as Dana, OVO, MayBank, FPS and others. Visit https://www.alchemytech.io.Media contact:BitWell Technology LimitedE-mail: operation@bitwellex.comWebsite: https://www.bitwellex.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)