BTS takes 7 per cent of RS in strategic move
BTS Group Holdings, a key provider of mass transit service, purchased a 7-per cent stake in entertainment firm RS on Monday (August 19), via a big lot transaction worth Bt1.050 billion.
The group's chief executive officer Kavin Kanjanapas had said the company saw an opportunity to grow together with RS.
It always wants to become a strategic partner of companies with which it can create synergy for mutual benefits, he added.
RS is currently focusing on Multi-platform Commerce (MPC), covering media, online sales, retails and direct sales.
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