Company Background
Milestone
Year | Events |
1983
|
Grammy Entertainment Co., Ltd. was established to lead the new era of Music and Television business in Thailand. Music business at the time emphasized on the production of quality Thai Pop songs. The first music album was "Ni Yai Ruk Jak Korn Mek" by Doctor Pantiwa Sinrattanan. The company also launched 3 TV programs : Yim Sai Kai, Mun Kwa Heaw and Sueng Tid Dao |
1984
|
Great success of "Ter 1" a music album by Mr.Rewat1986 |
1986
|
Grammy's super star, Thongchai McIntyre released his first album, "Had Sine Sai Lom Song Rao". Rock music was introduced by Amphon Lampoon and Micro through their "Rock Lek Lek" |
1988
|
MGA Co.,Ltd. was established to manu facture and distribute various cassette tapes and other related entertainment products through its retail network. |
1989
|
A-Time Media Co.,Ltd. was established to tap into Radio business. "Green Wave" and "Hot Wave" were the first 2 stations to hit the market. |
1991
|
Exact Co.,Ltd. was set up to expand television program production business and started the award winning TV Series "Three Men, Three Styles" (Sam Noom Sam Moom). Within the same year, Extraorganizer Co.,Ltd. was founded to operate concert production business. Both allowed Grammy to root into a complete scale in entertainment empire. |
1993
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Initiation of copyright protection era. |
1994
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Grammy Entertainment Pcl. was listed on the Stock Exchange of Thailand and the featured film business saw its debut. |
1996
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Expansion into publishing business through the acquisition of Image magazine. |
1997
|
Expansion into international market by tapping into Taiwan. |
1999
|
Mifah, the international academy of music was introduced. |
2000
|
E-Business unit was set up to create various products in the form of digital content to Capture new business opportunities arissing from the new technologies. |
2001
|
Company's name was changed from Grammy Entertainment Public Company Limited to GMM Grammy Public Company Limited (Grammy). |
2002
|
GMM Media Public Company Limited (GMMM) was spun off to list on the Stock Exchange of Thailand. Eight media, radio, television and publishing subsidiaries were transferred from Grammy to GMMM. |
2003
|
Strategic move in movie business with five quality movies produced, where "Fan Chan" is the all time box office record and "Beautiful Boxer" has gained u attention worldwide. |
2004
|
Aimed to be "King of content". 2004 marks the beginning of Grammy's alliance with strategic partners, including
Deetalk Co., Ltd. (TV program producer), Siam Infinit Co., Ltd.
(Game online), GMM Tai Hub Co., Ltd. (Featured film producer) and Ninja Returns Communication Co., Ltd. (Event organizer). |
2005
|
April - Expanded business line into event marketing business with 50% investment in Index Event Agency Plc. through subsidiary, GMM Media Plc. for a fully integrated media business. GMM Grammy was voted Thailand's Best Small Cap and was second to "Best Commitment to u Dividend Payments"; by Finance Asia Polls. June - Investment in Se-education Plc. to develop business cooperations such as distribution channel. July - Joinly invested in Clean karaoke ., operating in karaoke business together with the managing of karaoke equipment , through 80 % holding in capital of Baht 20 million. September - Through our Subsidiary, GMM Media Plc., We invested in newspaper business through Matichon Plc. 20% and Post Publishing Plc. 23.6% |
2006
|
GMM Grammy Jointly invested 51% in capital of Baht 40 million in GMM Fitness Club Co.,Ltd.to provide fitness club serviced. |
2007
|
Investment in 3-RD Co., Ltd., through 50 % holding in capital of Baht 2.63 million. Through our Subsidiary, GMM Media Plc., Investment in Channel V Music Thailand Co., Ltd., through 25 % holding in capital of Baht 16.25 million. |
2008
|
GMM Media Public Co., Ltd. voluntarily delisted from the SET |
2009
|
Invested in common stock of Family Know How Co.,Ltd., 50% of Baht 50 million capital.The company operates "Money Channel" satellite TV station, specializing in economic, finance and investment |
2010
|
Grammy jointly invested with our Associate (Scenario Co., Ltd.) in common share of Acts Studio Co., Ltd. for construction
of the huge studio production; 50% of Baht 200 million registered capital. Grammy jointly invested in common share of Lucks Satellite Co., Ltd. Produce the content for broadcasting via satellite channel; 25% of Baht 20 million registered capital. |
2011
|
Entered into a joint venture agreement with CJ O Shopping Co.,Ltd., Korea No.1 Home Shopping Operator, to launch Home Shopping business with a registered capital of Baht 540 million. (GMM Grammy holds 51% of the joint venture.) |
2012
|
March GMM Z Co., Ltd., a subsidiary of GMM Grammy, invested in GMM B Co., Ltd. which was established on March 5, 2013 to operate Pay TV business. June Launch of Home Shopping Business via satellite television channels as the name “GCJ O Shopping” which is available on Channel 0 of GMM Z platform, satellite TV and cable TV nationwide. |
2013
|
February - Official launch of satellite television services subscription for members to choose programs via satellite television channels through subscription by a prepaid card under 4 packages, namely, monthly entertainment channel package, monthly sport channel package, monthly entertainment and sport channel combined package and yearly entertainment and sport channel combined package. March - Launch of "Pee Mak…Phra Khanong" movie, which fetched up to 567 million baht in box office revenue, the highest amount in Thai movie history. July - Official opening of new service for satellite television subscription under AIS mobile telephone system named "GMM Z on AIS" for customer base expansion. September - Capital increase at the ratio of three existing shares to one new share at 10 baht per share, with full subscription of 106,052,989 shares, amounting to 1,060,529,890 baht. December Participating in the auction for the Digital TV licenses. |
2014
|
January - Won the auction for the licenses of Variety – HD channel and Variety – SD channel. April - Started trial broadcast 2 digital TV channels. July - The Company signed a merger agreement with CTH Plc. in order to expand the pay TV business. It acquired 30,000,000 common shares of CTH Public Company Limited (“CTH”) totaling Baht 1,030,000,000. In this regard, the Company settled the acquisition of those shares by the selling of 100% common shares of GMM B Company Limited (“GMM B”) to CTH’s subsidiary named CTH LCO Company Limited (“CTH LCO”). Thus, GMM B ceased to be a subsidiary of the Company since then. The combination of the two firms will enhance performance of marketing, programs, network, and customer base. - By resolution of the Extraordinary General Meeting of Shareholders No. 1/2014, the Company increased its registered capital to maximum 183,631,793 shares with details as follows: • The Company alloted and offered maximum 63,631,793 registered shares capital at the price of 13.50 baht per share to the existing shareholders (Rights Offering) according to pro rata basis -10 existing shares per 1 new share. The remaining ordinary shares capital were allotted and offered to the private placement. • Maximum 120,000,000 ordinary shares capital were alloted and offered to the private placement. The objectives of this capital increase, is to support investment plans and to strengthen financial status of the Company which enables sustainable business operation as well as long term benefit to the shareholders. October - New ordinary shares were issued to existing shareholders for subscription according to pro rata basis - 10 existing shares per 1 new share, at the price of 13.50 baht per share. The Company received more than 766 million baht from the subscription. November - Total 126,878,693 of ordinary shares capital were issued to the private placement for subscription. The offer received attention from investment institutions from within Thailand and abroad including the listed companies and high net worth investors. The shares were oversubscribed at the ratio of more than 1.20x . |
2015
|
January - Disposed 49.55 million shares of SE-EDUCATION Public Company Limited (“SE ED”) at the price of 6.00 baht per share to Mr. Nuttapol Jurangkool who is a connected person. The net amount received (after deducting related fee, tax etc.) was equal to 297.16 million baht. February - The Extraordinary General Meeting of Shareholders No.1/2015 approved the connected transaction and assets disposal regarding the partial waiver of subscription right to the capital increase of ordinary shares in GMM ONE TV TRADING CO.,LTD. to the Group of Mr. Takonkiet Viravan, who is a connected person of the Company. The transaction resulted to the Company’s shareholder portion to be 51% in GMM ONE TV TRADING CO.,LTD. Moreover, the resolution regarding the disposal of the ordinary shares of ACTS STUDIO CO.,LTD. directly and indirectly held by the Company to GMM ONE TV TRADING CO.,LTD. was also approved. June - Disposed total investment of 86,000,000 shares or 50% of paid-up capital in Index Creative Village Public Company Limited to Wave Entertainment Public Company Limited at the price of 5.00 baht per share, which is higher than the book value of 3.40 baht per share as of December 31st, 2014 amounting to 430 million baht. August - Disposed entire investment in its Publishing Group to C True Company Limited at the value of 45 million baht, which is higher than the book value as of March 31st, 2015 at 28.89 million baht. December - Shut down the operation of GMM Tai Hub Company Limited (GTH) from December 31st, 2015 onward. The Company will manage all the rights for movies produced by GTH until the official rights management person is announced later on. All projects currently in production shall be continued and completed. - Established subsidiary named “GDH 559 Company Limited” (GDH 559) which concentrates on movie production and distribution, media advertisement, and artist management. GDH 559 currently has 5 million baht in paid-up capital and the Company hold 51% stake. |
2016
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January |
2017
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May |
2018
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March |
2019
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April |
Capital growth
Year | Events |
1983
|
Registered capital : baht 0.5 million |
1984
|
Registered capital : baht 1 million |
1990
|
Registered capital : baht 25 million |
1992
|
Registered capital : baht 70 million |
1994
|
Registered capital : baht 500 million |
2002
|
Registered capital : baht 500 million |
2005
|
Registered capital : baht 490 million* |
2009
|
Registered capital : baht 530.56 million |
2013
|
Registered capital : baht 636.32 million |
2014
|
Registered capital : baht 819.94 million |
2015
|
Registered capital : baht 819.94 million |
2016
|
Registered capital : baht 819.94 million |
2017
|
Registered capital : baht 819.94 million |
Notes : *Reduction in Registered capital of baht 10 million as a result of writing off of treasury stock.