VGI Expands Condo Ad Media Business
Mr Marut Arthakaivalvatee (2nd from left), Executive Director and Chief Executive Officer of VGI Global Media Public Company Limited (SET: VGI), cosigned a three-year contract of securing customers of advertising screens for condominiums with Mr Maytee Sripannak (3rd from left), Managing Director of Artista Media Limited Partnership, installer of 549 advertising screens at 219 buildings of 78 AP, LPN, U Delight and Grand Unity Development condominium projects. The number of covered buildings grows 20% annually on average, and the number of viewers is forecasted to surpass 200,000 per day. Under the agreement, VGI will take charge of marketing the advertising media using the screens installed in the lifts and lift halls. The forecasted revenue is more than THB 100 million.
