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GMM Grammy Public Company Limited (“The Company”)

Head Office

50 GMM Grammy Place, Sukhumvit 21 Road (Asoke),Khlongtoeinuea, Wattana, Bangkok 10110

Business
Entertainment and media
Fax.
0 2669 9009
Tel.
0 2669 9000
Company Registration
PCL. 0107537000955
Authorized & Paid-up capital (as of December 31, 2024)
819,949,729 baht consisting of 819,949,729 common shares with a par value of 1 baht
Authorized capital (as of December 31, 2024)
819,949,729 baht consisting of 819,949,729 common shares with a par value of 1 baht

Vision, Mission and Long Term Goal

The Board of Directors conducts an annual review of the company’s vision, mission, and long-term goals to ensure alignment with the company’s operations and adaptability to changing circumstances. In the past year, during the Board of Directors’ Meeting No. 1/2025, held on February 26, 2025, the board resolved to revise the company’s vision, mission, and long-term goals to align with its transformation into a Holding Company. The revised statements are as follows:

Vision

A leader in an integrated entertainment business dedicated to bringing happiness to all consumers across every platform, while driving sustainable growth.

Mission

Strive to develop and innovate
 a fully integrated entertainment and media business by delivering creative content experiences through media integration and the creation of innovative solutions.

Create investment opportunities
 in growing and sustainable entertainment businesses, to expand operations both domestically and globally, while creating value for society.

Long - Term Goal

A leading company to empower content creation for the local and global markets.

Company Background

Milestone

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February
- The Board of Directors of the company had a resolution in the Board of Directors Meeting No.1/2024 held on 28 February 2024, approved and proposed to the 2024 Annual General Meeting of Shareholders for approval of entering and complying with a Call Option Agreement. This agreement grants the company the right to purchase 100,000 shares, or 100% of the total shares in Wan Thong Holdings Co., Ltd. As of 28 February 2024, Wan Thong Holdings' primary asset consists of 238,125,000 shares, or 10% of ONEE's total issued and outstanding shares in The One Enterprise Public Company Limited (ONEE). The Board also delegated authority to the company’s Group Executive Committee to determine the appropriate timing to exercise the Call Option within the specified period.
April
- The Annual General Meeting of Shareholders of the company approved the execution and compliance with the Call Option Agreement, granting the company the right to purchase 100,000 shares, equivalent to 100% of the total shares in Wan Thong Holdings Co., Ltd. (“Wan Thong Holdings”). And approved delegating authority to the company’s Group Executive Committee to determine and decide on exercising the Call Option at an appropriate time within the timeframe specified in the Call Option Agreement.
May
- The Board of Directors of the company had a resolution in the Board of Directors Meeting No.3/2024 held on 31 May 2024, approved the sale of common shares in GMM Music Public Company Limited (“GMM Music”), a subsidiary of the company, to a strategic investor, Black Serenade Investment Limited. Black Serenade is a jointly established between Tencent Music Entertainment Group and Tencent Holdings Limited and operates as a subsidiary of Tencent Music Entertainment Group. The approved transaction involves the sale of a total of 80,000,000 shares, or 10% of the total issued and paid-up common shares of GMM, for a total consideration of 70 million US dollars.
July
- The Group Executive Committee and the Board of Directors of the company have approved the exercise of the Call Option. This will enable the company to acquire all 238,125,000 shares of ONEE from Wan Thong Holdings, or 10% of the total issued and outstanding shares of ONEE. The agreed purchase price is 3.7773 baht per share, amounting to a total value of 899,469,562.50 baht.
September

- The Extraordinary General Meeting of Shareholders No. 1/2567, held on 26 September 2024, approved the sale of 12,000,000 common shares of GMM Public Company Limited (“GMM”), a subsidiary of the company, to a strategic investor, Warner Music Hong Kong Limited (“WMHK”).

- WMHK is a subsidiary of Warner Music Group Corp. (“WMGC”) and/or its affiliated entities (collectively referred to as the “WMGC Group”). The transaction represents 1.5% of the total issued and paid-up common shares of GMM.

February
- The Board of Directors of Grammy Public Company Limited had a resolution in the Board of Directors Meeting No. 1/2023 on February 27, 2023 to restructure the music business by approving the sale of the relevant properties of the music business which including but not limited to the rights, duties, and liabilities of the music business, as well as the change of the human resources planning and the execution of the relevant contract to the newly established subsidiary company (“Sub-Company”). The company holds the shares 100% of all ordinary shares in the Sub-Company. The restructuring of the music business is for the company to achieve the company strategy in the sustainable business to increase the effectiveness of the business operation and the flexibility in finding business counterpart in the future.
April
- The Company registered the subsidiary company “GMM Music Co., Ltd. (“GMM Music”) to operate the overall music business with the registered capital of 4,000,000 Baht (ordinary share of 400,000 shares, with par value of 10 Baht), paid up of 1,000,000 Baht (ordinary share of 400,000 shares, paid up 2.5 Baht per share). The Company holds the share 100%.
July
- The Company approved a plan for the initial public offering of the ordinary shares of GMM Music Co., Ltd. (GMM Music) which was the subsidiary company, and took the ordinary shares of GMM Music to list as the listed share in the Stock Exchange of Thailand, including approved the necessary things relevant to the plan to list the share in the Stock Exchange of Thailand i.e. the increase of company capital, the allocation of the ordinary share, the public offering of the shares.
September
- The Ccompany transferred the music business, including the transfer of 1. Assets, debts, encumbrances and human resources relevant to the music business. 2. Investment money and shares in the subsidiary company i.e. GMM Music Publishing International Co., Ltd., G200M Co., Ltd., GR Vocal Studio Co., Ltd. and YGMM Co., Ltd. to GMM Music Co., Ltd. (GMM Music).
November
- The company revised the form of the business operation to the holding company which the core business which operates through the subsidiary company and affiliated company namely the music business, home shopping business, and media business. The company does not have any significant business operation. The Board of Directors’ meeting No. 5/2023 on November 14, 2023 approved that the GMM Music will no longer be the operating subsidiary company which was not the listed company of the company once the process of initial public offering (IPO) and listing the GMM Music with the Stock Exchange of Thailand is completed (as notified to the Stock Exchange of Thailand). The GMM O-Shopping Co., Ltd. (O-Shopping) would become the operating subsidiary company which was not the listed company of the company instead of GMM Music.
May

- GMM O Shopping Company Limited ("O Shopping"), a subsidiary of the Company, sold all investments held in the joint venture company, O2KISS Company Limited ("O2KISS"), in the amount of 3 million shares (representing 60% of the registered capital) to Rojukiss International Company Limited Public Company Limited ("KISS") at 5 million Baht.

- GDH 559 Co., Ltd. (GDH) and Broadcast Thai Television Co., Ltd. (BTV) incorporated Special Destiny Co., Ltd. (Special Destiny). They collaborated with Qbix Digital Asset Co., Ltd. (Kubix), a company in the Kasikornbank group and a digital token offering system provider (ICO Portal) in offering "DESTINY TOKEN" digital tokens for investment in the movie Love Destiny 2. The total subscription was 16,087 tokens with a fundraising value of 265 million Baht. The investment period is not over 2 years.

July

- The Company launched "GMM Academy," a world-class artist institute committed to forming Thai idol artists by focusing on 3 parts: idols, pop stars and Thaidols (Luk Thung Artists). There are many talented trainers namely: (1) Mr. Wittawat Weerayano (Teacher Jay), Vocal Master, graduated in vocal training from 5 institutions abroad, and the first person in Asia to get the 1st place from the Panel Test of the Institute For Vocal Advancement from America. (2) Khun Apisarat Petchruangrong (Teacher Jeda), Performance Master, received the Best Choreographer Of The Year award from Mnet Asia Music Awards 2016 and represented Thailand as a judge in The World Hip Hop Dance Championship Hiphop International.

- The Company cooperates with VGI Public Company Limited (VGI), a marketing leader in Offline-to-Online ("O2O") Marketing Solutions. They jointly launch a 3D City Pop campaign, a new media format with innovative Technic 3D Entertainment Illusion, attracting public attention with GMM artists, namely Peck Palitchoke, Getsunova, and Three Man Down, to sing in vertical 3D Concert on the Empire Tower LED screen. There will also be a wrap of the BTS train designed by artists such as Num Kala, Cocktail, Tilly Birds, and Big Ass.

August
- GDH 559 Company Limited ("GDH"), a subsidiary of the Company sold all investments held in an associated company, Nadao Bangkok Co., Ltd. ("Nadao Bangkok"), in the amount of 6,000 shares (equivalent to 30% of the registered capital) to Mr. Songyos Sukmakanan at the price of 6,948,780 Baht.
September
- the Company launched a new boy band, "PERSES" from G'NEST of GMM Grammy, comprising 5 members: Jung, Nay, Krittin, Pluggy, and Palm. The first released song was My Time.
October
- the Company launched the first girl group “ALALA” from White Fox of GMM Grammy, comprising 4 girls member of different style: “Chris – Charinthip Rungthanakiat/ Imm – Pimpatra Wejwarut/ Meiji – Natcha Chaipayom/ Minnie – Bontrika Chewarunothai, and launched a first sone “Not a chance”.
November

- The Company held a concert on 11-13 November (3 rounds) "SINGING BIRD 2022 Episode LIFETIME SOUNDTRACK CONCERT" growing up with Bird's song at Impact Arena, Muang Thong Thani.

- GMM SHOW Units under the Company was the organizer of the biggest music festival in the north, "Chang Music Connection Presents Chiang Yai Fest 3" on November 19-20 at the Royal Train Garden Resort, Chiang Mai

- GMM SHOW Units under the Company were the organizer of the first music festival in the heart of Bangkok, "The Concert Application Presents Monster Music Festival," November 26-27, comprising 5 stages with 70 artists at the National Stadium.

December

- the Company organized the 12th Pepsi presents Big Mountain Music Festival "ALL-NEW BMMF12 It-New-Totally" December 10-11, 2 days and 2 nights, on an area of 600 rai, 9 stages, totalling 150 artists at the Ocean Khao Yai, Nakhon Ratchasima Province.

- The Company launched the project "New Country," a new wave of country music from the Grammy Gold, which released the first music video of the song "Stand by handsome" from 4 members, led by Embo, Tintin, Nu, and Guitar. The group received a good response, especially on TikTok. In addition, the Company has released the song "Ting Ka" by 2 girls, Kik and Matsee, with a fun musical rhythm and has already been viewed on YouTube with more than 2 million views.

January
- The Company appointed Mrs. Kanokporn Sanawatana as a new Chief Financial Officer in replacement of Mrs. Karnsuda Sansuthi who has resigned effective from January 13, 2021.
February
- The Company disclosed board resolution for approval of the Company’s attainment of the right to purchase shares of Rojukiss International Public Company Limited (“KISS”), a leading health and beauty Company. Aiming to expand into a new distribution channel in Media Commerce with health and beauty products via the direct-to-consumer platform (“D2C”), O Shopping Company Limited, a subsidiary of the Company, is co-establishing a new subsidiary (the “JV”) with KISS.
March

- O Shopping Co., Ltd, a subsidiary of the Company, and Rojukiss International Public Company Limited (“KISS”), a leading health and beauty company, established a Joint Venture company under the name O2 Kiss Co., Ltd. with the objective to operate procurement, selling wholesale and/or retail, marketing and sales promotion for cosmetic products, cosmeceuticals, and food supplement, where O Shopping Co., Ltd. hold a 60% stake with the registered capital of THB 50 million.

- The Company disclosed board resolution for approval of the initial public offering (IPO) framework of the newly issued ordinary shares of the companies under The One Enterprise Company Limited (“ONE”), a joint venture of the Company, and the listing of ONE in the Stock Exchange to strengthen the Company’s key business in producing content, including dramas, series and programs which focus on broadcasting via digital TV channels and FM radio frequency channels.

April
- The Company and YG Entertainment Inc. (“YG Entertainment Inc.”), a listed company in Korea Exchange (KRX), established a Joint Venture company with the objective to create comprehensive artist development program under the name YGMM Co., Ltd., where the Company hold a 51% stake with the registered capital of THB 200 million.
May
- The One Enterprise Public Company Limited (“ONEE”), which is a joint venture that the Company’s shareholding 31.27% applied for approval of the offering of newly issued ordinary shares, registration statement and draft prospectus for the offer of securities to the Office of the Securities and Exchange Commission of Thailand (“SEC”), as well as an application for approval of listing ordinary shares on the SET, on May 10, 2021.
June
- The Company exercised the rights to purchase 59,940,000 shares of Rojukiss International Public Company Limited (“KISS”), or equivalent to 9.99% of KISS’s total shares at KISS’s initial public offering price of THB 9.0 per share as agreed upon, with a total value of approximately THB 539.8 million on June 10, 2021.
July
- The Company deregistered discontinued 3 subsidiaries with the Ministry of Commerce: Teentalk Company Limited, G S-one Company Limited, Bravo Studios Company Limited.
August
- The Company deregistered discontinued 1 subsidiary with the Ministry of Commerce: Content and Artist Network Company Limited.
October
- A group of shareholders of the Company, who are members of the Damrongchaitham family, has changed their shareholding in the Company by transferring all of their Company’s shares to Fah Damrongchaitham Co., Ltd., which is a holding company incorporated by the said group of shareholders to restructure the Damrongchaitham family’s shareholding structure to support the family’s business governance in the long term. As a result of the transfer, Fah Damrongchaitham Co., Ltd. has a shareholding of 52.05% of the total voting rights of the Company and has become a major shareholder of the Company.
November
- On November 3, 2021, the ONE Enterprise Public Company Limited has received full payment of the additional capital and then registered the increase of its issued and paid-up share capital from THB 3,810 million (1,905,000,000 ordinary shares with a par value of THB 2 each) to THB 4,762.5 million (2,381,250,000 ordinary shares with a par value of THB 2 each) with the Ministry of Commerce on the same date. However, the increase in registered share capital of Joint venture resulted in a decrease in the Company’s interest in Joint venture from 31.27% to 25.02%. The Stock Exchange of Thailand approved the ONE Enterprise Public Company Limited’s ordinary shares as listed securities, with trading permitted on November 5, 2021.
March
- The Company approved the payment of the interim dividend from the Company’s net profit as of December 31, 2019, at the rate of THB 0.20 per share, at an amount totaling THB 164 million. On July 3, 2020, the 2020 Annual General Meeting of Shareholders had passed a resolution acknowledging the interim dividend payment from the Company’s 2019 profit.
April
- GDH 559 Company Limited, a subsidiary in which the Company holds a 51 percent majority stake, has acquired additional shares in ‘Nam Dee Mai Ngarm Company Limited,’ currently holding a 100 percent stake with a paid-up capital of THB 3 million. Nam Dee Mai Ngarm’s purpose will be to provide marketing communications for movies and series created by GDH 559 Company Limited and carry out public relations and marketing communication strategies with other companies.
November

- The Company passed a resolution to approve the sale of shares in GMM Channel Holding Company Limited, a joint venture of the Company, in the amount of 9,999,998 shares with a par value of THB 100 per share, or equivalent to 50 percent of the total shares of GMM Channel Holding Company Limited at THB 120 per share for a total of THB 1.2 billion, to The One Enterprise Company Limited, another joint venture of the Company. This restructuring has resulted in the Company’s investment in just one joint venture, namely, The One Enterprise Company Limited.

- The Company passed a resolution to approve the purchase of shares by GMM Holding Company Limited, a 100 percent wholly-owned subsidiary of the Company, in ‘GMM Channel Company Limited’ for a total of 20,920,000 shares with a par value of THB 100 per share, or equivalent to 100 percent of the total sold shares at the price of THB 1.

- The Company passed a resolution to approve the purchase of shares by GMM Holding Company Limited, a 100 percent wholly-owned subsidiary of the Company, in ‘Content and Artist Network Company Limited’ for a total of 1,000 shares with a par value of THB 100 per share, or equivalent to 100 percent of the total sold shares at the price of THB 1.

- The Company passed a resolution to approve the purchase of shares by GMM Holding Company Limited, a 100 percent wholly-owned subsidiary of the Company, in A-Time Traveler Company Limited. The purchase of said shares was made from A-Time Media Company Limited and the original shareholders of A-Time Traveler Company Limited for a total of 10,000 shares with a par value of THB 25 per share, or equivalent to 20 percent of the total sold shares at the price of THB 250,000.

- The Company has also passed a resolution effective after the sale of all shares of GMM Channel Holding Company Limited to The One Enterprise Company Limited, with GMM Channel Company Limited as a subsidiary of the Company and licensee for the use of frequencies and as a digital terrestrial television broadcasting business operator. Said resolution approves entering into a contractual agreement for the appointment of a marketing representative for the GMM 25 television channel as well as a licensing agreement for the use of television program names and an intellectual property license agreement between GMM Channel Company Limited and GMM Channel Holding Company Limited for the operation of programs on the GMM 25 television channel starting from January 1, 2021, and expiring at the specified expiry date of the GMM 25 television channel license (including the renewal period). Said license is currently set to expire on April 24, 2029.

- The Company passed a resolution approving financial assistance to The One Enterprise Company Limited as a guarantee for loans from financial institutions in the amount of 31.27 percent, or not more than 50 percent of the THB 2.2 billion loans to The One Enterprise Company Limited to be used as a funding source for the purchase of share prices in GMM Channel Holding Company Limited. The maximum guarantee amount is THB 1.1 billion.

- The Company deregistered discontinued subsidiaries with the Ministry of Commerce, Tifa Studio Limited, Gung Ho Studio Company Limited, and Deetalk Company Limited.

April
- The 2019 Annual General Meeting of Shareholders approved the allocation of statutory reserve amount of Baht 81,994,973 and share premium amount of Baht 2,950,660,598 to compensate for deficit in Retained Earnings of the Company in accordance with the financial statements as of 31 December 2018 in an amount of Baht 3,032,655,571. Consequently, the Company will have outstanding share premium of Baht 1,896,968,197 and its deficit in Retained Earnings will be zero.
June
- The Company deregistered discontinued subsidiaries with the Ministry of Commerce; Digital Gen Company Limited, GMM Thai Hub Company Limited, and GMM Studio Company Limited.
August
- The Company approve the payment of interim dividend from the net profit earned during the first 6 months period of 2019 pursuant to the separate financial statement to the shareholders of the Company, at the rate of Baht 0.10 per share, at an amount totaling Baht 81.99 million approximately or equivalent to 62% of separate net profit.
September
- The Company additionally purchased 2,646,000 ordinary shares at Baht 26.45 per share of GMM CJO Shopping Co., Ltd. from existing shareholders amount Scenario Company Limited, an associate. Thus, the shareholding of the Company in the subsidiary increased from 51 percent to 100 percent.
March
- The Company additionally purchased ordinary shares of The One Enterprise Co., Ltd., a joint venture, for 220 million Baht from Scenario Company Limited, an associate. Thus, the shareholding of the Company in The One Enterprise Co., Ltd. increased from 25.50 percent to 31.27 percent.
May
- GMM Channel Holding Co., Ltd., a joint venture, established a subsidiary name “Chane2561 Co., Ltd” to operates the production of TV programs for broadcasting on Digital TV and online platforms as well as organizing concerts. Change2561 has 20 million Baht in paid-up capital.
August
- Established a subsidiary name "OSP TV Co., Ltd” to operates as a satellite television platform provider. The percentage of shareholding is 51 percent and Paid-up 25 percent at 130,000 Baht. Where, GMM CJO Shopping Co., Ltd, a subsidiary, hold 49 percent of shares.
September
- GMM Channel Holding Co., Ltd., a joint venture, established a subsidiary name “GMM Studio International Company Limited” to operates the production of TV programs for broadcasting on Digital TV and online platforms. GMM Studio International has THB 20 million in paid-up capital.
November

- The Company closed down “Family know how Co., Ltd” an associate, jointly-owned (50 percent) with the Stock Exchange of Thailand, announced the discontinuing of Money Channel which broadcast on cable TV and satellite TV from 1 January 2019 onwards.

- The Company closed down inactive subsidiaries; Tifa Studio, Gung Ho Studios and Bravo Studios.

May

- The Company disposed of the total investment of 90,000 shares or 50 percent of registered capital in 3-RD Company Limited ("3RD"), a subsidiary of the Company to TV Direct Public Company Limited at the price of 111.11 Baht per share amounting to THB 10 million.

- The One Enterprise Co., Ltd., a joint venture successfully increased its registered capital by selling 19,050,000 shares to Prananporn Co., Ltd. at a price of 100 Baht per share totaling 1,905 million Baht equivalent to 50 percent of registered capital. Which resulted in changes in shareholding proportion in The One Enterprise of the Company and Mr. Takonkiet Viravan into 25.50 percent and 24.50 percent respectively; while each shareholder shall provide a guarantee against the debt obligation that The One Enterprise has against the financial institution amounting to 50 percent.

August
- The Company entered into the Share Subscription Agreement for newly issued ordinary shares in GMM Channel Trading Co., Ltd. pursuant to a resolution of the Company’s Board of Directors Meeting No.8/2017, whereby the Subscriber is a juristic person in the category of private limited company with Mr. Thapana Sirivadhanabhakdi and Mr. Panot Sirivadhanabhakdi as its majority shareholders. When combining the increase with the existing registered capital of 800 million Baht, GMM Channel Trading's registered capital will become a total 2,000 million Baht. The conditions precedent specified in the Share Subscription Agreement required the Company to proceed with the restructuring of the investments by its group of companies. In order to have the target group of companies under the GMM Channel Trading comprising (1) GMM Channel Trading Co., Ltd (2) GMM Channel Co., Ltd (3) GMM TV Co., Ltd (4) GMM Media Public Company Limited (5) A-Time Media Co., Ltd and (6) A-Time Traveler Co., Ltd.
September
- The Company entered into a settlement agreement with Fox Network Group Asia Pacific Co., Ltd. ("FOX") under the Marketing and Distribution Licensing Agreement. Whereby the Company agreed to make a payment of USD 10 million to FOX to not only settle the lawsuit filed at the Central Intellectual Property and International Trade Court (the "CIPITC") but also to prevent any other claims which may arise from the agreement in dispute. Accordingly, FOX has filed a petition to withdraw the lawsuit at the CIPITC, and the CIPITC has granted its permission for FOX to withdraw the lawsuit.
December
- The Company completed the restructuring of the investments by its group of companies as specified in the Share Subscription Agreement, thereby the Extraordinary General Meeting of Shareholders of GMM Channel Trading passed a special resolution to approve the increase of the registered capital of GMM Channel Trading by 1,200 million Baht. After completion of the registration of capital increase, the Company will hold 50 percent of the registered shares in GMM Channel Trading; while the Subscribers being Siridamrongdham Co., Ltd wholly owned by Mr. Thapana Sirivadhanabhakdi hold 24.99 percent of the registered shares in GMM Channel Trading; and Bhakdivattana Co., Ltd. wholly owned by Mr. Panot Sirivadhanabhakdi held 24.99 percent of the registered shares in GMM Channel Trading.
January
- GDH 559 Company Limited (GDH 559), a subsidiary of the Company has increased paid-up capital to 150 million baht.
February
- Z PAY TV service operated and owned by CTH group was discontinued, but such Pay TV service was no longer related to the Company after the divestment in 2014. At present, GMM Z actively manages satellite TV platform business providing free to air programs in both C-Band and KU-Band systems for the audiences.
November

- The company entered into the Agreement of Sale and Purchase of Shares in One Enterprise (the "Share Sale and Purchase Agreement") where One Enterprise increase its registered capital by 1,905 million baht. Therefore, the Company will hold 25.50 percent, Mr. Takonkiet’s Group would hold 24.50 percent, and Prananporn would hold 50 percent of the shares in the One Enterprise.

- The Company has duly entered into an agreement directly with UNION DES ASSOCIATIONS EUROPEENNES DE FOOTBALL (“EUFA”) in order for the Company to obtain the broadcasting rights of the European Qualifiers-Qualification Competitions for the 2018 FIFA World Cup. In addition, the Company has entered into a memorandum of agreement with Bangkok Entertainment Co., Ltd., and BEC Multimedia Co., Ltd. (collectively “BEC”) to grant the broadcasting rights of the European Qualifiers-Qualification Competitions for the 2018 FIFA World Cup to BEC for airing via BEC’s channels.

December

- The Chief of the National Council for Peace and Order (NCPO) exercised Section 44 of the interim constitution by issuing Order 76/2016 to relieve the burden for digital TV operators by granting an extension of the deadline to make license payments from 3 years to 6 years with interest rate charged based on MLR by Bank of Thailand. Also, the NBTC and the broadcasting development research fund administrative committee would subsidize the satellite uplink costs for all digital TV stations under the must-carry rules for the next three years.

- In addition, NCPO's order also grants authority to NBTC to revoke the radio frequency licenses totaling 537 channels from government agencies and state enterprises within five years instead of the old one which NBTC has to revoke the licenses in April 2017.

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.

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 .
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.
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.
- 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.)

- 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.

- 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
- GMM Media Public Co., Ltd. voluntarily delisted from the SET

- 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.

- GMM Grammy Jointly invested 51% in capital of Baht 40 million in GMM Fitness Club Co.,Ltd.to provide fitness club serviced. 25 million.
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
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%
- 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).
- 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.
- 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.
- Company's name was changed from Grammy Entertainment Public Company Limited to GMM Grammy Public Company Limited (Grammy).
- 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.
- Mifah, the international academy of music was introduced.
- Expansion into international market by tapping into Taiwan.
- Expansion into publishing business through the acquisition of Image magazine.
- Grammy Entertainment Pcl. was listed on the Stock Exchange of Thailand and the featured film business saw its debut.
- Initiation of copyright protection era.
- 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.
- 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.
- MGA Co.,Ltd. was established to manu facture and distribute various cassette tapes and other related entertainment products through its retail network.
- 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"
- Great success of "Ter 1" a music album by Mr. Rewat 1986
- 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