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BOL Thailand Makes Strategic Investment in Ecart Studio Co. Ltd.

BOL 200Business Online Thailand has acquired a 15% equity interest in Ecart Studio, a developer of Web-based applications and enterprise location based software applications.  Price of the transaction was 52,941,176 Baht (US$ 1.64 million).

Ecart Studio’s deep expertise in online mapping systems is to further BOL’s business potential in the future.  Both companies will partner in government projects.

Source:  BOL Filing

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