“BYD” rises! Highlighting the trading program “Beyond Intelligence Trading” (MT5)

Expand the customer base, hoping to grow by leaps and bounds, reaching 2% in the market next year.

Accelerate the restructuring plan to become a holding company to support business expansion.

Omsin Siri, CEO of Beyond Securities Public Company Limited, revealed a business strategy focusing on quality growth from the core business, brokerage and investment in mass transit using electric vehicles. Strengthening technology and sustainability and introducing new innovation, “Beyond Intelligence Trading” (MT5) trading platform, enhances services, expand customer portfolio, pin down brokerage business next year, grab 1-2% of the market share, IPO deals, income from investment in bus and electric boat services. Confidence to support 2022 performance with leaps and bounds growth, preparing to kick off restructuring to become a holding company at the end of this year.

Omsin Siri, Chairman of the Executive Committee and Chief Executive Officer (Support Division) of Beyond Securities Public Company Limited or BYD operates the business of providing brokerage services for securities listed on the Stock Exchange of Thailand (SET) and derivatives trading agency (TFEX). She revealed the overall picture of business operations in 2022 that income from the main business is likely to grow in a better direction compared to the previous year by giving importance to generating more income from both securities and futures brokerage businesses (brokers), income from fees and financial advisory services. Both equity and debt instruments, including income from mass transit business that BYD has invested through a joint company named Ace Incorporation Company Limited (ACE), where ACE holds 100% of shares in Thai Smile Bus Company Limited (TSB), which is a bus service provider, travel in Bangkok and provinces areas with electric buses.

Pathita Milindhajinda, Chief Executive Officer (Securities Business Division), said that this year the company aims to turn around operating profits, especially in the securities business, to grow exponentially due to investment in systems and personnel. Which sets the market share target for 2023 to increase to 1-2% from 0.1-0.2% in 2021, while in 2024 it is expected to increase to reach number 1 in the top 10 in the securities business. Recently, BYD has developed the trading program “Beyond Intelligence Trading” (MT5) together with trading partners to satisfy the customer needs and focus on service quality and also expand the customer base by using technology to create returns from investments in both up and down market conditions. MT5 will be a program that helps investors analyze and trade stocks automatically with robots and also has an intelligent system that helps keep an eye on the movement of Volume, Bid/Ask, Ticker on the market quickly and real-time, which has started full service today. Another important factor is since the end of last year, the company has hired more investment advisory (marketing) staff, invest in a securities trading system that is convenient and fast, including developing new innovative technologies to increase potential and returns. Even though we are faced with fluctuations from the economic and world situations, there is still continuous development.

In terms of fee and service income, there will be income from the financial advisory business of listing 2 shares on the Stock Exchange of Thailand and 4-5 other investment banking services, including income from being a co-distributor and underwriter of both debentures and IPOs. In the first half of the year, it co-distributed IPOs to two companies, Function International Public Company Limited (FTI) and Teka Construction Public Company LImited (TEKA) ensuring that the securities business will grow exponentially.

We not only seek innovation for our customers and investors, but also have the intention to give back to society by providing knowledge, creating careers for students and the new generation. BYD collaborates with College of Innovative Business and Accountancy, Dhurakij Pundit University (CIBA) established BYD Academy, a battleground that provides investment knowledge and investment skills development for students and the general public who are interested to accumulate experience, develop abilities and strengthen their potential to be able to further their careers in the future. For students who are about to graduate or are interested in pursuing a career in the securities business, the company also accepts applications for both new graduates and interns.

The Chief Executive Officer said, “In 2022, the company will receive more income from investments through its associated company Ace Incorporation Company Limited (ACE), in which ACE holds 100% of the shares in the bus public transportation service business, Thai Smile Bus Company Limited (TSB). Currently, a subsidiary company in the TSB Group has already operated 8 electric buses with a total of 112 units and is ordering 96 more electric buses to operate this year. In addition, in March, TSB was selected by the Department of Land Transport to operate an additional 71 lines. Therefore, they are preparing to order electric buses to be put into service starting this November for at least 758 buses. TSB is also in the process of making additional investment, b purchasing all the shares of Smart Bus Company Limited (SMB), the owner of bus routes for a total of 37 routes, EXA Logistics Company Limited, the owner of bus routes for a total of 2 routes and Rajaroad Company Limited, the owner of bus routes for a total of 4 routes. In addition to investing in electric bus services, TSB will also acquire 100% of shares in E Smart Transport Company Limited (EST), an electric boat travel service provider in Chao Phraya River as well.”

If TSB’s expansion project goes as expected, it will bring about the most significant transformation of Thailand’s mass transit system that will be able to connect at least 122 bus lines and electric boats serving the Chao Phraya River together. This creates a network that covers a wide service area from Bangkok to all contiguous provinces. And a low-cost fare system can be implemented to reduce people’s travel expenses. It also reduces pollution from old vehicles towards the use of electric vehicles without exhaust, clean, safe and can be produced in Thailand.

Successful results from the implementation of the said plan will be a path that will eventually lead to the restructuring of BYD into an investment company or holding company, which is currently being prepared and will begin operations in the third quarter. BYD aims to not only be a securities business operator, but also to use technology to drive the company’s growth and give back to society at large along with conserving the environment in order to generate good returns for shareholders sustainability, Omsin Siri concluded.