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Thai Radio Production Business Plans Two-Station Expansion.
Sep. 5--Traffic Corner Holdings Plc has announced a plan to double the size of its radio production business by seeking to operate two additional FM stations.
The expansion will be carried out next year by a subsidiary, Traffic Corner Radio Co, which would invest 20-30 million baht in a new studio and recruit 40-50 production personnel.
Currently, the company operates two stations, FM 107 in English, and Luk Tung FM 95, a country music station jointly operated with Luk Tung Co.
Under the plan, the company would acquire a stake in Luk Tung FM Co via a share swap by the end of this year.
M.R. Rujayapha Abhakorn, executive vice-president ...
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