Plan B Media Public Company Limited announced that the Board of Directors meeting of the company held on 21 June 2017, approved the joint venture with Panyathip Advertising, Lao People's Democratic Republic by holding 50 of total issued shares in joint venture and the Company will enter into the Memorandum of Understanding (MOU) on June 22, 2017. Company name to be Panyathip Plan B Media, with a registered capital of USD 2,800,000 by divided into 1,000 ordinary shares with the par value of USD 2,800 (fully paid-up), and business nature is to provide out-of-home media advertising with 63 static billboards. Shareholding structure to be 50% for Plan B Media Public Company Limited and 50% for Panyathip Advertising. The term of MOU shall expire upon execution of the shareholders' agreement within third quarter 2017 after the joint venture has been completely set up and may be extended upon mutual agreement of the parties to MOU.