Page 93 - KEX EXPRESS (THAILAND) PUBLIC COMPANY LIMITED : ANNUAL REPORT 2024

KEX EXPRESS (THAILAND) PUBLIC COMPANY LIMITED 93

Total Amount
Related Parties / Nature of (Unit: THB Million) Transaction
Relationships Transactions Rationale
Year 2023 Year 2024 Operational Highlights and Financial Summary

BSS Holding Company Limited. Sales of goods and services KEX promotes Rabbit
(“BSSH”) product and service at
Marketing Revenue 12.67 -
A subsidiary of VGI, which has Trade and other receivables 7.02 - shops, online media and
a 15.45% stake in KEX mobile application of KEX.
The charging rate are com-
parable to those given to
third party.

Bangkok Smartcard System Other Income KEX receives commission
Company Limited (“BSS”) Commission income - - from BSS customers who Key Milestones
A subsidiary of VGI, which has Trade and other receivables 0.0005 - top-up their Rabbit Cards
15.45% stake in KEX at KEX parcel shops at the
Trade and other payables 0.007 - fixed-percentage rate
which was agreed upon by
both party.

Fanslink Communication Sales of goods and services KEX provides fulfillment Business Overview
Company Limited (“FANSLINK”) services for Fanslink. The
Sales and service income 5.87 -
A subsidiary of VGI, which has Trade and other receivables 5.12 - fulfillment rates charged to
a 15.45% stake in KEX Fanslink are comparable to
those charged to third party.

Guangzhou S.F.Express Co., Sales of goods and services KEX provides custom
Ltd. clearance, last-mile deliv-
Sales and service income - 0.008
A subsidiary of S.F. Holding ery service for SF. The last Governance Structure and Practices
Co., Ltd, KEX’s ultimate major mile-delivery and customs
shareholder clearance surcharge rates
and conditions are compa-
rable to those given to third
party.

SF Express Co., Ltd. Beijing Sales of goods and services KEX provides custom
clearance, last-mile delivery
A subsidiary of S.F. Holding Sales and service income - 1.08
Co., Ltd, KEX’s ultimate major Trade and other receivables - 0.11 service for SF. The last Financial Performance
shareholder mile-delivery and customs
clearance surcharge
rates and conditions are
comparable to those given
to third party. Sustainable Development