Loxley - OSK

RHB Research 06 Mar 2013
Technology business
For its technology division, Loxley provides services and procures technology products, e.g. it is a
3G mobile service reseller and distributes mobile phones and related products as well. It also
provides services and sales of printing products, installs systems for expressway management and
railway, as well as provides real estate management services. The company was chosen by ToT to
be a 3G mobile phone ‘reseller’ or a Mobile Virtual Network Operator (MVNO) and is licensed by the
National Broadcasting and Telecommunications Commission (NBTC) to operate under the Type 1
telecommunications service. Its iKool Real 3G mobile service brand has been operating for two
years, albeit at a loss. Loxley has been selling mobile phone devices and is the distributor of Sony
Ericsson phones and is also an importer and distributor of tablets from Apple as well as other
brands.
TRADING BUSINESS
The group’s trading division engages in manufacturing and distribution of equipment for the
consumer, industrial chemical, computer, and telecommunications industries. It also distributes
construction equipment and services, as well as automobile and other specialized procurement
services.
Figure 3: Products under Loxley’s trading division
Source: Loxley
SERVICE BUSINESS
The group offers security services at the Suvarnabhumi Airport, security equipment and systems
for office buildings, hotels, and hospitals, as well as businesses in media, education and
entertainment. Its trading business is anchored by Asia Security Management (ASM), a JV between
Loxley and ICTS Europe Holdings, a leading security provider in Europe.
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