Titan Capital Group Holdings acquires stake in online gaming company

Titan Capital Group Holdings acquires stake in online gaming company

Takes 70% share in ROL, invests over 11 million to acquire ‘Age Of Khagan’ and prepares to take on the Thai gaming market

Titan Capital Group Holdings Co.,Ltd., a company focusing on investing in a variety of businesses both domestically and internationally, led by Mr. Tantai Narongkoon, Chief Executive Officer, has acquired 70% of shares in the Thai gaming company, Republic Of Legends Co.,Ltd. (ROL), of which he is Managing Director.

ROL is an online game developer in ASEAN with an authorised capital of 10 million baht. The company has a management team with a lot of experience in producing and developing online games. The team includes Mr. Pokai Jansongkroh, Head of Development, who is a specialist in design and development of various gaming systems on several platforms, and Mr. Jakkrapong Tull, Head of Marketing, who is an expert in marketing strategies in gaming businesses.

They will join forces with each other to create games that meet the needs of gamers and bring memorable co-experiences to players, and help ROL become a leader in the “Variety Game Hub,” a game centre in ASEAN for a variety of popular games past and present.

“The first game that ROL will release in March is ‘Age Of Khagan’, the legendary MMORPG (Massively Multiplayer Online Role-Playing Game) game with a levelling-up concept,” said Mr. Tantai. “ROL has invested more than 11 million baht to buy the rights from Khanatic Network Gaming (KNG), a big game development company in the Philippines, and also signed a memorandum of understanding to jointly develop the game, adapt it to the modern era and provide

cross-platform functionality, allowing users to play both on mobile phones (iOS and Android) and PC. ROL reserves the rights to manage and publish ‘Age Of Khagan’ exclusively in Thailand for seven years.”

“The reason we chose Age Of Khagan to pioneer the Thai market is because it is a well-known game with many existing players. We therefore brought the game to develop it by adding new technologies that improve its quality and make it stable and match the lifestyle of people regardless of gender or age. We added a new feature to the game with R3D (Real 3D Live Gaming) so players can have a sense of realism. Those who like extremely diverting battles with many characters from different career fields will have a great experience. Players can upgrade their characters’ battle classes. The game also has fantasy costumes and a party system that supports up to 15 players, so Thai gamers can enjoy the experience without interruption.”

“In the first year, the company will budget approximately 20 million baht for marketing and advertising of Age Of Khagan across every social platform. This includes promoting the game by hiring famous streamers and influencers and organising events and building a gaming community. Players can introduce the game to their friends and families. This is our way to expand the consumer base and create engagement among players, which can motivate and encourage them to stay in the gaming ecosystem longer. We will form a partnership with others in the gaming industry to enhance the quality of the gaming community and make it stronger.”

“The overall online gaming industry in Thailand was worth around 47,000 - 50,000 million baht last year. There is still a lot of room for growth since playing online games is one of the activities preferred by younger generations who play for entertainment and socialising and to spend their free time effectively. The improvement in technology enables people to access the game easily and effectively. Adding cross-platform functionality to ‘Age Of Khagan’ enables it to be played on both mobile phones and computers. Gamers can experience the enjoyment nonstop

24/7. By the end of this year, we expect to have received feedback from over 50,000 gamers. We also plan to invest in other interesting online gaming businesses and launch new games continuously.”

For more information: https://www.facebook.com/ageofkhaganthailand

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