“KETRO” Joins Hands with “GOLFZON” to Move Forward with a Major Project to Open a Golf Center in Thailand

Ketro Company Limited has joined hands with GOLFZON Company Limited, a global leader in Golf Simulator technology and comprehensive golf business, to sign a Memorandum of Understanding to establish strategic cooperation in the development of the Indoor Golf business in Thailand. The collaboration aims to support the growth of golf players and urban lifestyles seeking a convenient, easily accessible, and international-standard golf playing and practice experience.

Under this collaboration, both parties will jointly establish a pilot Golf Center and expand upon the success of the collaboration to study and evaluate the possibility of establishing a Joint Venture (JV) to operate the Indoor Golf business, as well as opportunities to develop cooperation in distributorship, franchise, and other related business cooperation models in the future.

Mr. Seongrag Pyo, Managing Director, Ketro Company Limited, under Saha Group, said “Saha Group has long-standing experience in the golf business. Currently, Saha Pathana Inter-Holding Public Company Limited operates three international-standard golf courses, namely Treasure Hill Golf Club in Chonburi Province, Kabinburi Sport Club in Prachinburi Province, and Hariphunchai Golf Club in Lamphun Province. All three play an important role in supporting the growth of industrial estates, as well as tourism and hospitality, which have become increasingly important due to economic expansion and the growing number of businesspeople and foreigners staying and conducting business in Thailand.

“Based on our experience in the golf business, we see strong growth potential for the Indoor Golf market in Thailand, which continues to gain popularity among the new generation of golfers and urban consumers who want a convenient and international-standard practice venue. KETRO is therefore pleased to cooperate with GOLFZON, a global leader in Indoor Golf technology, to further develop our golf business to cover practice, entertainment, and the creation of a community for golf lovers.”

“We are confident that our expertise in area development and creating Synergy with various businesses under Saha Group, combined with GOLFZON’s technology and experience, will help elevate the standards of Thailand’s Indoor Golf industry, while expanding into new business opportunities and creating long-term mutual growth,” Mr. Seongrag Pyo said.

Mr. Kang Su Park, Chief Executive Officer, GOLFZON Company Limited, said “GOLFZON is committed to continuously developing technology and innovation under its vision to make golf an accessible and enjoyable activity, opening opportunities for all groups of people to experience golf through the Screen Golf system. The success of GOLFZON in many countries has proven that Indoor Golf can create a large number of new golfers, including women, the new generation, and people who have never played golf before. We believe this experience can be extended to Thailand through cooperation with KETRO, opening opportunities for Thai people to access and enjoy golf even more.”

“We believe in the potential of Saha Group and are ready to work closely together to jointly expand golf culture in Thailand. The signing of this cooperation marks the beginning of studying business opportunities and laying the foundation for long-term cooperation, not only in Thailand, but we also believe it can be further expanded into business opportunities at the Southeast Asian regional level,” Mr. Kang Su Park said.

The signing ceremony was honoured by senior executives from both companies who jointly signed and witnessed the ceremony, comprising Mr. Seongrag Pyo, Managing Director, and Mr. Vorayos Thongtan, Director, Ketro Company Limited, together with Mr. Kang Su Park, Chief Executive Officer, and Mr. Duchwan Lee, Team Manager, Global Business Team, GOLFZON Company Limited.

GOLFZON, a global leader in Golf Simulator technology and comprehensive golf-related business, was established in the Republic of Korea and has expanded branches worldwide, including in the United States and Asia. With advanced innovation, GOLFZON enables players to experience realistic golf through accurate and lifelike simulation systems. For more information, please visit https://www.golfzon.com/

KETRO, a subsidiary under Saha Group, was established with the primary objective of supporting and promoting businesses from the Republic of Korea to invest and operate in Thailand with stability and success. The Company is committed to creating sustainable growth through Saha Group’s strong business network and partnerships under the philosophy of “Success with Synergy & Sharing.”