PTG partners with MEA to link MEA Point and Max Point reward systems for electricity and fuel discounts

M&A · PartnershipIndustry
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Summary · why it matters

Max Me Corp Co., Ltd., part of PTG Energy Public Company Limited, or PTG, has signed a three-year memorandum of cooperation with the Metropolitan Electricity Authority, or MEA, under a program to exchange MEA Point and Max Point loyalty points. The program allows electricity users to convert MEA Point into Max Point and redeem them for discounts on fuel, products, services, or rewards within the PTG network, as well as for electricity bill discounts. Rangsan Puangprang, a director of Max Me Corp, said the company currently has a combined membership base of more than 25 million, while MEA has about 4.3 million customers, and he expects new partners in the utilities sector to keep joining. The program also includes a campaign to promote electricity bill payments, in which those who pay their MEA electricity bills through the Max Me application will receive an extra 50 points per electricity bill, limited to three entitlements per member per month, from September 17, 2026 to October 31, 2026. Pattra Suwandech, deputy governor of the Metropolitan Electricity Authority, said the partnership will expand the options for using points through the partner network and is an opportunity to build on cooperation in products, services, and innovation in the future. As for the earnings outlook for the third quarter of 2026, although it is a low season for the business due to higher oil prices and weaker consumption, sales are still better than in the first quarter of 2026 and marketing margins remain at a level the company can accept.

Impact on stocks 1

Electrification & Mobility▲ · 1 stocks
PTG Energy PCL
PTG
▲ PositiveDemandrelevance

PTG's Max Me unit signed a 3-year MEA points-exchange partnership letting 4.3M MEA customers redeem points for fuel and products across the PTG network, expanding its customer base and sales.

Off-coverage companies 2

Max Mee CorpPrivate▲ Positive
Demandrelevance

Max Me Corp signed the MEA cooperation, adding 4.3M MEA customers to its 25M-member Max Point ecosystem and driving app-based bill payments and redemptions.

Metropolitan Electricity AuthorityPrivate▲ Positive
Demandrelevance

MEA's 4.3M electricity customers gain expanded point-redemption options and a bill-payment campaign through the Max Me app, boosting engagement with its services.

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