Background and significant development
Saha Pathana Inter-Holding Public Company Limited (the “Company”) is a member of Saha Group. The Company was firstly incorporated on 5 April 1972, under the name of “Saha Pathana Investment Company Limited”, with a registered capital of Baht 6 million. At present, the Company has a registered capital of Baht 582,923,188 with a paid-up capital of Baht 571,890,666 (as of 31 December 2019). The purposes of the Company are to invest in other companies and to develop industrial parks for Saha Group. The Company was listed on the Stock Exchange of Thailand in 1977 under the ticker symbol “SPI”, changed its name to Saha Pathana Inter-Holding Company Limited in 1984, and was transformed into a public limited company on 9 May 1994.
Company has a registered capital
Offered and issued 4 series of Senior Unsecured Debentures No. 1/2020 totaling THB 5,000 million to institutional and high net worth investors on June 25, 2020 for the purpose of working capital and/or investments and/or restructuring short term debt. For more information, please refer to https://www.spi.co.th/th/investor-relations/debenture-information/debentures.
Despite the pandemic times of Coronavirus, the Company has continued to seek new investment opportunities with strong partners over various business sectors with an aim to develop potential synergy and/or business collaboration with companies under Saha Group, e.g. XET Co., Ltd. which operates King's College International School Bangkok, Saha Advanced Network Co., Ltd. which operates services for fiber optic network, etc.
Selected by the Stock Exchange of Thailand as one of the Thailand Sustainability Investment (THSI) list for the Year 2020
Awarded by Thai Institute of Directors (“IOD”) for its CG Assessment Result under the Corporate Governance Report of Thai Listed Companies (CGR) Project for the Year 2020 at the scoring of 5-star or Excellent Level.
Received a full score of 100 points on the quality of the 2020 Annual General Meeting (AGM) for the 12th consecutive year.
The Company had Baht 582,923,188 in registered capital and Baht 571,890,666 in paid-up capital after some debentures were converted during the year. As of 31 December 2019, the Company had an outstanding convertible debentures of Baht 1,908,000.
The Company has diversified and strengthened its investment portfolio by expanding into new joint ventures (e.g. Saha Capital Tower Co., Ltd. to operate property development projects, Donki Thonglor Co., Ltd. to operate a Japanese retail business with an aim to develop potential synergy and/or business collaboration with companies under Saha Group.
The Company’s membership to Thailand’s Private Sector Collective Action against Corruption was re-certified on 4 November 2019.
The Company was selected as one of the 98 enterprises on Thailand Sustainability Investment (THSI) list of 2019 prepared by the Stock Exchange of Thailand.
Expanding into new businesses that could be synergized with and/or businesses with growth potential for Saha Group, such as Impact Solar Limited (Renewable energy operator) and Saha Komehyo Co., Ltd. (Second‐hand brand name product retailer) with an aim to diversify investment portfolio and strengthen investment portfolio.
As at 31 December 2018, the Company's paid‐up registered capital was increased from THB 494,034,300 to THB 571,515,007 as a result of convertible debentures being converted 2 times during 2018, amounting to THB 3,486,635,000, which were converted into 77,480,707 ordinary shares. The remaining balance for convertible debenture was THB 18,813,000 as at 31 December 2018.
Completed an Entire Business Transfer of President Holding Co., Ltd. and made a tender offer to acquire more stake in President Rice Products Public Company Limited and President Bakery Public Company Limited. This transaction garnered the Company at the “BEST THAILAND DEAL” recognition from FinanceAsia magazine.
Issued convertible debentures no. 1/2017 with total value of THB 3.505 billion at a fixed interest rate of 0.7% per annum and maturity within 2024. The Company received the 'Most Innovative Deal' recognition award from this transaction during the Best Bond Awards 2017 hosted by the Thai Bond Market Association (Thai BMA).
Issued and offered debentures with a total principal value of no more than THB 15 billion, the Company issued and began offering two sets of debentures with a total value of 2 billion baht on February 9, 2017
Certified by the Thailand’s Private Sector Collective Coalition Against Corruption (CAC) on October 14, 2016
Appointed the Corporate Governance and Risk Management Committee
Appointed the Corporate Governance and Anti- Corruption Working Group, the Risk Management Working Group, and the Social Responsibility Working Group to support its work
Developed a community mall named J-Park Si Racha Nihon Mura, to the Company's portfolio
Opened KBSC Hotel in Wang Dan, Kabinburi, Prachin Buri, which is located on a golf course
Transformed into a public limited company on the 9 May 1994
Establishment of Saha Group Industrial Park, Kabinburi and Saha Group Industrial Park, Lamphun
Registered capital increased to THB 800,000,000
Change of the company name to Saha Pathana Inter-Holding Co., Ltd.
Listing in the Stock Exchange of Thailand (SET)
Establishment of Saha Group Industrial Park, Si Racha, Chonburi Province
Incorporated on 5 April 1972, under the name of Saha Pathana Investment Co.,Ltd., with the initial registered capital of THB 6,000,000.