Subsidiaries, Associated and Joint Venture Company Structure
(1) SR Power Holding Co., Ltd. (SPH)
The Company registered the establishment of a new subsidiary on May 18, 2017 with the main objective to support investment into solar farm projects and business operations in other energy businesses. The registered capital of the company is 30,000,000 baht (Thirty million baht) divided into 3,000,000 ordinary shares with a par value of 10 baht per share, which Siamraj Public Company Limited has a shareholding of 2,999,997 shares or 99.99 percent. The head office is located at the Siamrajathanee Building, No. 289/9 Moo 10, Old Railway Road, Samrong Sub-district, Phra Pradaeng District, and Samut Prakan 10130.
(2) SR Commercial Holding Co., Ltd. (SCH)
The Company registered the establishment of a new subsidiary company on July 5, 2017 with the main objective to invest into other potential businesses which mainly focusing on design, construction and operation in car park and automatic parking system with a registered capital of 82,000,000 baht (Eighty two million baht) divided into 8,200,000 ordinary shares, with a par value of 10 baht per share, which Siamraj Public Company Limited has a shareholding of 8,199,997 shares or 99.99 percent.
Subsequently, the capital increased of SR Commercial Holding Co., Ltd. by 64,000,000 baht (Sixty four million baht) from the original registered capital of 82,000,000 baht (Eighty two million baht) to be a total of 146,000,000 baht (One hundred forty six million baht) by issuing 6,400,000 new shares with a par value of 10 baht per share on July 31, 2018. The Siamraj Public Company Limited has a shareholding of 14,599,997 shares or 99.99 percent.
January 23, 2018 the Company had increased the capital of SR Commercial Holding Co., Ltd. by 8,000,000 baht (Eight million baht) from the current registered capital of 146,000,000 baht (One hundred forty six million baht) to be a total of 154,000,000 baht (One hundred fifty four million baht) by issuing the new shares of 800,000 new shares with a par value of 10 baht per share. The Siamraj Public Company Limited has a shareholding of 15,399,997 shares or 99.99 percent.
June 8, 2019 the Company had increased the capital of SR Commercial Holding Co., Ltd. by 94,000,000 baht (Ninety four million baht) from the current registered capital of 154,000,000 baht (One hundred fifty four million baht) to be a total of 248,000,000 baht (Two hundred forty eight million baht) by issuing the new shares of 9,400,000 new shares with a par value of 10 bath per share. The Siamraj Public Company Limited has a shareholding of 24,799,997 shares or 99.99 percent.
March 9, 2020 the Company had increased the capital of SR Commercial Holding Co., Ltd. by 45,000,000 baht (Forty five million baht) from the current registered capital of 248,000,000 baht (Two hundred forty eight million baht) to be a total of 293,000,000 baht (Two hundred ninety three million baht) by issuing the new shares of 4,500,000 new shares with a par value of 10 bath per share. The Siamraj Public Company Limited has a shareholding of 29,299,997 shares or 99.99 percent.
June 18, 2020 the Company had increased the capital of SR Commercial Holding Co., Ltd. by 20,500,000 baht (Twenty million five hundred thousand baht) from the current registered capital of 293,000,000 baht (Two hundred ninety three million baht) to be a total of 313,500,000 baht (Three hundred thirteen million five hundred thousand baht) by issuing the new shares of 2,050,000 new shares with a par value of 10 bath per share. The Siamraj Public Company Limited has a shareholding of 31,349,997 or 99.99 percent.
The head office is located at the Siamrajathanee Building, No. 289/9 Moo 10, Old Railway Road, Samrong Sub-district, Phra Pradaeng District, and Samut Prakan 10130.
(3) TKS Venture Co., Ltd. (TKSV)
The Company registered the establishment of a new subsidiary company on July 12, 2017 with the main objective to invest into other potential businesses which mainly focusing on design, construction and operation in car park and automatic parking system with a registered capital of 10,000,000 baht (Ten million baht) divided into 1,000,000 ordinary shares with a par value of 10 baht per share.
November 1, 2017 TKS Venture Company Limited increased its registered capital to 100,000,000 baht (One hundred million baht) divided into 10,000,000 ordinary shares with a par value of 10 baht per share.
March 9, 2020 TKS Venture Company Limited increased its registered capital to 150,000,000 baht (One hundred fifty million baht) divided into 15,000,000 ordinary shares with a par value of 10 baht per share.
TKS Ventures Company Limited is a subsidiary company that SR Commercial Holding Co., Ltd. had hold the shares 89.99 percent which its holding shares by Siamraj Public Company Limited for 99.99 percent. And TKSV had signed a land lease agreement for the construction and management of the parking building at Thammasat Hospital, Thammasat University (Rangsit Campus) with Thammasat University (“The Lessor”), on July 17, 2017 which the construction had finished completely and started to open the business around the end of 2018. The head office is located at the Siamrajathanee Building, No. 289/9 Moo 10, Old Railway Road, Samrong Sub-district, Phra Pradaeng District, and Samut Prakan 10130.
(4) Techtronic Co., Ltd. (TTN)
The Extraordinary General Meeting of Shareholders No. 2/2017 approved to purchase and accept of the entire business transfer from Techtronic Holding Company Limited (“Techtronic Holding”) on October 3, 2017. The whole entire business transfer including entering into the entire business transfer agreement, and other documents related to all transactions, which later “Techtronic Holding Company Limited”, which is a shareholder in “Techtronic Company Limited” for 100 percent. At the present, Techtronic Holding Co., Ltd. was dissolution completely which nowaday its doing business under the name of Techtronic Company Limited.
Subsequently, on July 31, 2018, the Company purchased the additional shares of Techtronic Co., Ltd. in the amount of 14,000,000 baht from the original registered capital of 6,000,000 baht to be the registered capital of 20,000,000 baht by issuing 140,000 new ordinary shares at the par value of 100 baht per share, which Siamraj Public Company Limited having a shareholding of 199,998 shares or 99.99 percent. The head office of Techtronic Co., Ltd. is located at No. 14, Samyakbypass, Sukhumvit Road, Noen Phra Sub-district, Muang Rayong District, Rayong Province.
(5) Joint Venture Siamraj and Tekhatatn Co., Ltd. (JST)
November 16, 2017, the Company registered the establishment of a new subsidiary, which the main objective to operate the construction business with a registered capital of 5,000,000 Baht (Five million bath) divided into 500,000 ordinary shares with a par value of 10 Baht per share. The Siamraj Public Company Limited holds a 59.99 percent and Tekhatatn holds a 40 percent of the registered capital. The Joint Venture Siamraj and Tekhatatn‘s head office is located at the Siamrajathanee Building, No. 289/9 Moo 10, Old Railway Road, Samrong Sub-district, Phra Pradaeng District and Samut Prakan 10130.
(6) C2C Solutions Co., Ltd. (C2C)
June 12, 2018, the SR Power Holding Co., Ltd (“SPH”), a subsidiary of Siamraj Public Company Limited with holds a 99.99 percent of all the shares of the SR Power Holding Co., Ltd. The Company had participate to purchase the solar plant shares of C2C Solutions Co., Ltd. (“C2C”) (0.998 megawatts of electricity) from the Power System and Service Co., Ltd. SPH holds 89,105 shares in C2C, representing 25.1 percent of C2C’s registered capital. The Company had sent the representative to be a director in C2C being participant of management to manage the solar power plant in proportion to their holding which the C2C is also an associated company.
(7) Soltech Solutions Co., Ltd. (Soltech)
On June 12, 2018, the SR Power Holding Co., Ltd (“SPH”), a subsidiary of Siamraj Public Company Limited with holds a 99.99 percent of all the shares of the SR Power Holding Co., Ltd. The Company had participate to purchase the solar plant shares of Soltech Solutions Co., Ltd. (“STS”) (4.989 megawatts of electricity) from the Power Sun Solutions Co., Ltd. SPH holds 205,820 shares in STS, representing 25.1 percent of STS’s registered capital. The Company had sent the representative to be a director in STS being participant of management to manage the solar power plant in proportion to their holding which the STS is also an associated company.
(8) CAPS Co., Ltd. (CAPS)
August 6 2018, the Company registered the establishment of additional subsidiaries with the objective of invest into mainly focusing on design, construction and operation in car park and automatic parking system with a registered capital of 100,000,000 baht (One hundred million baht) divided into 10,000,000 ordinary shares with a par value of 10 baht per share. CAPS Company Limited (“CAPS”), a subsidiary company of SR Commercial Holding Co., Ltd. holds 80 percent of the shares. The Siamraj Public Company Limited holds a 99.99 percent of all the shares of the SR Commercial Holding Co., Ltd. which we had sign a contract to operate and management of the car park building at Chiang Mai Airport by the Airports of Thailand Public Company Limited on August 17, 2018. The construction had finished and started to open on September, 2020. The head office is located at the Siamrajathanee Building, No. 289/9 Moo 10, Old Railway Road, Samrong Sub-district, Phra Pradaeng District, and Samut Prakan 10130.
(9) BUPS Co., Ltd. (BUPS)
June 12 2019, the Company registered the establishment of additional subsidiaries with the objective of invest into mainly focusing on design, construction and operation in car park and automatic parking system with a registered capital of 100,000,000 baht (One hundred million baht) divided into 10,000,000 ordinary shares with a par value of 10 baht per share. BUPS Company Limited (“BUPS”), a subsidiary company of SR Commercial Holding Co., Ltd. holds 93.99 percent of the shares. The Siamraj Public Company Limited holds 99.99 percent of all the shares of the SR Commercial Holding Co., Ltd. which we had sign a contract to operate and management of the car park building at Burapa University by on August 28, 2019. The construction plan to finish around 18 months and plan to open around 2022. The head office is located at the Siamrajathanee Building, No. 289/9 Moo 10, Old Railway Road, Samrong Sub-district, Phra Pradaeng District, and Samut Prakan 10130.
Major Shareholders at December 31, 2021
| Major Shareholders |
Shares |
Percent (%) |
| 1. Mr.Kiat Vimolchalao’s Family | ||
| 1.1 Mr.Kiat Vimolchalao |
216,194,900.00 |
31.95 |
| 1.2 Mrs.Wacharaporn Vimolchalao |
51,300,000.00 |
7.58 |
| 1.3 Miss Krittina Vimolchalao |
51,300,000.00 |
7.58 |
| 1.4 Mr. Krittin Vimolchalao |
51,300,000.00 |
7.58 |
| Total of Mr.Kiat Vimolchalao’s Family |
370,094,900.00 |
54.70 |
| 2. Mr.Jarupot Neesanant’s Family | ||
| 2.1 Mr.Jarupot Neesanant |
28,800,000.00 |
4.26 |
| 2.2 Miss Nakhanant Neesanant |
23,000,000.00 |
3.40 |
| 2.3 Mrs. Uratcha Neesanant |
5,350,000.00 |
0.79 |
| Total of Mr.Jarupot Neesanant’s Family |
57,150,000.00 |
8.45 |
| 3. Mr.Torchoke Laoluechai’s Family | ||
| 3.1 Mr.Torchoke Laoluechai |
42,088,600.00 |
6.02 |
| 3.2 Miss Nareerat Jitsaensuay |
180,000.00 |
0.03 |
| Total of Mr.Torchoke Laoluechai’s Family |
42,268,600.00 |
6.25 |
| 4. Mr.Chatchawan Jetjumnongkit |
30,855,673.00 |
4.56 |
| 5. Mr.Vipong Rattanasiriwilai |
25,701,800.00 |
3.80 |
| 6. Mr.Surapol Tungkaprasert’s Family | ||
| 6.1 Mr.Surapol Tungkaprasert |
7,932,000.00 |
1.17 |
| 6.2 Mr.Kantapol Tungkaprasert |
13,500,000.00 |
1.99 |
| Total of Mr.Surapol Tungkaprasert’s Family |
21,432,000.00 |
3.17 |
| 7. Mrs.Pulsuk Magaranont’s Family | ||
| 7.1 Mrs. Pulsuk Magaranont |
9,050,000.00 |
1.34 |
| 7.2 Mr. Tanachit Magaranont |
1,103,000.00 |
0.16 |
| 7.3 Miss Waradee Magaranont |
4,746,000.00 |
0.70 |
| Total of Mrs.Pulsuk Magaranont’s Family |
14,899,000.00 |
2.20 |
| 8. Mr.Prasert Saengsuwan |
11,448,000.00 |
1.69 |
| 9. Mr.Chatchai Pukayaporn |
7,200,000.00 |
1.06 |
| 10. Mr.Rachata Pumpanmuang’s Family | ||
| 10.1 Mr.Rachata Pumpanmuang |
4,000,000.00 |
0.59 |
| 10.2 Miss Chomkamol Pumpanmuang |
1,909,900.00 |
0.28 |
| Total of Mr.Rachata Pumpanmuang’s Family |
5,909,900.00 |
0.87 |
| 11. Others |
89,740,127.00 |
13.26 |
| Total Amount |
676,700,000.00 |
100.00 |