Investor Relations

History

2014

The Extraordinary General Meeting of Shareholders No. 2/2004 held on September 9, 2004, has approved the Company to proceed as follows.

  • Convert private limited Company into public limited Company.
  • Change the Par Value per share from THB 10 to THB 0.25.
  •   Increase the registered capital from THB 70,000,000 (divided into 280,000,000 ordinary shares with Par Value THB 0.25) to be THB 120,000,000 (divided into 480,000,000 ordinary shares with Par Value THB 0.25), the details of the allocation are as follows.
  1. Ordinary shares of 80,000,000 shares allocated to existing shareholders in proportion to their shareholding.
  2. Ordinary shares of 120,000,000 shares allocated to general public. The Company increased the sixth registered capital from THB 70,000,000 (divided into 280,000,000 ordinary shares with Par Value THB 0.25) to be THB 90,000,000 (divided into 360,000,000 ordinary shares with Par Value THB 0.25) by offering and allocating to the existing shareholders in proportion to their shareholding at the par value THB 0.25

2013

The Company increased the fifth registered capital from THB 44,400,000 (divided into 4,440,000 ordinary shares with Par Value THB 10) to be THB 70,000,000 (divided into 7,000,000 ordinary shares with Par Value THB 10) by offering and allocating to the existing shareholders, directors, executive officers and certain employees at the par value THB 10.

The Company bought 5,000 shares of INGREEN from non-associated existing shareholders at the par value THB 100, which was the INGREEN accounting value at that time, as a result the Company had 99.98% of INGREEN shareholding proportion, making INGREEN become a subsidiary of the Company.

2011

The Company co-founded Innov Green Solutions Company Limited (“INGREEN”) with non-associated persons with initial registered capital of THB 1,000,000 for 10,000 shares at the par value THB 100, the Company held 49.99% of shareholding proportion for ozone product business.

2002 – 2010

Masterkool International Company Limited (“the Company”) was established on June 3, 2002 by Mr. Nopchai Weeraman and his friends with initial registered capital of THB 2,000,000 (divided into 200,000 ordinary shares with Par Value THB 10) for the core business operation of misting fan production and distribution. Masterkool is the first Company that have research and development on misting fan to solve problems of hot temperature in places where air conditioners cannot be installed.

In 2009, the Company increased the forth registered capital from THB 2,000,000 to THB 44,400,000 (divided into 4,4400,000 ordinary shares with Par Value THB 10) by offering and allocating to the existing shareholders to support the Company’s business expansion. On this time of recapitalization, the Company offered and allocated 44.0,000 shares to the joint venture, K-SME Company Limited (“K-SME”) at THB 20 per share (Par Value THB 10).

In 2008, the Company was granted Prime Minister’s Export Award 2008 for Thai-Owned Brand.

In 2009, the Company and 3 shareholders of the Company signed the Joint Venture Agreement and Contract between Shareholders and K-SME (as detailed in Section 9.3 The Agreement between Shareholders). In addition, the Company has started importing the misting fan, which was a new product for domestic distribution.