Corporate Information

Company’s History

June 9, 2016

The Board of Directors’ Meeting No. 6/2016 had the resolution and agreement to invest in plant construction with total budget 280 million Baht to extend the manufacturing power of prestressed concrete piles. The plant’s location is on Klong Wat Plub Road, Bang Sai Royal Folk Arts And Crafts Center (ThorLor. 347), Tambon Chiangraknoi, Ampoe Samkok, Pathumthani (which includes values of developed land equal to 60 millionBaht of area 12 Rais, owned by the 2013).

And has the resolution to appoint Mr. Wirach Morakotkarn, Independent Director is Chairman of the Nomination and Remuneration Committee instead of Mr. Thitipong Tangpoonphonvivat and to be Corporate Governance Committee. Mr. Wuttichai Sresthabutra has resign form Nomination and Remuneration Committee.


June 23, 2016

The Company reported on the results of the details of Warrants’ exercise of GEL No.4 (GEL-W4) finally, had 3 lists of Warrants’ exercise of GEL No.4 (GEL-W4) total of number of exercised warrant 407 units. The ratio of the warrant: share as one unit: one share, an exercise price amount THB. 1.20 per share. The total number of shares derived from exercised warrants amount 407 shares.


June 30, 2016

The new shares of GEL amount 407 shares to be traded in the Stock Exchange of Thailand (SET).


July 5, 2016

The Company reported on the completion date of the shares repurchase project for financial management purposes (Treasury Stock), the total number of shares repurchased was 165,000,000 shares or 2.96 % of the total paid up shares for an amount of THB. 91,075,109.12.


August 15, 2016

The Board of Directors’ Meeting No. 7/2016 had the resolution and agreement to increase in Seven Wire Co.,Ltd. which be the subsidiary by the Company holds shares 99.99% of Seven Wire Co.,Ltd. which it had registered capital of THB.10 Million and the Company will increase a capital in an amount of THB. 270 Million, a total capital net of THB. 280 Million.


September 27, 2016

The Company informed the progress of the plant construction of “Millcon Thiha GEL Limited” (joint venture company) in Republic of Union of Myanmar that it has already obtained the Letter of Approval of Factory Operation from Thilawa Special Economic Zone Management Committee, Republic of the Union of Myanmar and also officially started operating.


July 29, 2015

The Board of Directors No. 5/2558 as the follows ;

  • Approved the sale of shares of the Company. Suntech Metals Co., Ltd. at a price of 807 million Baht. The company's World Wide Sales and Processing Limited at a price of about 233.21 million Baht. (A total of 13,999 ordinary shares of Baht 233.20 million Baht and liabilities)The Company's holding in the combined value of about 1040.21 million Baht.

    September 21, 2015
    The company held in total worth about 1040.10 million Baht to Mill Con Steel Co., Ltd. (Thailand). By transaction the company was registered at the Department of Business Development. Ministry of Commerce is completed

  • Approved the purchase of 180 acres of land not exceeding a total value not exceeding Baht 1,327.14 million.

    September 21, 2015
    The Company has completed the acquisition of 175 hectares of land, worth a total of 1277.50 million Baht of Mill Con Steel Co., Ltd. (Thailand) Based on the Deed No. 180024, 180025 and 180026 by such land in the industrial zone Eco IRPC Ban Lang District, Rayong by transaction the company was registered at the Land Office Rayong is already

    The date of the transaction to acquire the assets and MILL GEL. MILL approved the transfer of a mortgage bank. MILL and made note of servitude To serve as the entrance to the farm of approximately 1 GEL to access land for approximately 175 acres traded in this.

    the Deed No. 180024, 180025 and 180026

  • Resolved to establish a subsidiary of a plant to produce and distribute high-tensile wire floor. Representing a total investment of up to 701.00 million Baht.

    There will be construction of buildings for the installation of machinery and equipment. Including utilities To accommodate the production lines

    • High tensile wire for prestressed concrete single line. ( Prestressed Concrete Wire – PC Wire)
    • High tensile wire for prestressed concrete strand. ( Prestressed Concrete Strands – PC Strands)
    • High- tensile cold drawn wire (Cold Drawn Wire – CW)

November 26, 2015

By resolution of the Board of Directors. No. 8/2015 has approved the issuance of shares to the public for the first time (IPO). Mctric Company Limited, an associated company of the Company. To carry out the capital increase for the IPO of 150 million shares. As a result, the shareholding of the Company in MCTRIC decreased from 32.65 percent to 21.77 percent, the details of the shareholding structure are as follows .้

List of Shareholders Before restructuring costs Allocation of shares for the stock dividend 1 Allocation of shares for IPO After Restructuring
GEL 81,632,500 16,326,500 - 97,959,000
Others 168,367,500 33,673,500 150,000,000 352,041,000
Total 250,000,000 50,000,000 150,000,000 450,000,000
GEL 32.65% 32.65% 0.00% 21.77%
Others 67.35% 67.35% 100.00% 78.23%
Total 100.00% 100.00% 100.00% 100.00%

Note : 1 GEL has been allocated from the stock dividend MCTRIC. By resolution of the Extraordinary General Meeting of Shareholders No. 1/2015 dated May 28, 2015 by the MCTRIC paid dividends in the form of shares of 16,326,5000 shares. And received a cash amount of 1,632,650 baht.

However, to reduce the impact of Dilution Effect is a shareholder of the Company. Have the right to subscribe for shares of MCTRIC (Pre-emptive Right) By requiring the exercise of the subscription amount not to exceed 48,979,500 shares, which doubled Dilution Effect. The reduced stake of GEL 32.65 percent from 21.77 percent. And to exercise the right to buy shares in proportion to their shareholding in the Company.


December 22, 2015

Approved by the Board of Directors Meeting No. 9/2015, has approved a share repurchase program for financial management (Treasury Stock) in an amount not exceeding 100 million Baht. Represents the number of shares to be repurchased approximately 180 million shares up. Par value of 0.85 Baht by the number of shares to be repurchased, representing approximately 3 percent of the shares sold.