In 1987, Mr. Winai Teawsomboonkij, our founder, CEO and Chairman of the Executive Committee, began operating his first chicken farm, with a capacity of 20,000 chickens, in the Lopburi province of Thailand. We were incorporated in Thailand on 4 July 2001 under the name Thai Food (2001) Co., Ltd. On 2 July 2002, we officially changed our registered name to Thai Foods Poultry International Co., Ltd., and on 17 February 2012, we officially changed our registered name to our current name of Thai Foods Group Co., Ltd. On 18 August 2014, we converted to a public company and officially changed our registered name to THAIFOODS GROUP PUBLIC COMPANY LIMITED.
History and major milestones
2001
We were founded under the name Thai Food (2001) Co., Ltd.
2002
We changed our registered name to Thai Foods Poultry International Co., Ltd.
2003
We began operating our first chicken slaughterhouse in the Kanchanaburi province of Thailand with a capacity of 139,000 chickens per day.
2004
We began operating breeder chicken farms by acquiring three breeder chicken farms and one hatchery in the Chonburi province of Thailand, which increased our breeder chicken capacity to 312,000 chickens and our production capacity at our hatcheries to 699,840 eggs per week.
2007
We began operating our first grandparent pig farm in the Kanchanaburi province of Thailand with a capacity of 1,900 pigs.
We began operating our first feed mill facility in the Suphanburi province of Thailand with a capacity of 30,000 tonnes of feed per month.
2010
We established our first great-grandparent pig farm in the Kanchanaburi province of Thailand with a capacity of 450 pigs.
2011
We began operating our first layer chicken farm in the Kanchanaburi province of Thailand with a capacity of 38,400 layer chickens.
2012
We changed our registered name to Thai Foods Group Co., Ltd.
We began operating our first parent pig farm in the Nakornsawan province of Thailand with a capacity of 1,800 pigs.
We acquired Thai Foods Research Center and Thai Foods Layer Farm, which were previously owned directly and/or controlled by Mr. Winai Teawsomboonkij and his related persons.
2013
We established our Vietnam swine operations and began operating our first grandparent pig farm in Vietnam, through a contract farmer, with a capacity of 700 grandparent pigs and our first parent pig farm in Vietnam with a capacity of 1,400 pigs.
We began operating a new feed mill facility in the Prachinburi province of Thailand with a capacity 50,000 tonnes per month, increasing our feed capacity to 120,000 tonnes per month.
We acquired Thai Foods Swine Farm, which was previously owned directly and/or controlled by Mr. Winai Teawsomboonkij and his related persons.
2014
We began operating a new slaughterhouse in the Prachinburi province of Thailand with a capacity 150,000 chickens per day, increasing our production capacity to 440,000 chickens per day.
We began operating a new hatchery in the Kanchanaburi province of Thailand, increasing our hatchery capacity to 4,878,720 eggs per week.
2014
We converted one of our breeder chicken farms into a farm to raise some of our day-old layer chicks. Prior to this conversion, the raising of all of our day-old layer chicks was outsourced to contract farmers. Around the same time, we finished constructing and began operating a replacement breeder chicken farm in the Sa Kaeo province of Thailand. Following this conversion of one breeder chicken farm and construction of one replacement breeder chicken farm, our breeder chicken capacity increased to 1,716,900 breeder chickens as the replacement breeder chicken farm had a higher capacity than the farm it replaced.
2014
We began operating two new parent pig farms in the Kanchanaburi and Nakhon Ratchasima provinces of Thailand, increasing our total capacity at our parent pig farms (including our Vietnam parent pig farm with a capacity of 1,400 pigs) from 8,950 pigs to 12,000 pigs.
We began renting and operating a new grandparent pig farm in the Prachinburi province of Thailand, increasing our total capacity at our grandparent pig farms from 5,300 pigs to 8,000 pigs.
We acquired Ayothaya Agri-Tech, Thai Foods Swine International, and T. Paragon, which were previously owned directly and/or controlled by Mr. Winai Teawsomboonkij and his related persons.
2014
On 5 August 2014, our shareholders approved the decrease in par value of our Shares from Baht 100 per Share to Baht 1 per Share and the total number of issued Shares consequently increased from 37,500,000 Shares to 3,750,000,000 Shares. In addition, our shareholders approved an increase of our Company’s registered share capital from Baht 3,750,000,000 to Baht 5,400,000,000, of which up to 250,000,000 Shares will be allocated to existing shareholders and up to 1,400,000,000 Shares will be allocated to the public.
On 18 August 2014, we converted to a public company and officially changed our registered name to THAIFOODS GROUP PUBLIC COMPANY LIMITED.
2014
On 14 November 2014, we registered with the MOC our increase in paid-up share capital from Baht 3,750,000,000 to Baht 4,000,000,000 in connection with the allocation of 250,000,000
2015
In the first quarter of 2015, we began exporting 504 tonnes and 120 tonnes of meat to customers located in Japan and the European Union respectively.
We also began selling chicken sausage by entering into an outsourcing arrangement with a third-party food processor which will allow us to sell processed chicken sausage to customers under our own brand.
2015
Extraordinary General Meeting of the Company No. 4/2014, held on 5 August 2014, approved the resolution to increase the capital and the initial public offering (IPO). As the period in which we will make an initial public offering will exceed one year from the date of the passing of the resolution, Extraordinary General Meeting No. 2/2015, held on 19 June 2015 passed the following resolution:
- the decrease of the Company’s registered capital from Baht 5,400,000,000 to Baht 4,000,000,000 by decreasing the number of shares which have not been sold to 1,400,000,000 shares; and
- the increase of the Company’s registered capital from Baht 4,000,000,000 to Baht 5,400,000,000 by offering to sell not more than 1,400,000,000 shares to the public.
2015
The Company registered the resolution to decrease and increase the Company’s registered capital with the Department of Business Development, Ministry of Commerce on 11 August 2015 and 13 August 2015, respectively.
First Trade Date on 8 October 2015
In December 2015 T Paragon has made the payment for the increase of capital in the amount of JPY 32 million or THB 9.6 million on 22 December 2015 to invests 45.71% shareholding in SEVEN FOODS Company Limited
2016
On April 8, 2016, the chicken sausage factory in Kanchanaburi officially commenced the production.
On June 7, 2016, the first warrants (TFG-W1) issued to the existing shareholders of the Company at the exercise ratio of 10 existing ordinary shares per 1 unit of warrant. Traded on the Stock Exchange of Thailand with the exercise ratio of 1 ordinary share per 1 unit of warrant. The exercise price was Baht 2.50 per 1 share. Therefore, the Company increased the registered capital to accommodate the exercise of the warrants from Baht 5,100,000,000 to be Baht 5,610,000,000.
2016
On August 22, 2016, the Company has established ThaiFoods Further Co., Ltd with the purpose to produce and sale the further business. The registered capital is Baht 20,000,000 with ordinary share capital of 200,000 shares at par value of Baht 100 per share and the paid up registered capital of Baht 5,000,000. The Company holds 100% of share capital.
2017
On January 6, 2017, the Company invested in Big Food Group Co., Ltd. (“Big Food”) which operated broiler chicken and slaughterhouse by acquiring the shares form Big Food’s existing shareholders in amount of 100,016 shares. On January 24, 2017, the Company acquired the newly issued ordinary shares of Big Food in amount of 200,000 shares, the total amount of 300,016 shares in the consideration paid of Baht 200 per share (at the par value of Baht 100 each) or equivalent total value not exceeding 60,003,200 Baht. The Company will hold 75.004 percent of Big Food’s registered capital (after Big Food’s capital increase).
On January 11, 2017, the Company increased the paid-up capital from Baht 5,100,000,000 to 5,108,664,700 due to the first exercise right of warrant on December 30, 2017.
2017
On January 12, 2017, the Company increased the registered capital of ThaiFoods Further Co., Ltd. from Baht 20,000,000 with the paid-up capital of Baht 5,000,000 to the registered capital of Baht 100,000,000 with the paid-up capital of Baht 25,000,000 (at the par value of Baht 100 per share)
On January 12, 2017, the Company established Thai National Logistics Co., Ltd. to operate the logistic business. The registered capital is Baht 60,000,000 with ordinary share capital of 6,000,000 shares at par value of Baht 10 per share and the paid up registered capital of Baht 15,000,000. The Company holds100% of share capital.
2017
On April 2017, the Company commenced the operation of the swine slaughterhouse in Khon Kaen.
On May 4, 2017, the company increased the registered capital to accommodate the issuance and allotment of the second warrant in order to purchase the ordinary share of the Company. Therefore, the registered capital of the Company is 6,138,160,412 shares with the paid-up capital of 5,108,664,700 shares at the par value of Baht 1 per share.
2018
On January 10, 2018 the Company increased the paid-up capital from Baht 5,109,396,600 to Baht 5,112,905,700.
On March 13, 2018, Thai Foods Layer Farm Co., Ltd. has changed its name to Thaifoods Service and Supply Co., Ltd. with the business purpose of selling the production of chickens and pigs product.
On July 9, 2018, the Company increased the paid-up capital from Baht 5,112,905,700 to Baht 5,113,305,700.
On December 28, 2018, sell the shares of Big Foods which operating broiler chicken and slaughterhouse business.
2019
On January 9, 2019, the Company registered the increase of paid-up capital from Baht 5,113,305,700 to Baht 5,176,628,660 due to the first exercise TFG-W1 no. 5 and TFG-W2 no. 3 on December 28, 2019.
On May 27, 2019 the Company registered the increase of paid-up capital from Baht 5,176,628,660 to Baht 5,607,572,686 due to the last exercise TFG-W1 on May 17,2019.
2019
On June 17, 2019 the Company acquire in Food Blessing (1988) Company Limited (“FBC”) a producer of sauce and seasoning products supplied in domestic and overseas, by acquiring the existing shares from FBC’s existing shareholders in amount of 1,800,000 shares, THB 155.86 per share (at the par value of THB 100 each) or Baht 280.56 million being 100.00 percent of FBC’s registered capital. In additional FBC has 1 subsidiary name FBC Exim company limited (“FBC EXIM”).
2019
On September 12, 2019 the Company has establish a new subsidiary as name TF Tech Company Limited (“TF Tech”). The purpose is generated and sells electricity from renewable energy structural engineering and technology (Floating Solar). The Company holds 76% of share capital.
On November 7, 2019 the Company subsidiary name Thai National Logistic company Limited (“TNL”) change the name to Thai Foods Green Energy Company Limited (“TFGE”) for holding TF Tech replace of the Company and changed hold the share in TF Tech from 76% of share capital to 40% of share capital, as result of TF Tech ceasing to be a subsidiary of the Company.
2020
On March 4, 2020, the Company’s subsidiary name Thai Foods Green Energy Company Limited has establish a new associated as name Genepeutic Bio Company Limited to conduct an examination and treatment of leukemia-related diseases that gene therapy treatment which hold 30% of the registered capital. Then on May 14, 2020 had revise shareholder name from Thai Foods Green Energy Company Linited to T Paragon Holding Company Limited
On May 27, 2020 the Company registered the increase of paid-up capital from Baht 5,607,572,686 to Baht 5,607,572,768 due to the last exercise TFG-W2 on May 18, 2020.
2020
On August 11, 2020, the Company’s subsidiary name T Paragon Holding Company Limited has establish a new subsidiary as name Thai Foods Fresh Market Company Limited conduct is selling consumer products which hold 100% of the registered capital.
On October 21, 2020, the Company’s subsidiary name T Paragon Holding Company Limited has establish a new associated as name Thaifoods Nucleus Genetics Company Limited to operate a great grandparent breeder swine farmwhich hold 50% of the registered capital.
2020
On November 25, 2020, the Company has establish a new subsidiary as name Money Hub Services Company Limited conduct is loan to customers which hold 88.50% of the registered capital.
On December 22, 2020, Thai Viet Swine Line Company Limited (“TVSL”) has change the name is Thai Viet Swine Line Joint Stock Company (“TVC”) which operation produce and selling swine products in Vietnam.
2021
On October 27, 2021, the Company acquire in Logis Boy Company Limited (“LGB”) which operated provider information and communication by service system software (except game software) in amount of 9,599 shares, THB 833.42 per share (at the par value of THB 100 each) or THB 8,000,000 being 95.99 percent of LGB’s registered capital.
On December 16, 2021, the Company registered the increase of paid-up capital from Baht 5,607,572,768 to Baht 5,643,954,586 due to the allocated for Warrants (TFG-W3) 36,381,818 units exercise to 36,381,818 common shares.
2022
On March 10, 2022, the Company has establish a new subsidiary as name My Pet Company Limited. The purpose is integrated in dog business which hold 99.99% of the registered capital.
On March 15, 2022, the Company has establish a new subsidiary as name Thaifoods Renewable Company Limited. The purpose is generate electricity from renewable energy which hold 99.99% of the registered capital.
On June 7, 2022, the Company registered the increase of paid-up capital from Baht 5,643,954,586 to Baht 5,654,056,586 due to the allocated for Warrants (TFG-W3) 10,102,000 units exercise to 10,102,000 common shares.
2023
On February 22, 2023, the Company has establish a new subsidiary as name TFG Asset Management Co.,Ltd. The purpose is integrated asset management which hold 99.99% of the registered capital.
On June 19, 2023, the Company registered the increase of paid-up capital from Baht 5,643,954,586 to Baht 5,810,818,518 due to the allocated for Warrants (TFG-W3) 156,761,932 units exercise to 156,761,932 common shares.