THAI STEWARD SERVICES COMPANY LIMITED (TSS)
is specialized in the installation and repair of automatic container washing machines.
Company Profile
Peerapat Technology Public Company Limited (“the Company” or “PRAPAT”) was initially called Peerapat Chemical Industry Company Limited, founded by Mr. Suebpong Ketnute (“Khun Suebpong”) who has a vast knowledge and experience in Industrial Cleaning and Disinfectant Business with a group of schoolmates graduating from the same educational institution. Mr. Suebpong graduated from the Faculty of Science, Department of Chemistry Engineering, Chulalongkorn University. He started working with BASF (Thai) Company Limited (“BASF”) from Germany, a leading global company in the business of industrial cleaning agents. While working at BASF, Mr. Suebpong had the opportunity to lead the team to study the business expansion project of BASF on cleaning agents used for industrial machinery, which was novelty for Thailand at that time. However, BASF changed its main shareholder structure, therefore the project was eventually cancelled. Later, Khun Suebpong sees beyond the cleaning agent business for the food and tourism industry in Thailand as an opportunity to grow in the future. Therefore, he persuaded his schoolmates to establish Peerapat Chemical Industry Co., Ltd. in 1988 with a registered capital of 2.00 million Baht.
The Company started its business as a manufacturer and distributor of laundry detergents for large washing machines which require special detergents that are different from washing by hand or other small washing machines. In the early days of marketing, the Company focused on hotel and hospital customers providing large-volume laundry services and using large washing machines. Subsequently, with the vision of the management team to expand the market for products and services related to such key customer groups. Therefore, the Company has researched and developed various ranges of solutions to floor cleaning products, cleaning solution for kitchen and equipment for swimming pool systems in order to expand the business to a full range of services for the main customers. Afterward, the management team plans a long-term business strategy to expand customer groups to more industries and factories. Therefore, the Company researches and develops disinfectants to market specific products to this group of customers, especially customers in food and beverage factories who require hygienic disinfection, but not harmful to health and not causing harm from contamination to manufactured food or beverages. Furthermore, the management team has also developed a strategy to support the Company's reagent sales by recruiting and importing equipment such as automatic detergent dispensers for laundry and sterilization applications, importing automatic dishwashing machines from abroad to sell for the kitchen work group, which helps support the sale of dishwashing liquids and drying agents, as well as importing and distributing various comprehensive swimming pool equipment, such as pump systems, swimming pool treatment systems, etc.
1988 |
Registering the establishment of Peerapat Chemical Industry Co., Ltd. Ltd. on 9 September 1988with a registered capital of 2.00 million Baht to operate a business of manufacturing and distributing laundry detergent for industrial sectors. |
1992 |
Registering the establishment of Thai Steward Services Company Limited (“TSS”) on 21 October 1992with a registered capital of 5.00 million Baht to operate a kitchen technology import business under "STEWARD" trademark, as well as to open a business unit for renting automatic container washing machines. |
1993 |
AIB Govett Investment Management Fund (I.O.M.) Limited (“AIB Fund”), UKacquired 27.00% of the Company's ordinary shares. In this regard, the AIB Fund has no relationship in the manner of being related to the shareholders, directors and executives of the Company. Registering the establishment of Cha-Am Peerapat Chemical Co., Ltd. (“CPC”) on 24 June 1993with a registered capital of 0.50 million Baht to operate a chemical plant for the Company. The factory is located in Thanyaburi District, Pathum Thani Province. In 2014, the Entire Business Transfer (EBT) was carried out to merge with the Company. Currently, CPC has registered the dissolution and liquidation of the Company. |
1995 |
Registering the establishment of MISTER POOL COMPANY LIMITED (“MP”) on 31 March 1995with a registered capital of 2.00 million Baht to operate the business of selling products and equipment for swimming pool, as well as providing services to install water treatment systems and clean the swimming pool. |
2000 |
The Company established a subsidiary called Clean Care Hygiene (Thailand) Co., Ltd. (Currently renamed as Calvatis-Asia Pacific Co., Ltd. (“CVT”)) on 18 January 2000with a registered capital of 3.00 million Baht to operate the business of selling disinfectant cleaning solution under the "Calgonit" production formula and trademark including cleaning equipment for the food and beverage manufacturing industry. On 1 May 2000, we registered the establishment of Allise Intertrade Company Limited (“AL”)with a registered capital of 2.00 million Baht to operate the business of selling laundry detergents for hospitals, laundry facilities and food processing industries, as well as providing after-sales service specifically for such customer groups. The Company has been granted ISO 9001: 2008 (formerly ISO 9001 : 2000)by SGS (Thailand) Limited. It is the standard for the international quality management system for excellence in quality and operational efficiency of the organization implemented by the International Organization for Standardization for the design and manufacture of special detergents used for washing, cleaning and disinfecting. MP increased the registered capital from the existing registered capital of 2.00 million Baht to 5.00 million Bahtby offering newly issued ordinary shares to the existing shareholders proportionate to the shareholders’ respective shareholdings. |
2001 |
TSS increased its registered capital from the existing registered capital of 5.00 million Baht to 10.00 million Bahtby offering newly issued ordinary shares to the existing shareholders proportionate to the shareholders’ respective shareholdings. |
2003 |
The Company invested in increasing the shareholding proportion of Clean Care Hygiene (Thailand) Co., Ltd.by purchasing shares from the Management shareholders of such companies, resulting in the Company's shareholding proportion increased from 74.00% to 80.00% of the paid-up capital. |
2004 |
Clean Care Hygiene (Thailand) Co., Ltd. increased its registered capital from the existing registered capital of 3.00 million Baht to 5.00 million Bahtby offering the newly issued ordinary shares to the existing shareholders proportionate to the shareholders’ respective shareholdings. Therefore, the Company still has a shareholding proportion equal to 80 percent of the paid-up capital. The Company has been certified for production standards according to Good Manufacturing Practice (GMP)criteria for hazardous substance products by the Food and Drug Administration (FDA). The Company has been certified for the (Thai Labor- Standard: TLS 8001-2003)which is a standard emphasizing the business (as an employer) to take corporate social responsibility by establishing standards for providing equal and fair labor protection. As a result, the employees have good quality of life with safety environment, good labor relations and good morale. Clean Care Hygiene (Thailand) Co., Ltd. changed its name to Calvatis (Thailand) Co., Ltd. on 20 December 2004.Currently, it has been renamed to Calvatis-Asia Pacific Company Limited (“CVT”) |
2005 |
The company received Thailand Labor Management Excellence Award.For 1st time from the Bureau of Labour Relations. |
2006 |
The AIB Fund sells all its sharesbecause it needs to close the fund. The Company received Thailand Labor Management Excellence Award.For 2nd time from the Bureau of Labour Relations. The Company has been certified:
ISO 14001: 2004
|
2007 |
Calvatis (Thailand) Co., Ltd. changed its name to Calvatis-Asia Pacific Company Limited (“CVT”) and established the structure of Peerapat Group: PPG.
The Company acquired the shares of TSS. The Company received Thailand Labor Management Excellence Award.For 3rd time from the Bureau of Labour Relations. TSS increased registered capital from the existing registered capital of 10.00 million Baht to 15.00 million Baht.It still has a shareholding proportion of PRAPAT equal to 92.39 percent of the paid-up capital. Calvatis GmbH intends to invest in shares,resulting in PRAPAT holding 70.00% of its paid-up capital. |
2008 |
The Company was registered for transformation as a public company limitedand renamed to Peerapat Technology Public Company Limited. Additionally, CVT increased its registered capital from the existing registered capital of 5.00 million Baht to 10.00 million Baht. |
2011 |
The Company established the structure of company groupby investing in AL's shares from all shareholders and offering a portion of 7,497,262 newly-issued ordinary shares to directors, executives and employees of the Company and its subsidiaries (ESOP project). |
2013 |
The Company was appointedas a distributor of prefabricated swimming pools under the brand of Magiline from France. |
2014 |
The Company registered the change of par valuefrom 1.00 Baht per share to 0.50 Baht per share. |
2015 |
The Company started the business of distributing energy-saving water heatersin accordance with the strategic plan to expand the market from the main target customers. |
2016 |
The Company has been awarded with the Green Industry Level 3 (Green System)from the Ministry of Industry for systematic management by monitoring, evaluation and review for continuous improvement. |
2019 |
PRAPAT started marketing for such products from 1 July 2019in order to prepare the establishment of business group structure to support the listing of the Company on the Stock Exchange of Thailand. |
2020 |
The Company offered shares to existing shareholders proportionate to the shareholders’ respective shareholdings to completion.Therefore, the Company's paid-up capital increased to 120.00 million Baht. |
