HISTORY
TIMELINE
Established the company on 11 June to import shrimp feed from Taiwan and raise black tiger shrimp.
Built aquatic animal feed factory and the factory to process frozen shrimp at Samut Songkhram Province.
Began producing shrimp feed for local distribution and processed frozen products for export and reduce import of aquatic animal feed.
Add fish feed production line and was awarded an outstanding company for export of agricultural industry products in 1993.
Converted to public company limited in February to sell common shares to raise capital from the general public and in September was approved to list the common shares in the Stock Exchange of Thailand.
Ceased the production of processed frozen food due to economic recession in the country.
Open a new factory in Phetchaburi Province to produce aquatic animal feed and move shrimp feed production to the new factory. Invested up to 10% in SMP Food Products Co., Ltd. which produces processed frozen shrimp for local and overseas distribution.
Awarded the quality standards certification system ISO 9002 from UKAS, United Kingdom. The factory is the first of its kind in Thailand to have been certified under ISO 9002.
Awarded the quality standards certifications system ISO 9001:2000 from UKAS, United Kingdom and the shrimp feed factory was awarded the quality standard certification system GMP and HACCP from the Department of Livestock Development which is the first shrimp feed factory in Thailand to have received certifications from 2 systems and also received Q Mark certification from the Department of Livestock Development.
Expanded fish feed production capacity at the Phetchaburi factory and increased shareholding proportion in SMP Food Products Co., Ltd. by 11.43% to 21.43%.
Reduced par value of common share from 10 baht to 1 baht and increased registered capital to accommodate warrant conversion to common shares by the company’s directors and its staffs.
The fish feed factory in Phetchaburi received quality standards for production system by GMP and HACCP from the Department of Livestock Development resulting in the company having received certifications on complete production system.
Cease production of fish feed at the Samut Songkhram factory to shift production to the Phetchaburi factory.
Awarded quality certification system standards ISO 9001:2008 and changed the company’s logo for sustainable development. The new logo reflects step by step progress towards the ultimate success, paying attention to the environment and the society.
- Increase registered capital to accommodate warrant conversion to common shares by the existing shareholders, company’s directors and its staffs and to accommodate the issuance of Taiwan Depository Receipts: TDRs.
- Began the aquatic animal hatchery business.
- Awarded the Best Performing Company title and the senior management was awarded ‘outstanding management’ and are eligible to compete for the title “CEO Awards” in the SET AWARDS 2011 organized by the Stock Exchange of Thailand.
- Increased shareholding proportion in SMP Food Products Co., Ltd. by 74.97% to 96.43% and changed the status from associate to subsidiary.
Awarded certification on environmental management standards system ISO 14001:2015 from Euro Veritas Certification (Thailand) Co., Ltd.
- Invested 100% in Thai D Meter Co., Ltd. to sell raw materials for producing animal feed.
- Open a research and development center for aquatic animal feed at Samut Songkhram Province to conduct research and development on food and specimen of economic aquatic animals.
- Increased the proportion of shareholding in SMP Food Products Co., Ltd. to 97.79% and changed the name to Thai Luxe Food Products Co., Ltd. (presently MPP Food Service Co., Ltd.).
- Awarded certification on standards system ISO/IECT 17025:2005 from the Department of Science Service with the scope on protein and fat in order to gain trust and creditability in the test outcome produced by the company’s operating room.
- Opened a new animal feed factory in Songkhla.
- Signed an agreement as contract manufacturer of pet food jointly with Nutrix PCL
- Reduce shareholding proportion in Thai Luxe Food Products Co Ltd. (presently NPP Food Service Co Ltd.) to 55% and Nippon Pack (Thailand) PCL holds the balance 45% (of paid-up capital).
- Established a new associate company, namely, NPP Food Incorporation Co Ltd.to manage the A &W restaurant.The company holds 45%in the company and Nippon Pack (Thailand) PCL, 55% (of paid-up capital).
- Invest in the geothermal electricity project.
- Entered into an agreement to rent the People Park Project OnnutOnnut (under construction construction).
- Established T Luxe Power Co., Ltd., a Thai juristic entity. The company holds 100% share of its registered capital of 100,000,000 baht baht.
- Established T Luxe Investment Co., Ltd., a Mauritius-based juristic entity with registered capital of USD 10,000.-100% owned by T Luxe Power Co., Ltd.
- Established T Luxe Holding Co., Ltd., a Hong Kong-based juristic entity with registered capital of USD 10,000.-,100% owned by T Luxe Investment Co., Ltd.
- Acquired the business (4 geothermal electricity generating units) from PPSN Co., Ltd., a Japanese juristic entity.
- Bought the business from Sumo Power Co., Ltd. (SUMO), a Japanese juristic entity which owns 8 units of geothermal electricity generating units units.
- Entered into a new agreement involving contract manufacturing of pet food jointly with Nutrix PCL.
- Sold all the shares in Thai Luxe Food Products Co., Ltd.and in NPP Food Incorporation Co., Ltd.to Nippon PackPack (ThailandThailand) PCL.
- Established M Luxe Energy Co., Ltd. (M-LUXE), a Japanese juristic entity. PPSN holds 25% and Setouchi holds 75%
- Established Otoyama Co., Ltd. , a Japanese juristic entity, 100% owned by PPSN Co., Ltd.(a subsidiary company).
- Established S Power Co., Ltd. and SNS Power Co., Ltd. , a Japanese juristic entity, 100% owned by SUMO Co., Ltd.(a subsidiary company).
- Invested in 1 geothermal electricity generating project in Beppu Oita Province via SNS Power Co Ltd. (SNS Power).
- Invested in wind turbine electricity generating project at Aomori, Japan totaling 5 projects.
- Invested in wind turbine electricity generating project at Aomori, Japan totaling 1 project.
- Enter into share purchase agreement and control authority in Fino Binary Power Plant Limited Liability Company (FINO) (Japanese juristic entity) which operates 2 geothermal electricity generating plants.
- Enter into share purchase agreement and control authority in 4 companies as follow:
– Beppu Tsurumi Onsen Geothermal Power Station No. 1 Liaison Company (BEPPU) (Japanese juristic entity) which operates 2 geothermal electricity generating plants.
– NIS Binary Power Plant Limited Liability Company (NISNIS) (Japanese juristic entity entity) which operates 2 geothermal electricity generating plants.
– Dual Energy Binary Power Plant No. 1 Limited Liability Company (DUAL) (Japanese juristic entityentity).which operates 2 geothermal electricity generating plants.
– Lena Power Station No. 1 Limited Liability Company (LENA) (Japanese juristic entity entity) which operates 2 geothermal electricity generating plants. - Invested in P Green Energy Co., Ltd. (a Japanese juristic entity established in Japan).
- Invest in 9 geothermal electricity generating projects at Beppu , Oita Province, Japan.
- Invested in wind power plants plants20 projects in Aomori, Japan.
- Established Origin Power Investment Company Limited, 100 100% owned by Tluxe Power Company LimitedLimited(a subsidiary company).
- Joint investment in real estate projects in Vietnam with Rich Partners Company Limited under
the project named “Riverside Project” - Decrease the registered capital of the company in the amount of 5,400,833 baht from the registered capital of 568,451,520 baht to the registered capital of 563,050,687 baht by canceling unissued registered shares issued to support the warrants to purchase the newly issued ordinary shares of Thai Luxe Enterprises. Public Company Limited No. 2 (TLUXE W2) and warrants to purchase newly issued ordinary shares of the Company offered to directors and employees of
the Company No. 2 (ESOP W2) which last right expired. - Increased the registered capital of the company in the amount of 280,762,672 baht from the registered capital of 563,050,687 baht to the registered capital of 843,813,359 baht.
(1) The exercise of warrants to purchase newly issued ordinary shares of Thai Luxe Enterprises Public Company Limited No. 3 (TLUXE W3).
(2) The exercise of convertible debentures convertible into ordinary shares of Thai Luxe Enterprise Public Company Limited for private placement (Private Placement) who are major investors and/or investors. - Change the company name from the former Thai Luxe Enterprises Public Company Limited to change to PP Prime Public Company Limited, change the symbol abbreviation, change the logo and the company’s seal To comply with changing the company name.
- Establishment of Thai Luxe Enterprise (Thailand) Co., Ltd., a Thai juristic person The Company holds shares at 100 percent of the registered capital. (which is a subsidiary of the Company) to accept the partial business transfer of the Company.
- Partial Business Transfer (PBT) of animal feed production business to Thai luxe Enterprise (Thailand) Co.,Ltd.
- Decrease the registered capital of the company in the amount of 281,525,344 baht from the registered capital of 844,576,031 baht to the registered capital of 563,050,687 baht by canceling unissued registered ordinary shares.
- Increased the registered capital of the company in the amount of 563,050,688 baht from the registered capital of 563,050,687 baht to the registered capital of 1,126,101,375 baht
(1) The allocation of newly issued ordinary shares to existing shareholders in proportion to their shareholding (Right Offering: RO).
(2) The exercise of warrants to purchase ordinary shares of the Company No. 4 to existing shareholders of the Company in proportion to their shareholding (Warrant RO). - Cancellation of investment in a real estate project in Vietnam with Rich Partners Company Limited in the project called “Riverside Project”
- Establishment of the Nomination and Remuneration Committee.
- Cancellation the investment committee.
- Amend the terms and conditions to extend the maturity period of Tluxe198A debentures from the original maturity date of August 2, 2019 to the maturity date of July 2, 2020.
- Amend the terms and conditions of Tluxe205A debentures to include Tluxe Power shares as additional collateral.
- Closure of subsidiary P Prime Singapore PTE. LTD. (Subsidiary in Singapore).
- Establish a Overseas investment committee.
- Amend the terms and conditions to extend the maturity of TLUXE205A debentures from the original maturity date of May 8, 2020 to the maturity date of May 8, 2021 by partial redemption of 15% (30 million baht) of the debentures and the redemption of STAR shares. Star Universal Network Public Company Limited in the amount of 18,900,200 shares for sale and repayment of debentures in full amount. and amended the terms and conditions by exempting the
conditions for maintaining the debt to equity ratio. - Amend the terms and conditions to extend the maturity of the TLUXE198A debentures from the original maturity date of July 2, 2020 to the maturity date of July 2, 2021 by partial redemption of 20% (63.9 million baht) of the debentures.
- Amend the terms and conditions of the PPPM213A debentures on maintaining the debt to equity ratio from 3:1 to 7:1.
- Amend the terms and conditions of TLUXE198A debentures on maintaining the debt to equity ratio from 3:1 to 7:1.
- Decrease the registered capital of the company in the amount of 209,200,252 baht from the original registered capital of 1,126,101,375 baht, the registered capital is 916,901,123 baht by canceling unissued registered ordinary shares.
- Redemption of land with buildings and vacant land in Samut Songkhram Province and the shares of Tluxe Power Co., Ltd. were released as collateral and used the machinery in Songkhla Province. come as collateral instead for debenture model TLUXE205A
- Amend the terms and conditions of the TLUXE213A debentures to extend the maturity period of the debentures from the original maturity date of March 18, 2021 to the maturity date of March 18, 2023, and to change the interest payment date for debentures every 6 months, payable every March 21 and on March 21. September of every year throughout the term of the debentures and amended the debenture interest rate to 8.59% per annum and amended the terms and conditions by waiving the conditions for maintaining the debt to equity ratio.
- Amend the terms and conditions of the TLUXE205A debentures to extend the redemption maturity period from the original maturity date of May 8, 2021 to the maturity date of May 8, 2023, and change the interest payment date for debentures every 6 months, payable every February 8 and on the 8th. August of every year throughout the term of the debentures and change the interest rate of the bonds to 7.06% per year and change the location of the machinery used as collateral for the bonds.
- Amend the terms and conditions of the TLUXE198A debentures to extend the maturity period for debentures from July 2, 2021 to July 2, 2023, and change the interest payment date for debentures every 6 months, payable every May 2. and on November 2 of each year throughout the term of the debentures. and amended the debenture interest rate to 7.83% per annum and amended the terms and conditions by waiving the conditions for maintaining the debt to equity
ratio. - Cancellation the settlement of the difference in proceeds from the sale of shares of Star Universal Network Public Company Limited for the debenture series TLUXE205A.
- Change of the head office location at 62 62/1 Village No. 2, U Tapao Rd., Nong Chumphon Sub district, Khao Yoi District, Phetchaburi Province.
- Increased the registered capital of the company in the amount of 1,669,041,301 baht from the original registered capital of 916,901,123 baht to the registered capital of 2,585,942,424 baht to accommodate the offering of newly issued ordinary shares to the existing shareholders in proportion to their shareholding (Right Offering).
- Amend the exercise price of PPPM W4 to be able to adjust the exercise price to be lower than the par value of the Company’s shares.
- Cancellation of Samut Songkhram Provincial Branch Office. Address at 69/5 Village No. 5, Rama 2 Road (Km.71), Bang Khan Taek Subdistrict Mueang Samut Songkhram District Samut Songkhram Province.
- Increase the registered capital of the company in the amount of 510,000,000 baht from the original registered capital of 2,585,942,424 baht is the registered capital of 3,095,942,424 baht to support the issuance and offering of convertible debentures to specific investors.
- Close a subsidiary Wind Power A Co.,Ltd . (a subsidiary in Hong
- Increase the registered capital of the company in the amount of 135,000,000 baht from the original registered capital of 3,095,942,424 baht is the registered capital of 3,230,942,424 baht to accommodate the exercise of convertible debentures issued and offered for sale through a private placement in accordance with the resolution of the Extraordinary General Meeting of Shareholders No. 3/2021 held on November 24, 2021.
- Increase the registered capital of the company in the amount of 10,719,376,743 baht from the original registered capital of 3,230,942,424 baht is the registered capital of 13,950,319,167 baht baht.
(1) The issuance and offering to existing shareholders in proportion to their shareholding without allocating to shareholders who would make the company liable under foreign law
(2) The exercise of warrants to purchase ordinary shares of the Company No. 5 (PPPM W5)
(3) The adjustment of the exercise ratio of the warrants to purchase ordinary shares of PP Prime Public Company Limited No. 4 (PPPM W4).
(4) To accommodate the exercise of convertible debentures issued and offered for sale to specific investors in accordance with the resolution of the Extraordinary General Meeting of Shareholders No. 3/2021 held on November 24, 2021. - Early redemption of all PPPM213A debentures In the amount of 186,840,000 baht with interest and payment of a fee for early redemption of debentures to each debenture holder in the rate is equal to 0.25 percent of the principal amount of debentures that the Company repays to each debenture holder.
- Early redemption of all TLUXE198A debentures In the amount of 225,720,000 baht with interest and pay a fee for the early redemption of the debentures to each debenture holder at a rate equal to 0.25 percent of the principal amount of debentures that the Company repays to each debenture holder.
- Decrease the registered capital of the company 1,275,078,053 baht from the original registered capital of 13,950,319,167 baht is the registered capital of 12,675,241,114 baht by canceling unissued registered ordinary shares shares.
(1) The issuance and offering of newly issued ordinary shares to existing shareholders in proportion to their shareholding. without allocating to shareholders who would make the company liable under foreign law
(2) The issuance and offering of warrants to purchase ordinary shares of the Company No. 5 (PPPM W5) allocated to the existing shareholders of the Company who subscribe and receive the newly issued ordinary shares Issued and offered to existing shareholders in proportion to their shareholding. without allocating to shareholders who will cause the company to be liable under foreign law - Increase the registered capital of the company 2,300,000,000 baht from the original registered capital of 12,675,241,114 baht is the registered capital of 14,975,241,114 baht to accommodate the exercise of convertible debentures for specific investors.
- Partial early redemption of TLUXE205A debentures In the amount of 60,000,000 baht plus interest and pay a fee for the early redemption of the debentures to each debenture holder at a rate equal to 0.15 percent of the principal amount of debentures that the Company repays to each debenture holder.
- Received the Sustainability Disclosure Acknowledgment Award 2022 organized by Thaipat Institute.
