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| Rich Asia Corporation Public Company Limited is a trader and distributors of various types of steel products including raw materials and finished products. The finished products are composed of structural steel pipes, hot rolled coil and sheets, billets, and others as well as being manufacturer and distributor of steel pipe and C-channel with company’s policy of being a manufacturer, trader and distributors of all types and sizes of steel products; hence, the company can be deemed as a “One-Stop-Service Company” by the coordinate of purchasing planning, production planning and hiring other steel plants to produce, and the efficiency of inventory control management, which could supply promptly the required quality and quantity to customers. |
In 2015, Rich Asia Corporation had invested in 2 subsidiaries and 1 Affiliate, as follows: |
1) Rich Asia Industries Co., Ltd. (RAI) |
Rich Asia Industry Co., Ltd. (Formerly known as Siam Ferro Industry Co., Ltd.) has established in 1993, operate in steel pipe and C-channel manufacturing and distribute various kinds of steel products including manufacturing service. SFI located in Muang Samut Sakhon district, Samut Sakhon province, Current registered capital is 441,701,237.00 Baht which fully paid up and 51.88% held by the Company. |
In 2013, the company was approved the establishment of Bonded Warehouse, that receives tax privileges under the Customs Act, which will benefit the company’s production and trade to oversea; adding to the company’s revenue in the future. |
2) Rich Asia Engineering Co., Ltd. (RAE) |
Rich Asia Engineering Co., Ltd. was registered in 2015, and operates supply of equipment and technology, including investment in utilities and infrastructure. RAE located in Bangkhuntien District, Bangkok; with registered capital of 1.00 million Baht which fully paid up and 90% held by the Company. And in January of 2016, the Company increased registered capital to 80.00 million Baht which has been paid up 20.75 million Baht and 95% held by the Company. |
3) Thai National Product Co.,Ltd. (TNP) |
Thai National Products Co., Ltd. has established in 1990, operate in spun pile manufacturing with transport and pile driving services at the maximum capacity of 480,000 tons per year, TNP is located in Bangbuathong-Supunburi Road. Km.24.5 Saiyai Subdistrict. Sainoi District, Nonthaburi Province - current registered capital is 271,006,000 Baht which fully paid up and 29.89% held by the Company. |
TNP has been trusted from government and private sectors to produce and drive spun pile foundation in the variety large projects, such as electric train, power plants, bridges, express way, office building, factories and other buildings. |
TNP had consistently diversified into new businesses in the public utilities sector i.e. concrete railway sleepers products, in order to support the government policy for the improvement of unsafe railway throughout the country, by replacing wooden sleepers to concrete sleepers, including concrete sleepers usage in double rail tracks and medium speed train tracks projects. The company has expand a new plant for concrete sleepers production in 2013 and started distribution in January 2014 to the contractors who bid projects from SRT (State Railway of Thailand). By the end of 2014, TNP has additional expansion for producing double volume of concrete sleepers to meet the demands of the various projects, as above mentioned. |
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