Nature of Business
The company is engaged in the import and distribution of chemicals. Its products include solvents, which are commodity solvents used as ingredients in the production of goods across various industries. Therefore, the customer base for this type of solvent includes manufacturers in different industrial sectors who require solvents as a component in their production processes. Most of these manufacturers have been long-standing clients of the company, with a long-established partnership.
The company is engaged in the import and distribution of chemicals. Its products include solvents, which are commodity solvents used as ingredients in the production of goods across various industries. Therefore, the customer base for this type of solvent includes manufacturers in different industrial sectors who require solvents as a component in their production processes. Most of these manufacturers have been long-standing clients of the company, with a long-established partnership.
Shareholding ratio
99.99 %
Nature of Business
Lion Asia (Thailand) Co., Ltd. is a subsidiary of the company. As of December 31, 2021, it had a registered and paid-up capital of 30 million baht and is 99.99% owned by the parent company. The subsidiary is engaged in the import, export, and distribution of chemicals. This subsidiary was established to distribute specialty solvents, which are primarily environmentally friendly solvents.
Lion Asia (Thailand) Co., Ltd. is a subsidiary of the company. As of December 31, 2021, it had a registered and paid-up capital of 30 million baht and is 99.99% owned by the parent company. The subsidiary is engaged in the import, export, and distribution of chemicals. This subsidiary was established to distribute specialty solvents, which are primarily environmentally friendly solvents.
Shareholding ratio
59.99 %
Nature of Business
Mahakon Capital Co., Ltd. is a subsidiary of the company, registered on December 14, 2020. As of December 31, 2021, it had a registered capital of 30 million baht and is 59.99% owned by the parent company. It is engaged in the business of providing financing services for automobile dealers (Floor Plan Financing).
Mahakon Capital Co., Ltd. is a subsidiary of the company, registered on December 14, 2020. As of December 31, 2021, it had a registered capital of 30 million baht and is 59.99% owned by the parent company. It is engaged in the business of providing financing services for automobile dealers (Floor Plan Financing).
Shareholding ratio
74.99 %
Nature of Business
Thai Cococraft Co., Ltd. is a subsidiary of the company, registered on December 23, 2020. As of December 31, 2021, it had a registered capital of 3.5 million baht and is 74.99% owned by the parent company. It is engaged in the production and sale of products derived from coconut processing.
Thai Cococraft Co., Ltd. is a subsidiary of the company, registered on December 23, 2020. As of December 31, 2021, it had a registered capital of 3.5 million baht and is 74.99% owned by the parent company. It is engaged in the production and sale of products derived from coconut processing.
Shareholding ratio
51.00 %
Nature of Business
UTJ Green Solutions (Thailand) Co., Ltd. is a joint venture of the company, registered on September 19, 2024. As of December 31, 2024, it had a registered capital of 200 million baht, with paid-up capital of 102.5 million baht, and is 51% owned by the parent company. It is engaged in the business of recycling and reusing materials.
UTJ Green Solutions (Thailand) Co., Ltd. is a joint venture of the company, registered on September 19, 2024. As of December 31, 2024, it had a registered capital of 200 million baht, with paid-up capital of 102.5 million baht, and is 51% owned by the parent company. It is engaged in the business of recycling and reusing materials.
Shareholding ratio
51.00 %
Nature of Business
Eco Centric Corporation Co., Ltd. is a joint venture of the company, registered on June 6, 2024. As of December 31, 2024, it had a registered capital of 5 million baht, with paid-up capital of 1.28 million baht, and is 51% owned by the parent company. It provides consulting, training, organizational strategy development, and innovation and environmental technology solutions.
Eco Centric Corporation Co., Ltd. is a joint venture of the company, registered on June 6, 2024. As of December 31, 2024, it had a registered capital of 5 million baht, with paid-up capital of 1.28 million baht, and is 51% owned by the parent company. It provides consulting, training, organizational strategy development, and innovation and environmental technology solutions.