Established in 1980, Tycoons Group Enterprise Co., Ltd. is dedicated to becoming the best partner for consumers worldwide with the concept of ""Innovation and changes, beyond ourselves.""
Tycoons (Thailand) takes advantage of its vertical integration technology, world-class flexible mass production capability, complete production line, as well as operation of international organizations in order to provide a complete solution from wire rods,steel bars for reinforced concrete, spheroidized annealing wire, to screws, bole, thread rod, creating the immediate benefits for its consumers.
Tycoons Worldwide Group (Thailand) Public Co., Ltd. has been created in September 9, 1996, referred to "Tycoons (Thailand)".
Tycoons (Thailand) is the subsidiary which is 79.47% shares owned by Tycoons Group International Co., Ltd. referred to "Tycoons (Cayman)".
Tycoons (Cayman) is a 100% shareholding Subsidiary set up in Cayman Islands by Tycoons Group Enterprise Co., Ltd. referred to "Tycoons (Taiwan)".
| Year | History and Achievements |
|---|---|
1996 |
September-Tycoons Worldwide Group (Thailand) Co., Ltd. has been established October-Tycoons (Thailand) has acquired the BOI of 8 years tax-free & 5years Half tax Preferential Permits of wire rod, spheroidized annealing wire, and screw. |
| 1997 | September-Tycoons (Thailand) had started to build 9 factories for screw and wire use. |
1998 |
January-Tycoons (Thailand) had started to build rolling mill factory. October-Official selling of screw products. December-BOI of 8 years tax-free had came into operation. |
| 1999 | October-Official selling of wird rod products. |
2001 |
October-Tycoons (Thailand) has acquired ISO-9001 & ISO-14001certifications. |
| 2003 | April-Tycoons (Thailand) has acquired the BOI of 8 years tax-free & 5years Half tax Preferential Permits of bolt. July-Renamed as Tycoons Worldwide Group (Thailand) Public Co.Ltd. December-Tycoons (Thailand) become a listed company on stock exchange. |
2004 |
July-Tycoons (Thailand) had started to building bolt factory. |
| 2005 | February-Official selling of bolt products. |
2006 |
March-The shareholders meeting approved to set up a 100% shareholding Subsidiary, TSI, which had U.S. $ 200 million in capital, to reinvestment steelmaking plant in Vietnam. September-Vietnam government has approved TSI reinvestment project. |
| 2007 | February-The board of directors agreed to reduce the equity of TSI shareholdings to 40%, investment amounts as U.S. $ 7 million. March-The shareholders meeting agreed to reduce the equity of TSI shareholdings to 40%, investment amounts as U.S. $ 7 million. June-The board of directors agreed to reduce the equity of TSI shareholdings to 10%, investment amounts as U.S. $ 7 million. June-90% of TSI shareholdings (6,300,000 shares) were sold to E-United Group. Tycoons (Thailand) held the equity of TSI shares as10%, investment amounts as U.S. $ 7 hundred thousand. July-Increased 2.3 million dollars investment for registration of TSI capital change, investment amounts as U.S. $ 3 million. |
2008 |
February-The board of directors agreed to Increase TSI Capital with 20 million dollars, investment amounts as U.S. $ 23 million. March-Increased 23 million dollars investment for registration of TSI capital change, investment amounts as U.S. $ 23 million. November-The board of directors agreed to reorganized company investment structure, setting up a 100% shareholding Subsidiary in BVI, named All Manage International Limited, AMIL, which has U.S. $ 23 million in capital. AMIL also Migrated Tycoons (Thailand)'s 10% shares of TSI . December-TSI reduced capital to U.S. $ 200 million. AMIL regained the investments of U.S. $ 20 million from TSI's capital reduction. AMIL's investment amount as U.S. $ 23 million, the equity of TSI shares still be 10%. December-The board of directors agreed AMIL's U.S. $ 20 million capital reduction. AMIL's capital amounts from U.S. $ 20 million to U.S. $ 3 million, and return funds back to Tycoons (Thailand). |
| 2009 | June-Tycoons (Thailand) had 24,996,100 treasury shares for three years, It was expired. Because of the expiry of treasury shares, The board of directors decided to implement capital reduction. The capital of Tycoons (Thailand) reduced from THB 6,285,000,000 (628,500,000 shares) to THB6,035,039,000 (603,503,900 shares) July-Tycoons (Thailand) has acquired ISO/IEC 17025 laboratory certifications of wire rod, steel bars for reinforced concrete, wire and bolt from TISI. |
2010 |
July-TSI capital was increased 20 million dollars. AMIL did not purchase stock proportionally, shareholding ratio reduced to 6%. |
| 2011 | September-Tycoons (Thailand) distribute Taiwan Depositary Receipt (TDR) 30 million units which are identical to 60 million shares of Tycoons (Thailand). October-Reinvestment TY Steel Co., Ltd. and build the electrical arc furnace. |