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Tycoons Worldwide Group (Thailand) Plc.
4. Property used in business activities
4.1 The Company's assets are land, buildings, factories, machines, tools and equipment,
Office equipment and vehicles. Core assets of TYCN as at December 31, 2023 – 2024.
Proprietary right/ 2024 Total 2023 Total
Asset
Ownership Value (MB) Value (MB)
1. Land and land improvement Ownership 616.84 530.06
2. Buildings and attached facilities Ownership 366.83 399.97
3. Machinery and equipment Ownership 1,477.96 1,399.15
4. Transportation & Vehicle Ownership 17.82 21.39
5. Furniture and fittings Ownership 8.84 10.44
4.2 Investment Policy in Subsidiaries and Related Companies
The Company has formulated an external investment policy in accordance with the group's vision
and growth plan, which will enable the group’s Company to have higher operating efficiency or profit,
or invest in businesses that creates benefits (Synergy) to increase the Company's competitiveness
and lead to the success of the goal to be a leader in the Company's core business industry.
Therefore, the Company may consider investing in other sectors. If the business has potential for
business growth or it is beneficial to the business of the Company in the group's Company and can
generate a good return on investment. The Company will consider the expected risks and returns and
the Company's financial position before making an investment decision. The investment must be
approved by the Board of Directors' resolution. Board of Directors or the general meeting of
shareholders (If it meets the requirements).
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