Corporation Information

Formerly, Abico Holdings Public Company Limited (ABICO) was a major shareholder of Malee Group Public Company Limited, holding 27.21% of the shares, while the Boonyarat family held a total of 21.50% of the shares. Later, after the shareholding and management restructuring, the Company’s shares were exchanged with ABICO’s shares, in which ABICO shareholders expressed their intention to swap shares. The restructuring was completed in December 2022, causing major shareholder changes. The Boonyarat family now holds 47.51% of the Company’s shares, and ABICO holds 13.76% of the Company’s shares. In 2023, the Company has eliminated the cross-shareholdings in which ABICO holds in the Company for the whole amount.

As of December 31, 2023, the affiliated companies of Malee Group Public Company Limited are as follows:

1. Malee Enterprise Company Limited, a subsidiary that oversees all of the marketing and domestic distribution. The products are distributed through the Company’s sales staff and distributors nationwide.

2. Malee Capital Company Limited, a subsidiary that operates business in investments and provides services to affiliated companies.

3. Malee International Company Limited, a subsidiary that operates an international trading business.

4. Monde Malee Beverage Corporation, a joint venture that operates an import and distribution business for Malee’s products and new products in the Philippines in which the Company holds 49% of the shares. Monde Malee Company Limited is a joint venture partner with Monde Nissin Corporation, Philippines.

5. Malee Applied Sciences Company Limited, a subsidiary that provides research services and develops innovation to add value to products and services.

6. Abico Holdings Public Company Limited, a subsidiary that invests in other businesses such as manufacturing of beverages and dairy products, dairy farm business, and real estate business. View More

7. Abico Dairy Farm Company Limited, a subsidiary that operates a contract manufacturing business of UHT milk, pasteurized milk and pasteurized fruit juices.

8. PPO Farm Company Limited, a subsidiary that operates a dairy farm business of manufacturing and distribution.

9. Abico Land Company Limited, a subsidiary that operates a real estate development business by providing building rental and services.

10. PT Kino Malee Trading Company Limited operates an import and distribution business for Malee’s products and new products in Indonesia.

11. Long Quan Safe Food Company Limited, a joint venture that operates a distribution business in Vietnam and exports beverages, in which the Company holds 65% of the shares.

12. Tan Quang Minh Manufacture and Trading (“TQM”), a subsidiary of the joint venture Long Quan Safe Food Company Limited) operates a beverage production and export business in Vietnam.