OUR STORY
Malee Group Public Company Limited was established as Malee Sampran Factory Company Limited on February 2, 1978, with a registered capital of Baht 10 million, as a manufacturer and distributor of canned food and fruits. After growing over time, the Company expanded its production capacity by building a factory in the area of 30 rai in Sam Phran District, Nakhon Pathom Province, in 1981. Later, the Company was listed on the Stock Exchange of Thailand on March 13, 1992. In April 1995, the Company adjusted its shareholding structure when Abico Holding Public Company Limited acquired 10,000,000 shares from the existing shareholders, accounting for 40% of the registered capital of Baht 250 million. On May 15, 1998, the Company changed its name to Malee Sampran Public Company Limited. On December 9, 1998, the Company increased its capital from Baht 500 million to Baht 999.99 million, with a fully paid-up capital of Baht 700 million, to support its continually growing business.
Later, on April 9, 2013, the Company decreased its registered capital to Baht 182 million, with paid-up capital of Baht 140 million. In 2014, the Company again decreased its registered capital to Baht 140 million, which was fully paid up. On April 28, 2016, the Company changed its name to “Malee Group Public Company Limited,” and its seal has also changed accordingly. Most recently, on December 15, 2020, the Company decreased its registered capital by cutting 4,000,000 repurchased shares on December 15, 2020, from 280,000,000 to 276,000,000 shares, accounting for a paid-up registered capital of Baht 138 million.
On April 27, 2022, the shareholders’ meeting approved a plan to increase the registered capital and readjust the shareholding and management structure of the Company. The registered capital was increased from Baht 138 million to Baht 276 million by issuing 276,000,000 new ordinary shares with a par value of Baht 0.50 per share. The plan was to allocate the newly issued ordinary shares of the Company to all shareholders of Abico Holdings Public Company Limited (ABICO) who accept the tender offer under the shareholding and management restructuring plan at the ratio of 1.12930899:1 of ABICO share (with a par value of 1.00 baht per share). The plan was completed in December 2022. There were 743 shareholders of ABICO who accepted the tender offer, totaling 238,846,657 shares, accounting for 97.73% of the issued and fully paid-up shares. As a result, the Company currently has a registered capital of Baht 276 million and a fully paid-up capital of Baht 272.87 million, divided into 545,731,275 ordinary shares.
The Company has been continually conducting its business based on canned fruits UHT and pasteurized fruit juices. Malee Group Public Company Limited is currently manufacturing and distributing canned fruits and UHT and pasteurized fruit juices under the “Malee” brand, UHT and pasteurized milk under the “Farm Chokchai” brand, as well as other beverages. In addition, the Company also engages in Contract Manufacturing Business (CMG), in which the Company produces beverage products under contracts for domestic and international customers. The main businesses of the Company can be divided into four categories as follows:
1. Branded Products Business of Malee Group Public Company Limited which can be divided into 2 businesses:Beverage Business The main product groups are Premium fruit and vegetable juices in UHT and pasteurized carton formats under the brand name “Malee”. UHT carton fruit juices under the brands “Malee Premium”, “Malee Signature”, “Malee Tropical”, “Malee Food Services”. Coconut water in UHT carton and ready-to-drink bottle formats un der the brand “Malee Coco”.Fruit and vegetable juice with high fiber under the brand “Malee Homestyle”.100% fruit and vegetable juice with heat-killed microorganisms and fiber under the brand “Malee Power Plant”. Fresh cow’s milk in UHT carton and pasteurized bottle formats under the brand name “Farm Chokchai”. Corn milk under the brand “Malee iCORN”. UHT carton drinking water under the brand “good water”. Fruit Processing Business Canned seasonal fruits (rambutan, rambutan stuffed with pineapple, lychee, longan, water chestnut, toddy palm, mango, etc.), canned sweet corn, canned pineapple, and canned mixed fruits under the brand names “Malee”, “First Choice”, “Chaow Suan”, and “Malee Food Services”. The company’s products are distributed both domestically and internationally through various distribution channels
2. Contract product development and manufacturing business. The contract product development and manufacturing service business is another important business of the company. The nature of the business involves providing services from research and development to formulate products, sourcing various raw materials, including packaging, to produce goods according to customer requirements. The contract manufacturing services are divided into two types:
1. Full Service model, where the company will research and develop formulas, as well as source raw materials andpackaging, and manufacture products according to the customer’s plan, and deliver them at the agreed-upon location.
2. Partial Service model, where the customer will provide the product’s formula, and supply all or part of the rawmaterials and/or packaging to the company to produce goods according to the customer’s plan, and deliver them at
the agreed-upon location.
3.Agricultural Business and Dairy Farm The Company operates one dairy farm, namely PPO Farm Co., Ltd., located in Seka District, Bueng Kan Province, for the production and sale of unprocessed milk or raw milk to
cooperatives. The farm houses two breeds of dairy cows, Holstein Friesian and Brown Swiss, totaling 1,690 animals, of which over 907 are lactating cows.
4. Real Estate Development Business: The Company owns an office rental business with a five-story office building, divided according to the needs of customers in the area. The Company has received benefits in the forms of revenue from renting and service fees on a monthly basis.
