Grading resultsThailand Stock Millionaire 2022 byMoney and Banking Magazine along with Chulalongkorn University Faculty of Commerce and Accountancy At number 1, the Thailand Stock Millionaire Championship 2022 still belongs to Sarat Ratanavadi, Director, Vice Chairman. and CEO of Gulf Energy Development Public Company Limited (GULF), for the fourth consecutive year.
But for the number 2 millionaire stock this year, it is a dark horse, “Panicha Dao”, the number 1 largest shareholder of PSG Corporation Public Company Limited (PSG), in the share of 80%, the total value of the shares held is 81,630.58 million baht
Until there was a question about who “Panicha Dao” was.
First of all, it must start with PSG, in which Panicha holds shares, formerly known as T Engineering Corporation Public Company Limited or T doing business as a construction contractor for factory buildings, warehouses, office buildings. center Residential buildings, hospitals, including public utilities and installation of various machines for more than 40 years
Later, on October 12, 2021, the company increased its registered capital to a large extent. by issuing 54,044 million new ordinary shares and selling to specified investors (PP) at a price of 0.02 baht per share.
The investment group from Lao PDR is led by Panicha Dao, wife of David Van Dao, a major shareholder in Luang Prabang Power Company on behalf of PT Company Limited (PTS), the sole owner of the Luang Prabang Hydroelectric Power Plant. Lao PDR became the new major shareholder. The company name then changed to PSG Corporation Plc or PSG
with Van Huang Dao as Chairman and David Van Dao as CEO.
The company has changed its business direction by expanding to the ASEAN region as well as the domestic market Expansion of coal capacity from 2.94 million tons per year to 15 million tons per year in Sekong Province, Lao PDR The value of the project is about 8,800 million baht . .
In addition, the company has signed a binding memorandum of understanding with the government. Lao PDR to conduct a feasibility study on the development of a waterfall recirculation power plant project in 214 potential areas. The Company has the right to develop a project in that area as well.
From the management of a new group of shareholders in the past year, PSG showed results for the 9-month period (September 30, 2022), turning back to a profit of 489.02 million baht from a loss of 52.50 million baht in the same year period last As for the share price from the date of making PP at a price of 2 satang, it has risen to 1.57 baht on September 30, 2022, causing Panicha Dao, the largest shareholder No. 1, to enter the list of millionaires in Thailand . stocks this year.
Van Huang Dao and David Van Dao do not appear in PSG’s top 10 shareholders, so neither is listed as a billionaire.
Read Thailand Stock Millionaire 2022 https://www.moneyandbanking.co.th/article/news/millionaire-2022-gulf-mb488-dec2022-081265
