January
- TEE Development Pte Ltd sold 11.73% of the paid-up capital of Chartchewa Co., Ltd.
April
- Increased its registered capital to 1,557,692,307 shares at par value of 1 THB from 750 million shares. The balance registered capital was 2,307,692,307 shares to support the distribution of the stock dividend, offer the new ordinary shares to its existing shareholders and reserve for the issuance of warrants.
May
- The Company offered ordinary shares to shareholders (Right Offering) the subscription ratio is 1 existing shares to 1 new ordinary share, the offering price is Baht 1.15. The Company offered to sell the newly issued ordinary shares amount 467 million shares , the amount of 537 million baht.
- Issuance of Warrants to Purchase the Company’s Ordinary Shares No.1 (CHEWA-W1) for the existing shareholders that subscribed the increase share capital in a ratio of 1 warrant for every 1 subscribed share. Term of warrant was 1 year and 6 months , Exercise price at 1.75 Baht per share
- Increased its registered paid-up capitals of 525,027,183 shares from the stock dividend of 57,691,379 shares and issuance new ordinary shares of 467,335,804 shares. The balance registered capital paid-up was 1,275,027,183 shares
July
- TEE Development Pte Ltd. sold all shares to Chartchewa Co., Ltd. resulting in Chartchewa Co., Ltd. holding 67.64% of the shares. The management structure remains the same.
October
- The Company launched the Chewathai Residence Thonglor - a 130-unit, 8-storey condominium project.
December
- The Company launched the Hallmark Charan 13 - a 184-unit, 8-storey condominium project.
- The Company launched the Townhome, Chewa Home Wongwaen-Lamlukka with 274 units.
May
The Company established “Chewa Heart Company Limited” which is a joint venture with Khun Kajit Launpitpong who is not a related party to the Company. The Company held 70% of total shares with the purpose to develop the Townhome project.
July
The Company has joined with Nye Estate Company Limited, L.P.N.D. Development Public Company Limited, and CH Karnchang Public Company Limited to establish Kamala Senior Living Company Limited, a joint venture, in order to develop the Lifestyle Senior Living Village at the premium level in Phuket Province. The jointed venture doesn’t related to the Company, the Company held 25% of the total shares
February
From the Extraordinary General Meeting 1/2016 on the 17th of February 2016, the meeting approved the resolutions are as follows;
- Decreased its registered paid-up capitals to 417 million THB from 905 million THB by cutting 417 million shares at 1 THB per share that have been registered but not yet issued. The balance value was 488 milllion THB.
- Increased its registered paid-up capitals from 488 million THB to 750 million THB by issuing common shares with the amount of 262 million shares at par value of 1 THB to allocate 262 million shares at par value of 1 THB for Initial Public Offering (IPO).
March
The Company offered ordinary shares for Initial Public Offering (IPO) with the amount of 262 million shares, offer to the public at 1.60 THB/share.
April
The Company was listed on the Market for Alternative Investment (MAI).
June
Chewathai bought over the AQ Aria Asoke and changed its name to “Chewathai Residence Asoke” - a 315 - unit, 29-storey luxury condominium project located on Asoke - Dindaeng Rd., Makkasan Sub - district, Ratchathewi District, Bangkok,
August
The Company started to develop and launch the Chewathai Phetkasem 27 - a 638 - unit, 26 - storey condominium project located on Phetkasem Rd., Bang Wah Sub - District, Phasicharoen District, Bangkok.
September
The Company transferred the plot of land for developing the Chewathai Phetkasem 27 - a 638 - unit, 26 - storey condominium project.
The Company was granted ISO 9001-2015 (Sales of Condominiums, Houses, Factories on Rent & Real Estate Services) for quality control system.
October
The Company entered the Sale and Purchase Agreement for the plot of land for ten agreements in total with other party for developing the house project on Phutthamonthon Sai 1, Thalingchan District, Bangkok.
November
The Company launched the Detached House and Semi-Detached House, Chewarom Ransit Don Mueang with 81 units, located on Rangsit - Nakhon Nayok Rd., Prachathipat Sub - District, Thanyaburi District, Pathumthani.
January
The Company was granted ISO 9001 - 2008 accreditation (Provision of Sale & Real Estate Services) for quality control system.
February
The Company attended its membership of British Chamber of Commerce Thailand for the purpose of public relation the ready built factories to other memberships in the Chamber.
April
The Company attended its membership of German - Thai Chamber of Commerce for the purpose of public relation the ready built factories to other memberships in the Chamber.
The Company has arranged the 2015 Annual General Meeting on the 23th April 2015, the meeting approved the resolutions are as follows;
- Converted the Company into a public limited company and was renamed to Chewathai Public Company Ltd. on the 24th Apill 2015.
- Changed Par from 100 THB to 1 THB.
- Increased its registered paid - up capitals from 240 million THB to 580 million THB by issuing common shares in the amount of 340 million shares at par value of 1 THB to the existing shareholders which are Chartchewa Co.,Ltd and TEE Development Pte Ltd for 1 THB per share in total 108 million shares. The registered paid - up capital of the company was equal to 348 THB Million. The Company allocated 232 Million shares at 1 THB per share for Initial Public Offering (IPO).
August
The Company was granted the investment promotion from Thailand Board of Investment to support the ready built factories project which is located on Amata City Industrial Estate, Highway 311 Rd., Map Yang Phon Sub - District, Pluak Daeng District, Rayong.
September
The Company launched the Chewathai Residence Bang Pho which is a 24-storey condominium building with the total of 172 units located on Pracharat Sai 2 Road, Bangsue Sub - District/ District, Bangkok.
The Company entered into the Sale and Purchase Agreement for the plot of land with area of 15 - 2 - 36 Rai with other party for developing the house project.
October
From the Extraordinary General Meeting 1/2015 on 21th October 2015, the meeting approved the resolutions are as follows;
- Decreased its registered paid-up capital to 232 million THB from 580 million THB by cutting 232 million shares at 1 THB per share that have been registered but not yet issued. The balance value was 348 million THB.
- Increased its registered paid-up capital from 348 million THB to 905 million THB by issuing common shares in amount of 557 million shares at par value of 1 THB to the existing shareholders which are Chartchewa Co. Ltd. and TEE Development Pte. Ltd for 1 THB per share in total 240 million shares. The company allocated 317 million shares at par value of 1 THB for Initial Public Offering (IPO).
The Company entered into the Sale and Purchase Agreement for the plot of land with area of 4 - 0 - 36 Rai to develop the high - rise condominium on Phetkasem Rd. The parties were Ms. Sirilak Panichewa and Ms. Siriwan Panichewa whom are unrelated and have no conflict of interest to the company (a person who may have conflict of interest from the Notification of the Securities and Exchange Commission No. KorChor. 17/2551) due to their relationship with Mr. Chartchai Panichewa’ s uncle.
December
The Company transferred the land for developing Chewarom Rangsit Don Mueang which is the first house project with 81 units.
Chewathai launched five more ready-built factories for rent in Amata City Industrial Estate, Rayong Province with an investment value of THB 210,000,000.
Chewathai launched “Hallmark Chaengwattana” – two 8th floor condominium buildings with a total of 472 units located in Chaengwattana area, with a project value of THB 780,000,000.
Chewathai Interchange Co., Ltd. – a 100% owned subsidiary - took over the Dzio condominium project from Orada Co., Ltd. and changed the project name to “Hallmark Ngamwongwan”, which comprise of four 8th-floor condominium buildings with a total of 792 units located in Ngamwongwan area, with a project value of THB 1,200,000,000.
Chewathai purchased additional 13 rai of land in Amata City Industrial Estate, Rayong Province, for developing ready-built factories for rent in Phase 2.
Chewathai acquired 100% shares in Rotaj Development Co., Ltd. which was the land owner of Cross Point condominium. The company name was changed to Chewathai Interchange Co., Ltd. and the project name was changed to Chewathai Interchange. This project is a 26th-floor condominium building with a total of 279 units located next to Tao Poon MRT station on Pracharat Sai 2 Road, and has a project value of THB 1,050,000,000.
Chewathai increased its registered and paid-up capital from THB 200 million to THB 240 million.
Chewathai initiated and developed its first precint of ready-built factories for rent, and subsequently launched its first 5 units for rent
Chewathai launched “Chewathai Ramkhamhaeng” – a 33rd-floor condominium building with a total of 535 units located on Rakhamhaeng Road, with a project value of THB 1,100,000,000.
Chartchewa Co., Ltd. and TEE Development Pte., Ltd. jointly founded Chewathai Co., Ltd. with the registered and paid up capital of THB 1 million with a shareholding ratio of 51% : 49%. The collective aspiration was to tap of each other’s expertise to develop quality, elegant and functional properties to cater to consumer demand.
Chewathai subsequently increased its registered and paid-up capital to THB 10 million.
Chewathai launched “Chewathai Ratchaprarop” – a 26th-floor condominium building of 325 units located on Ratchaprarop Road, with a project value of THB 1,350,000,000.
Chewathai increased its registered and paid-up capital from THB 100 million to THB 200 million.
Chewathai and United Motor Works (Siam) Public Company Limited jointly founded Chewathai Hup Soon Co., Ltd. for the purpose of developing the condominium project named “The Surawong”, a 8th-floor condominium building of 52 units located on Surawong Road with a project value if THB 350,000,000.