Who Owns Italian-Thai Company?

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Who Really Controls Italian-Thai Company?

Unraveling the ownership of a major construction firm like Italian-Thai Development Public Company Limited (ITD) is key to understanding its future. Major shifts in ownership can signal significant strategic changes, impacting everything from project selection to financial performance. Knowing who holds the reins of ITD provides critical insights into its operational dynamics and long-term prospects.

Founded in 1958, ITD has become a construction powerhouse, and its ownership structure has evolved alongside its impressive growth. As of June 13, 2025, with a market capitalization of ฿1.425.56 million, understanding the Italian-Thai SWOT Analysis is crucial. This includes identifying the major stakeholders, from the founders to the current shareholders, and examining how their influence shapes the company's direction. Exploring the Italian-Thai Company ownership is essential for anyone seeking to understand the company's trajectory.

The Italian-Thai Development Corporation Limited (ITD), a prominent player in the construction sector, traces its origins back to August 15, 1958. The company's founding was a collaborative effort between Dr. Chaijudh Karnasuta, a Thai national, and Mr. Giorgio Berlingieri, an Italian entrepreneur. Their partnership marked the beginning of what would become a significant enterprise in Thailand's infrastructure development.

The initial collaboration between Karnasuta and Berlingieri began in 1954, predating the formal establishment of ITD. Their successful joint venture involved salvaging five sunken ships in the Chao Phraya River. This early success laid a strong foundation for their future partnership, fostering a relationship built on mutual trust and shared goals. The company was launched with a starting registered capital of 2 million Baht.

The early ownership structure of the company, specifically the initial equity split between Dr. Karnasuta and Mr. Berlingieri, is not explicitly detailed in the available information. However, their combined vision was clearly focused on establishing a robust construction company. The company's evolution culminated in its public listing, a pivotal moment that shifted its ownership dynamics from private to public, opening it up to a broader base of shareholders. This transition marked a significant milestone in the company's history, impacting its operational structure and strategic direction.

Key Aspects of Italian-Thai Company Ownership

Understanding the Competitors Landscape of Italian-Thai is crucial for assessing its market position. Key aspects of Italian-Thai Company Ownership include the founders, the initial capital, and the transition to public ownership. The founders, Dr. Chaijudh Karnasuta and Mr. Giorgio Berlingieri, played a crucial role in the company's early development. The initial registered capital of 2 million Baht provided the financial foundation for the company's early projects. The shift to public listing represents a significant change in the company's ownership structure, allowing for wider investment and influencing its strategic decisions.

• The company's history began with a partnership between a Thai and an Italian entrepreneur.
• The initial capital was set at 2 million Baht.
• The company's ownership structure evolved over time with the transition to public listing.
• The company's ownership structure is crucial for investors and stakeholders.

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The Italian-Thai Development Public Company Limited (ITD) has a history of ownership changes. The company went public in 1994 on the Stock Exchange of Thailand, starting with a registered capital of 2,500 million Baht. The initial public offering (IPO) price was 175.00 Baht per share, with a par value of 10.00 Baht, which later changed to 1.00 Baht in April 2004. As of June 13, 2025, ITD's market capitalization is ฿1,425.56 million, with 5,279.87 million Baht paid-up capital. This evolution reflects shifts in ownership and market performance over time.

A significant move in the company's ownership structure was the divestment of its 46.64% stake in ITD Cementation India Limited. The share purchase agreement was signed on October 25, 2024, with Renew Exim DMCC for approximately INR 32 billion (USD 351 million), and the acquisition was finalized on May 28, 2025. This strategic decision shows a change in the company's portfolio and might influence its future strategies.

As of April 2, 2025, the major shareholders of ITD include Mr. Premchai Karnasuta, holding 628,213,626 shares, which represents 11.90% of the total shares. Ms. Nijaporn Charanachitta holds 350,815,140 shares, or 6.64%, and Thai NVDR Company Limited holds 182,882,043 shares, or 3.46%. Other significant individual shareholders include Mr. Pannakunt Wattanaudom (0.96%), Mr. Chaiya Sakulchaivanich (0.89%), and Mr. Dendanai Hutajuta (0.80%). These details provide insights into the current Italian-Thai shareholders and their influence on the company.

Ownership Structure of Italian-Thai

Understanding the ownership structure of the Italian-Thai Company Ownership is crucial for investors and stakeholders. Key shareholders and strategic decisions shape the company's direction.

• The company went public in 1994.
• Major shareholders include Mr. Premchai Karnasuta and Ms. Nijaporn Charanachitta.
• A recent divestment involved ITD Cementation India Limited.
• Market capitalization as of June 13, 2025, is ฿1,425.56 million.

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As of April 23, 2025, the board of directors of Italian-Thai Development Public Company Limited comprises nine members. The attendance rate at board meetings was 77.78%, with seven members present. The composition of the board includes a mix of executives and independent directors, reflecting a balance between representing ownership interests and ensuring independent oversight. The company's governance structure aims to provide a framework for effective decision-making and shareholder value creation.

The board includes Mr. William Lee Zentgraf and Mr. Sai Wah Simon Suen, who are independent directors scheduled to retire by rotation. Mr. Pathai Chakornbundit serves as the Chairman of the Board of Directors and Senior Executive Vice President. The company operates under a one-share-one-vote system, where each share held grants one vote. This structure allows shareholders to directly influence company decisions based on their shareholdings. For further insights, you can explore the Brief History of Italian-Thai.

The voting power within Italian-Thai Company is directly proportional to share ownership. This means that the more shares a shareholder owns, the greater their influence on company decisions. The company's ownership structure is designed to provide a clear and transparent process for shareholders to exercise their voting rights, ensuring that the company's direction aligns with the interests of its investors. This approach is critical for all stakeholders, including those interested in understanding who owns Italian-Thai and the company's major stakeholders.

Understanding Italian-Thai Company Ownership

The board of directors plays a crucial role in overseeing the company's operations and ensuring that the interests of shareholders are represented. The voting structure, based on a one-share-one-vote system, allows shareholders to have a direct impact on company decisions.

• The board consists of nine members.
• The company follows a one-share-one-vote principle.
• Independent directors provide oversight.
• Shareholders' voting power is based on share ownership.

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Over the past few years, significant shifts have occurred regarding Italian-Thai Company Ownership. A major development includes the divestment of a substantial stake in ITD Cementation India Limited. This strategic move, finalized in May 2025, reflects an effort to streamline the company's portfolio. These adjustments in the company's asset base signal a response to evolving market conditions.

Financially, the company faced challenges, reporting a net loss of 5,891,565,000 Baht for the year ending December 31, 2024. For the first quarter that ended March 31, 2025, the company reported sales of THB 6,840.25 million and a net income of THB 6,767.02 million. These financial results have impacted the company's operations and shareholder returns. The company's financial reports provide insights into the current ownership structure.

The company's challenges, including financial losses and investigations related to project failures, highlight how external factors can influence Italian-Thai shareholders. These events underscore the importance of understanding the company's financial health and strategic decisions when assessing its ownership profile.

Who are the major shareholders of Italian-Thai Company?

Information on major shareholders is crucial for understanding Italian-Thai Group's ownership structure. Public filings and financial reports offer details on key stakeholders. This helps in assessing the control and direction of the company.

Is Italian-Thai Company publicly traded?

Understanding the company's listing status is essential. Publicly traded companies have different reporting requirements. This impacts how investors access information about Italian-Thai history, financial performance, and ownership.

How to find Italian-Thai Company's ownership structure?

Examining the ownership structure involves reviewing annual reports, regulatory filings, and other public documents. These resources provide a comprehensive overview of the company's stakeholders. The details about Italian-Thai Company's ownership are available.

Italian-Thai Company financial reports and ownership

Financial reports are key to understanding how financial performance affects ownership. Analyzing these reports can reveal how the company's financial health influences its ownership structure. This includes information on Italian-Thai subsidiaries.

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