History and Background of the Group

History and Background of the Group

Trinity Watthana Public Company Limited was registered as a limited company on January 31, 2001 with an initial registered capital of Baht 300 million and it was converted into a public company on 14 August 2002. The Company is principally engaged in investment in other companies (A Holding Company) with Trinity Securities Company Limited as its core subsidiary, with stakeholder of 99.40%. The Company was listed on the Stock Exchange of Thailand (SET) on December 18, 2002 with a registered capital of Baht 700 million Latest, The Company increased the registered capital to support the stock dividend payment to the shareholders. Latest, On March 19, 2018 The Company increased the registered capital to support the conversion of warrants to purchase ordinary shares issued to Shareholders Directors and Employees. As of 31 December 2023, the Company has paid-up capital of 1,072,024,230 Baht

Trinity Watthana Public Company Limited has 4 subsidiaries with stakeholder of 99.99%, 2 associated companies and 1 joint venture company. The detail of subsidiaries, associated companies and joint venture companies are as follows:

Subsidiaries

1. Trinity Securities Company Limited was registered as a limited company on 19 April 1999 under its former name of “SCB Bookclub Securities Co., Ltd.” with Siam Commercial Bank Public Company Limited as its major shareholder as of 24 May 1999. Then, on 2 March 2001, Siam Commercial Bank Public Company Limited agreed to sell its shares in SCB Bookclub Securities Co., Ltd. to Trinity Watthana Company Limited resulting in a change of new management team Also, the company’s name of “SCB Bookclub Securities Co., Ltd.” was renamed “Trinity Securities Co., Ltd.” on 9 March 2001. The company has a registered capital of 500 million baht, which is fully paid up. The company has increased its registered and paid-up capital on 12 April 2011 to 1,200 million baht. . As of 31 December 2022, the company has 5 branches in other provinces.

Currently, the company has been granted a license by the Ministry of Finance to engage in 7 types of securities business namely securities brokerage, securities trading, investment advisory, securities underwriting, securities borrowing and lending, derivatives agent, and private fund asset management, the company has been approved by the Office of Securities and Exchange Commission to provide financial advisory service and to be a selling agent for unit trust of mutual fund.

2. Trinity Intelligence Plus Company Limited is engaged in consultancy business, internal control system, Risk management, Accounting system and Internal audit for medium and small sized companies to plan to list on the stock market including listed companies. Trinity Intelligence Plus Company Limited was registered on November 22, 2013 with registered and paid-up capital of Baht 3,000,000.

3. Trinity ONE Company Limited engages in investing in various businesses. Trinity One Company Limited is registered on June 8, 2018 with registered capital of 1,000,000 baht and paid-up 250,000 baht.

4. Asset Backed Holding Company Limited operates an investment business. Asset Back Holdings Co., Ltd. was registered on July 30, 2002 and has a registered and paid-up capital of 100,000 baht. Asset Back Holdings Co., Ltd. has invested 99.99% in Conduit Management Services Co., Ltd., which was established with the objective of managing securitization for other companies with registered and paid-up capital of 500,000 baht.

Joint Venture 

Tree Money Holding Company Limited is an associate company, for shareholding of 30.07 percent. Its primary objective of establishing a business is to invest in companies that operate retail loans at the provincial level under supervision (Pico Finance) and other related businesses. Currently, the company has a registered and paid-up capital of 71.5 million baht.

Associated companies

1. Zennite Co., Ltd. is an associated company, with the proportion of 28.34% in the company. Zennite Co., Ltd. has the objective of establishing a business to provide a comprehensive platform for Wealth and Human Resources Management. Currently, the company has registered and paid-up capital of 7,591,100 baht.

2. Thaitex CBD Smart Farm Company Limited is an associated company by investing at a rate of 20%. Thaitex CBD Smart Farm Company Limited has the objective of establishing to conduct a business related to growing and/or extracting and selling inflorescences, leaves, bark, stems, branches, roots, seeds and/or products made from hemp and/or marijuana. Currently, the company has registered and paid capital of 50,000,000 baht.