Company Milestones

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Significant developments of the Company during the past period are as follows:

2021
2020
2019
2018
2017
2016
2015
2021
  • As of 5 July 2021, the Company has a total of 451 branches in 6 regions, namely 171 branches in the northern region, 131 branches in the central region, 122 branches in the north-eastern region, 21 branches in the western region, 3 branches in the southern region, and 3 branches in the eastern region.
  • The Company has been certified by the Thai Institute of Directors (IOD) to be a member of the Private Sector Collective Action Coalition Against Corruption (CAC). Such certification is valid for a period of 3 years, effective on 31 March 2021.
  • The 2021 Annual General Meeting of Shareholders held on 21 April 2021 resolved as follows:
    • Approved the conversion of the Company from a private limited company to a public limited company and changed the company name from Heng Leasing Company Limited to Heng Leasing and Capital Public Company Limited. The Company registered its conversion from a private limited company to a public limited company on 21 April 2021.
    • Changed the par value of the Company’s ordinary shares from THB 5.0 per share to THB 1.0 per share, resulting in an increase in the number of ordinary shares from 601,832,540 shares to 3,009,162,700 shares.
    • Increased registered capital in the amount of THB 800,837,300, resulting in an increase in the registered capital from THB 3,009,162,700 to THB 3,810,000,000 by issuing 800,837,300 new ordinary shares with a par value of THB 1.0 per share for initial public offering (IPO).
  • The Company’s shares became listed securities on 19 October 2021, which was the first day trade on the Stock Exchange of Thailand. The total number of 800,837,300 shares were offered to the general public at the price of THB 1.95 per share. The Company’s ticker symbol is “HENG”.
2020
  • Opened 106 additional branches in 6 regions, namely 56 branches in the northern region, 23 branches in the central region, 22 branches in the north-eastern region, 3 branches in the southern region, 1 branch in the eastern region, and 1 branch in the western region. There was a total of 402 branches in services. This was the first year to expand loan services to the eastern and southern regions.
  • Opened 3 car auction centers in Chiang Mai Province, Phrae Province, and Nakhon Ratchasima Province to be the centers for a car auction in the northern and northeastern regions. As a result, the Company had a total of 7 car auction centers.
  • Expansion of services into mortgage loan service.
2019
  • The Company obtained a letter of approval from the Ministry of Finance to conduct the following business:
    • Retail loan for occupations under supervision on 11 March 2019
    • Personal loan under supervision on 13 June 2019
  • The Company obtained a license as a life insurance broker and a non-life insurance broker on 26 December 2019 from the Office of Insurance Commission (OIC).
  • Opened 5 additional branches in 2 regions, namely 4 branches in the north-eastern region and 1 branch in the central region. As a result, there was a total of 296 branches in services (3 branches were closed down).
  • Opened 4 car auction centers in Chiang Rai Province, Suphanburi Province, Phitsanulok Province, and Khon Kaen Province to be the centers for a car auction in the northern, central, and north-eastern regions.
2018
  • Increased registered capital from THB 1,710.0 million to THB 3,009.0 million by issuing THB 259.8 million new ordinary shares with a par value of THB 5.0 per share to be used for expansion of loan services and branches.
  • Opened 65 additional branches in 4 regions, namely 52 branches in the north-eastern region, 7 branches in the western region, 5 branches in the central region, and 1 branch in the northern region. There was a total of 294 branches in services.
  • Accredited to international standards such as ISO/IEC 27001:2013 Information Security Management System.
2017
  • Increased registered capital from THB 305.0 million to THB 1,710.0 million by issuing 281.0 million new ordinary shares with a par value of THB 5.0 per share to be used for expansion of loan services and branches.
  • Opened 82 additional branches in 4 regions, namely 49 branches in the central region, 18 branches in the north-eastern region, 13 branches in the northern region, and 2 branches in the western region. As a result, there was a total of 229 branches in services. This was the first year to expand loan services in the north-eastern region.
2016
  • Mit Eua Aree Group and Sinpranee Group jointly invested in the Company on 22 August 2016.
  • The Company increased its registered capital from THB 5.0 million to THB 305.0 million by issuing 60.0 million new ordinary shares with a par value of THB 5.0 per share to be used for expansion of loan services and branches.
  • Started to open 147 branches in 3 regions, namely 103 branches in the northern region, 41 branches in the central region, and 3 branches in the western region.
2015
  • Thaweeheng Group and Pattanasin Group co-founded the Company on 30 October 2015 with initial registered capital of THB 5.0 million, with 1.0 million shares at a par value of THB 5.0 per share to provide loan services with motor vehicle registration as collateral.