Page 16 - Tata Steel One Report 2024-Eng-Ebook HY

Business Operation and Performance Driving Business Towards Sustainability Corporate Governance Policy Financial Statements Attachments
Significant Developments
Previous significant profile and developments as follows:
2002 • The Company was established as a Public Company Limited named “Millennium Steel Public Company Limited” (MS).
2011 • The SET announced to regroup the Company securities to be under the sector of “STEEL”
• Mini Blast Furnace mothballed in August 2011 as the unit was operated at lower capacity utilization coupled with significant increase in cost of imported raw materials.
• TATA Tiscon Branded rebar launched in August 2011.
2012 • The Company entered the Special Bar Quality steel market, to become the only producer of this product in Thailand.
• The Company launched seismic resistant rebar for earthquake prone areas, first time in Thailand.
2013
2014
2015
2016
2017
2004 2005
• Acquired the businesses of NTS, SISCO and SCSC, the last two of which were subsidiaries of Cementhai Holding Company Limited (CHC).
• Company listed on SET under the sector of “REHABCO” (Rehabilitation Plan).
• The SET reclassified the Company securities in the sector of “CONMAT” (Construction and Furnishing Material).
• Cementhai Holding Company Limited (CHC) agreed to sell all Millennium Steel Public Company Limited” (MS) shares pursuant to the Binding Offer from Tata Steel.
2006 • Tata Steel submitted their voluntary tender offer to all the shareholders of the Company.
• The Company was recognized by the SET for the CSRI Recognition Award.
• NTS was awarded Prime Minister’s Industry Award - Safety Management.
2007
2008
2009
• The Company listed on Thailand Sustainability Investment 2015 for its outstanding performances in Environment, Social and Governance aspects with potential of giving long-term profit to the investors by the SET.
• The Company was among the first 30 companies in Thailand that joined The Children Sustainability Forum to make a commitment in protecting Children Rights.
• The Company’s major shareholders changed from “CHC” to “Tata Steel Group”
• The Company’s name changed from “Millennium Steel Public Company Limited” to “Tata Steel (Thailand) Public Company Limited”.
• Trading stock symbol on SET changed from “MS” to “TSTH”.
• The Company paid annual dividend for the year 2006 to all preferred and ordinary shareholders at the rate of Baht 0.03 per share (36% of consolidated net profit).
• The Company paid annual dividend for the year 2007- 2008 to all preferred and ordinary shareholders at the rate of Baht 0.076 per share (24% of consolidated net profit).
• The Mini Blast Furnace (MBF) project using iron ore as raw material was completed. This project was considered the first of its kind in Southeast Asia.
• The Company was recognized by the SET for Outstanding CSR Award and CSR Recognition award.
• NTS was awarded Prime Minister’s Industry Award -
Quality Management.
14 Tata Steel (Thailand) Public Company Limited
• SCSC won the Prime Minister’s Industry Awards 2016 - Safety Management.
• SISCO won Corporate Social Responsibility Department of Industrial Works Award (CSR-DIW).
• The Company received “Thailand Sustainability Investment Award” and “Sustainability Report Award 2017” from SET.
• NTSreceivedthePrimeMinister’sIndustryAward-Safety Management.
• NTS and SISCO received “Carbon Footprint for Organization” from Thailand Greenhouse Gas Management Organization.