Page 17 - annual report AUCT 2025_Eng

Business Operation and Operating Results Corporate Governance Financial Statements Attachments
2003 – 2007 2008 - 2012 2013 - 2017 ● The Company launched the first mobile auction in the upcountry.
● Opened the vehicle warehouse facilities in 17 provinces: Pitsanulok,
Chiangmai, Nakorn Sawan, Sakolnakorn, Roi Ed, Ayutthaya, Chonburi,
Nakorn Pathom, Saraburi, Ubonratchathani, Nakorn Ratchasima, Udornthani,
Khon Kaen, Songkhla, Suratthani, Trung, and Phuket. This covered all
regions in Thailand for the convenience of property owners.
● The Company set up the new branch in Rangsit Klong 8 to cover the
customer base in Bangkok’s vicinity.
● The Company expanded the automobile storage facilities in 3 provinces in
the Southtern and Eastern region; Prachuab-kirikhan, Nakorn Srithamaratch,
and Rayong.
● The Company transformed to be public company and changed the common
share value from 10 Baht per share to 0.50 Baht per share and increased
the registered capital from 110 million Baht to 145 million Baht.
● In March 2013, the Company changed the value of common share from
0.50 Baht per share to 0.25 Baht per share and reduced the registered
capital to 137.50 million Baht by offering 110 million common shares to
the public. The total capital increase was 27.50 million Baht.
● The Company started trading shares in the "Market for Alternative
Investment” (mai) for the first time on 9 August 2013.
● The Company expanded its head office compound by about 14 rais and
raised the ground level as a flood safety zone and also expanded for 9
branchs and warehouses in Chiangmai, Nakorn Ratchasima, Surin,
Ubonratchathani, Udonthani, Surajthani, Songkha, Phitsanulok, and Samut
Sakorn. The auction is scheduled every day, alternating in each branch.
● The Company increased properties auction to include brand name product,
4G, luxurious furniture, and trucks.
● The Company invested in the joint venture, Action and Auction Company
Limited, with 51% of the shares held by AUCT and 24% of the shares held
by TSF Energy Company Limited (or later changed it’s name to TSF Extra
Company Limited). Action and Auction Company Limited was set up with
its registered capital of 10 million Baht to primarily operate a business related
to the auction of assets, cars and motorcycles. However, in 2018, the joint
venture was closed since the operating results did not reach the target.
● E-Onsite is a developed auction system in the form of an E-Auction at the
auction yard in order to facilitate customers who do not wish to show their
status at auction point.
● Rebranding to improve the image and the quality of the Company’s services
so that they were more up-to-date and more impressive for customers.
บริิษััท สหการประมููล จำำากัด (มหาชน)
Union Auction Public Company Limited
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