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SE - SiamEast Solutions - SiamEast

SiamEast Solutions PCL

Solutions Excellence

Get to Know SE

Vision / Mission / Values

Historical

Business Overview

Letter from the Chairman

Over 30 Years of Industrial Excellence.

solutions

Vision

Solution Excellence providing industry excellence for all stakeholders.

mission

Emphasis on providing efficient, fast delivery products and services.
Create investment opportunities to help
add value to shareholders, customers and employees.

Values

F – Fast products delivery, Services and supply.
A – Cultivate Continuous Action to create business continuity by building confidence and honesty to all stakeholders.

S – Synergy building for strategic partnership and collaboration.

T – Technology development, knowledge and other skills.

Purpose

Delivering the Best Solutions to Industries for a Sustainable Future

achievement

SE emphasizes sustainable and stable operations, societal care, and environmental responsibility. It involves transparent disclosure in governance, directness, and development. This includes sourcing new innovations to create value for employees and customers alike, fostering mutual benefit for all stakeholders.

Good corporate governance

SE prioritizes key missions in fostering transparent and value-creating management, striving for excellence within the industry for the benefit of all stakeholders.

Report any acts of corruption.

To promote participation in the corporate governance process for both internal and external stakeholders, employees and stakeholders are encouraged to inquire, report suspicions, or lodge complaints regarding any suspected violations or non-compliance with laws, regulations, ethical standards, or corporate governance policies. They can provide details and evidence related to misconduct by individuals or related entities to the company.

Complaint about personal data breach.

If you observe actions that violate the Personal Data Protection Act (PDPA), you can report such actions that may contravene ethical principles and corporate governance standards through the channels provided by the company.

Significant Changes and Developments in Thailand's Business Landscape

Company History

  • 1993

    August

    Siam Rathani (East) Co., Ltd. was established with a registered capital of 2 million baht to supply and distribute industrial products in 3 product groups: pump systems, process management and pipe systems, and innovative materials. Focusing on customers in Rayong Province and the eastern region of Thailand

  • 2001

    October

    The company increased its registered capital from 2 million baht to 5 million baht to be used as working capital for the business.

  • 2009

    January

    The company opened an office in Bangkok. To expand the market for industrial products in all 3 product groups to Bangkok, its vicinity, and other provinces nationwide, including opportunities to expand abroad.

  • 2015

    August

    The company has received ISO 9001:2008 certification for design, distribution, assembly, installation, and after-sales service for industrial products such as water and liquid pumps, pipe systems, and consumables.

    December

    The company has received ISO 9001:2008 certification, which is an international quality management system.

  • 2016

    March

    The company has transformed into a public company. And changed the name to SiamEast Solution Public Company Limited, along with changing the par value of common shares from 100.00 baht to 0.50 baht and increasing the registered capital from 90 million baht to 120 million baht by issuing 60,000,000 new common shares for offering to the general public (IPO).

  • 2017

    February

    9 February: The company registered an increase in paid-up capital from 90,000,000 baht to 120,000,000 baht and offered to sell 60,000,000 additional common shares at a price of 2.45 baht per share, totaling 147,000,000 baht.

    14 February: Started trading shares for the first time (First Trading Day).

  • 2018

    Opened the Engineering Service Center Building to support the expansion of the acquisition and transfer of the business of Utility Business Alliance Co., Ltd. with a proportion of 40 percent of the registered capital. Received ISO9001:2015 standards from TUV Rheinland, certifying the quality in sales and procurement, assembly services, installation services and after-sales service for products for various industries such as pumps, valves, pipes and consumables.

  • 2019

    The company opened the Songkhla office. To expand the customer base to the South

  • 2021

    ▪ Increase the company's registered capital from 120 million baht to 312 million baht

    ▪ The company purchased 73,826 shares, representing 92.28 percent of Kessel (Thailand) Co., Ltd.

    ▪ The company holds 99,997 shares, representing 99.997 percent of OKS Group Holding Co., Ltd.

    ▪ Purchase additional shares to maintain a 40 percent stake in the existing shareholders of Utility Business Alliance Co., Ltd. from 1.6 million shares to 8.6 million shares

    ▪ Received ISO9001:2015 from Bureau Veritas, certifying quality in Sales & Supply, Design, Assembly, Installation and after-sales service for industrial equipment systems such as pumps, valves, pipes and consumable products.

  • 2022

    ▪ The company paid an annual dividend for 2021 to shareholders at the rate of 0.50 baht per share, totaling 15.60 million baht, to be paid on May 20, 2022.

    ▪ Utility Business Alliance Co., Ltd. has been transformed into a public company. And changed the company name to Utility Business Alliance Public Company Limited (Associate Company)

    ▪ Utility Business Alliance Public Company Limited ("UBA"), an associate company, listed and started trading on MAI under the Service Group, with 170 million shares, resulting in an increase in the number of registered shares and the number of issued and paid-up shares from 430.00 million shares to 600.00 million shares, resulting in the Company's shareholding proportion from 40 percent to 28.67 percent.

    ▪ OKS Group Holding Company Limited (subsidiary) increased the Company's registered capital by 9 million baht by issuing 900,000 additional ordinary shares at a par value of 10 baht per share, from the original registered capital of 1 million baht to 10 million baht.

  • 2023

    ▪ The Company increased its registered capital by 12,133,120 baht from the registered capital 327,594,259.50 baht to 339,727,380 baht by issuing 24,266,241 additional common shares at a par value of 0.50 baht per share.

    ▪ The company paid dividends in the form of common shares to shareholders at a rate of 0.50 baht per share, totaling 24,261,814 shares, totaling 12.13 million baht.

    ▪ The company paid dividends in cash to shareholders at a rate of 0.04 baht per share, totaling 655,188,519 shares, totaling 26.20 million baht.

    ▪ Utility Business Alliance Public Company Limited (UBA), a joint dividend paying company At a rate of 0.459 baht per share, totaling 27.54 million baht, the Company holds 171,999,800 UBA shares (28.67%) and received a dividend of 7.89 million baht.

  • 2024

    May 27, 2024 Move from mai securities to trade on the Stock Exchange of Thailand (SET) Increase opportunities to expand the business, increase value to stability and sustainability.

2025

Paid annual dividend in cash to shareholders at the rate of 0.026493 baht per share for 679,450,333 shares. The company increased its shareholding in Utility Business Alliance PCL (UBA), an associate company, to 32.52%.

Utility Business Alliance Public Company Limited (UBA), an associate company, paid dividends at the rate of 0.09725 baht per share, totaling 58.35 million baht. The company holds 198,159,400 UBA shares (32.52%) as of December 31, 2025.

Company history.

SiamEast Solution Public Company Limited or “SE” is a company that provides and distributes industrial products and provides various services related to industrial factories, which are currently divided into 5 product groups:
  1. Product and Technology GroupPumping System (Pumping System Technology Division)
  2. Product Management Group, Production Process and Pipe System (Process and Piping Solution Division)
  3. Product Group Innovative Material Division
  4. Product Group Service Business Division
  5. And Utilities & Power Division
It will do business according to its vision and values ​​and focus on expanding its business in terms of management or bidding with customers, managing customer inventory or stocking products for customers and delivering products according to customer needs, inventory managers or inventory management. In addition, the company also focuses on preventive maintenance contracts and energy efficiency enhancement by using insulation, Internet of Things (IoT), and new technologies from suppliers.

Nature of Business Operations

SiamEast Solutions Public Company Limited, or “SE,” is a supplier of industrial products and services for manufacturing plants, currently categorized into five product divisions:

The company operates based on its vision and core values, with a strong focus on business expansion through customer pricing strategies, inventory management, and stock storage solutions. SE ensures efficient product delivery based on customer demands and provides comprehensive inventory management services.

Additionally, the company emphasizes preventive maintenance contracts and energy efficiency improvements through thermal insulation, IoT-connected devices, and advanced technologies from its suppliers.

The Company has 3 affiliated companies and subsidiaries as follows:

1

OKS Group Holding Company Limited

Established for investment, mainly holding shares in other companies and can help companies in the group to increase their efficiency in their work or new businesses.

2

Kessel (Thailand) Company Limited

Manufacturer, distributor and installation service provider for pipes, valves or other equipment with special properties, resistant to chemical corrosion and heat for industrial plants.

Kessel's pipe products are distributed under the trademark Resistoflex, patented by Crane Co. Group, which is listed on the NYSE in the United States.

Kessel (Thailand) is the sole manufacturer and distributor in Thailand. In addition, there is a group of valve products. Under the trademark XOMOX and other equipment of DE DIETRICH Glass Lining.

3

Utility Business Alliance Public Company Limited

It is a leading company in Thailand that operates water and environmental management business, focusing on 85% of government customers and 15% of private customers. UBA can help SE expand its government customer base. At present, UBA treats more than 600,000 cubic meters of wastewater per day.

Shareholding Structure of the Group of Companies

92.28%
KESSEL
KESSEL
99.99%
OKS
OKS GROUP
33.03%
UBA
UBA

Business Strategy