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 Simat Technologies Public Company Limited was incorporated on 19 March 1999 with the name of “Simat Mobile Computer Company Limited” with authorized capital of Baht 1 million. The founder of the Company is Mr. Thongkam Manasilapapan.
In 2005, the company expanded its business by having a strategic foreign partner, Grand-Flo Solution Berhad, a company which is evolved in EDCCS information technology development business registered in the stock exchange of Malaysia (MASDAQ Market of Bursa Malaysia Berhad). Grand-Flo provides technologies exchange which enhanced the pre-exist systems provided by the Company. This resulted in the tremendous growth to the Company. The company’s share registered increased to Baht 25 million.
During 2006, the Company had increased the registered capital to Baht 75 millions.
In October 2006, the Company established Simat Soft Company Limited (“Subsidiary”). It has transferred the entire software developing business to Simat Soft which had obtained privileges from the Board of Investment of Thailand (BOI).
On 12 December 2007, the Company listed in the Stock Exchange of Thailand (MAI)
In 2008, the Company established Simat Label Company Limited (Subsidiary”). This subsidiary engages in business of manufacturing and sales of sticker, label, barcode paper and related supplies which will create the value-added to the Company.
In addition, in 2008, the Company also expands its business to Vietnam by investing in Sino Trading and Service Corporation (“Associate”) and High Rich Trading and Services Corporation (“Associate”).
In 2009, the Company established E-Tech Distribution Company Limited (“Subsidiary”) (Formerly “Simat E-Tech (Thailand) Limited) in which the Company holds 51% of its shares and the remaining 49% held by E-Tech IT Sdn., Bhd. This subsidiary engages in business of sales of computer hardware about the Point of sales system.
During the end of year 2009, the Company expanded its business in Malaysia by acquiring 60% of total shares or 2,400,000 shares of E-Tech IT Sdn., Bhd. This subsidiary engages in business of sales of computer hardware, software and accessories and IT support services in Malaysia and the major end customers are government sector.
During 2010, the Company had increased the registered capital to Baht 88.7 millions.
The principal of our business, we provide of hardware, software and maintenance services with total solution for Enterprise Data Collection and Collation System (“EDCCS”).
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