Company Milestone

AMR Asia Public Company Limited (AMR) was founded on 13 September 1999 with a registered capital of 1 Million Baht, as a system integrator (SI) in designing, installing, and integrating a wide range of technology systems for IT solutions, large-scale communication systems, intelligent remote-control systems, and power systems. AMR is owned by a group of engineers with more than 20 years of experience in information and communications technology.

Under the vision of the management team Led by Mr. Natthachai Siriko, Director and Chief Executive Officer who believe that emerging technology is what will determine life in the future, resulting in the company and continuously growing due to technological advancements that has been trusted by government and the private sector from many industries, which want to change their data management business models or the form of service entering the digital age. The first project of the company was to set up a computer network system for Suan Dusit University. This is considered the first step towards other projects, such as setting up a data search system and linking Thai law to the Council of State Office, Installation and service of automatic TOU (Time of Use Rate) electricity meters for the Metropolitan Electricity Authority, Water level measurement system work equipment for water management for the Royal Irrigation Department which is the largest water management system in Thailand and a free tax zone management system, Air Cargo, Suvarnabhumi Airport.

In 2005, the Company found out an opportunity in the transformation of transportation system technology to support the expansion of the country's infrastructure, which is considered the key to economic development. Therefore, it began to expand its income base to the Railway Engineering System industry. In the beginning, the Company was an SI for a world-class manufacturer of rail and aircraft technology by bringing operating system and signaling system solutions for use with the transportation system in Thailand, both diesel trains and electric train systems. In the project to install signaling systems, a backbone network system, for the State Railway of Thailand (SRT).

In 2006, the Company installed a communications network and electrical system for a total of 27 Green Line stations and changed the signaling systems in 24 trains.

In 2015, the Company signed a contract to design, procure and installed the Electrical and Mechanical System (E&M) for electric train system of Green Line Southern Extension Project from Bearing Station to Kheha Station, a total of 9 stations, the Northern Line from Mo Chit Station to Khu Khot Station, a total of 16 stations, and a system of 2 depot facilities, operating under a joint venture.

In 2016, it was considered an important success for the company, as the company signed a contract to design, procure, and install electrical and mechanical (E&M) systems which was a Turnkey Project for the Gold Line. from Krung Thonburi Station to Khlong San Station, Phase 1, which is the first time in Thailand that a Thai company designs, installs, and manages the entire electric train system. Golden Line is considered a secondary mass transit system (Feeder Line) using a pilot project that uses the Automatic People Mover (APM) system similar to those used in leading airports around the world, the first line in Thailand.

สรุปลำดับเหตุการณ์ที่สำคัญของบริษัท เอเอ็มอาร์ เอเซีย จำกัด (มหาชน)

1999
2002
2004
2005
2006
2007
2013
2016
2018
2019
2020
2021
2022
1999
Founded its businesses. The first office was located in Plathong Karat Building on Ratchadaphisek Road and started the operation of design engineering and system integration (SI).
2002
Formed the research and development team to develop 20,000 TOU automated electricity meters for the Metropolitan Electricity Authority.
2004
Develop the legal database retrieval and service system for the Office of the Council of State.
2005
Implemented the first project of backbone network design and installation for 42 train stations of the State Railways of Thailand.
2006
Was the first Thai company implementing communication and electrical network design and installation for 27 stations of the Green Line, and signalling system replacement for 24 trains.
2007
Developed the flood monitoring and prediction system for the Chao Phraya River basin for the Department of Irrigation as well as the water management system for Bangkok Metropolitan.
2013
Increased the registered capital from Baht 1 million to Baht 50 million by rights offering.
2016
Certified to ISO 9001: 2008 standard.
Designed and installed the E&M system for Green Line Project, 9 stations of Southern Extension (Bearing Station - Kheha Station), and 16 stations of North Extension (Mochit Station - Khu Khot Station), as well as for 2 depot workshop facilities (operating under Consortium)
2018
Was the first Thai company to implement the design, installation, and management of the entire system of Bangkok Gold Line (Krung Thonburi Station – Klong San Station) Phase 1 which is the first driverless train (Automated People mover (APM) in Thailand.
Jointly invested with the Regional Transit Cooperation Co., Ltd. with 10% shareholding to develop the business of secondary public transport services (Feeder Line) which are connected to the main transport system in Nonthaburi and Chiang Mai Province.
Developed the digital route map system (DRMS) and exhibited at the InnoTrans, International Trade Fair for Transport Technology in Berlin, Germany and currently being used in the Bangkok BRT.
Increased the registered capital from Baht 50 million to Baht 100 million by rights offering.
2019
Awarded the contract for design and installation of the SCADA, power rail, and building service for Pink Line and Yellow Line Monorails.
2020
Collaborated with RATCH Group Public Company Limited to develop business in the rail system, in response to the state policy to develop mass rapid transit and related industries in Thailand.
Signed the cooperation agreement with ITSEC (Thailand) Co., Ltd. to further develop cyber security business in Thailand to its growth and stability to universal standards.
Signed the cooperation agreement with Maejo University to develop new innovations and knowledge for the agricultural sector and digital society.
Signed the cooperation agreement with Thai Subcontracting Promotion Association and Choknamchai Hi-Tech Pressing Co., Ltd. in the development of feeder line system project, and encouraged Thai Team to develop the Thai Rail System for Thai people.
Increase registered capital from Baht 100 million to Baht 225 million by right offering.
2021
Signed the cooperation agreement with Prince of Songkla University, Patong Municipality, PZent Technology Co., Ltd., and Health Charter of Thai Association for Town Planning to develop Phuket into a smart green city for tourism and green transportation.
Conversion into the public limited company and name change to AMR Asia Public Company Limited
Conversion of par value of share from Baht 100 per share to Baht 0.50 per share
Increase of the registered capital by Baht 75 million from Baht 225 million to Baht 300 million by issuing 150,000,000 ordinary shares for capital increase at a par value of Baht 0.50 per share and approving the allocation of shares for initial public offering for a maximum of 150,000,000 shares at a par value of Baht 0.50 per share.
On 2 August 2021, started trading on the Thailand Stock Exchange for the first time
Signed a memorandum of understanding in “Production and Development of Personnel, and Research and Development of Innovative Technology on Rail System to support Rail Industry” to promote cooperation between 7 alliances, totaling 72 agencies, in supporting, promoting, and sharing resources for benefit of rail system development.
Was selected by the FTSE SET Index to be calculated in the MicroCap Group, an international securities index, effective from 17 December 2021.
Secured an employment contract for the project to change the aerial cable system to an underground cable for the Green Line Train on Sukhumvit Road (Soi Sukhumvit 81 – Soi Bearing), Section 1 (civil and electrical work)
Launched an electric motorcycle battery switching stations for supporting the EGAT Carbon Neutrality policy to reduce air pollution and PM 2.5 emissions from the transport sector.
2022
In January, the Company signed an employment contract for the extension of the Green Line Electric Train, which involved changing the cable system to an underground cable system.
In February, the Company secured a contract worth 13.2 million Baht for the installation of underground pipes and laying fiber cable on the Satun - Hat Yai route, covering a distance of 202 kilometers.
In March, the Company signed another employment contract worth 216 million Baht for the extension of the Green Line train, which involved changing the cable system to an underground cable system.
In April, the Company entered into an employment contract with King Mongkut's University of Technology North Bangkok (KMUTNB) for the development of three battery switching stations and nine kiosks.
In April, the Company granted educational funds for students who are committed to continue their study in vocational courses at the level of a high vocational certificate (High Voc. Cert.) in the field of railway transportation system control and maintenance techniques for 15 scholarships under the project "Pan Chang Sang Chart (Mechanic for the Nation).
In August, the Company also signed a cooperation agreement with AJ Advance Technology Public Company Limited (AJA) to study and develop the "MaCharge Platform" for electric motorcycles (EV Bike)
In September, the company was approved to proceed with the repurchase of shares with a maximum amount of 50 million Baht, which is a number of shares not exceeding 10 million shares or approximately 1.67% of the total number of shares sold.
In November, a contract was signed to hire personnel for the underground power line system replacement and extension project for the Purple Line railway, valued at 351 million Baht.
In November, a memorandum of understanding was signed with Eastern Pro Water Supply Co., Ltd. (EPW) to distribute raw water to industrial factories in the Eastern Economic Corridor (EEC) development zone.
In November, a memorandum of understanding was signed with TerraWatt Group Co., Ltd. (TSP), in which the company owns a 75% stake, to produce and distribute electricity.
In December, a contract was signed for the first phase of the power station control and protection system enhancement project, under the 2565 investment budget (additional), item 2 (Group 2) of the Provincial Electricity Authority (PEA) to hire contractors to improve the efficiency of the control and protection systems of the power station, valued at 87 million Baht.