Company Profile

BT Wealth Industries Public Company Limited (“BTW”) wholly owns Best Tech & Engineering Ltd. (“BTE”), a major offshore steel fabricator in Thailand.

BTE has engaged in steel fabrication business for project construction in various heavy industries, such as, mining, natural gas and petroleum, and power, in both domestic and international sites.

BTE steel fabrication can be categorized into 2 major products, Modularization and Parts Fabrication serving either Engineering Procurement and Construction (“EPC”) contractors or project owners.

In addition to core business, BTW has also invested in 1 other subsidiaries: Best Tech Industries Ltd. (“BTI”) to support future expansion of the steel fabrication business.

Vision

Strengthen balanced management and business operations. Increase the potential for long-term sustainable business operations by focusing on reducing production costs while maintaining the production of quality products and providing good service and after-sales service coupled with social and environmental responsibility.

Sustainability Mission and Strategy

Seek investment in projects with a decent return on investment and continuity of income to create opportunities and expand business.

Continuously improve the quality of service in order to create the maximum customers’ satisfaction.

Develop staff to be competent and efficient, support new technologies by managing and expanding business opportunities.

Promote good corporate governance and create a culture of responsible business practices.

Manage partners for opportunities and business growth together.

environmental impacts and promote cost-effective resource utilization.

BTW Group of Companies History

35 years in operation

1987

BTE was established with an initial registered capital of THB 2 million to conduct business of trading material, equipment and piping system for customers in natural gas and petroleum, power and other heavy industries.

Explore more
 

1995

Chachoengsao Workshop

The first factory has been constructed at Chachoengsao District, Chachoengsao Province for manufacturing piping system used in power plants.

2002

Changi Water Reclamation

BTE was awarded by 8 EPC contractors for parts fabrication works of Changi Water Reclamation Project in Singapore including coolant tanks, air receiver pressure vessels, hoppers, walkway structures and etc. with a combined contract value of SGD 23.1 million.

2008

Sattahip Workshops and Yards

The waterfront factory was constructed at Sattahip commercial port, Sattahip District, Chonburi Province to support steel fabrication of large-size modularization work.

Deaerator Module - Golar Winter Renovation of FSRU

Boiler Module - Peregrino FPSO

BTE was awarded by Aalborg Industries for modularization works of Golar Winter Renovation of FSRU (Floating Storage and Regasification Unit) Project and Pergrino FPSO (Floating Production Storage and Offloading) Project for a large-scale natural gas and petroleum drilling project in Brazil with a combined contract value of EUR 4.8 million.

2009

Lihir Gold Mine -MOPU

BTE was awarded by Robt Stone for modularization work of Lihir Gold Mine - Million Ounce Plant Upgrade Project under a large gold mine in Papua New Guinea with a contract value of AUD 8.6 million.

2011

2 BOI certificates were granted for Chachengsao Factory and Sattahip Factory with a main privilege of 8-year corporate income tax exemption for productions of machinery, equipment, parts and steel fabrication for construction or manufacturing industry or platform repair.

Conveyer Module

Train Load Out Module

BTE was awarded by 4 EPC Contractors, namely, RCR Resource, Laing O’Rourke Australia Construction, Terra Nova Technologies and Cimeco for modularization works of Ore Processing Facility, Crushing Hub, Conveyor, and Train Load Out under Solomon Iron Ore Project, a large iron ore mine in Australia with a combined contract value of USD 218.1 million.

2012

BT Wealth Industries Co., Ltd. was established with an initial registered capital of THB 5 million to conduct business of leasing machinery and equipment for steel fabrication work.

2014

Iron Ore Processing Plant

BTE was awarded by Samsung C&T Corporation for modularization work of Roy Hills Iron Ore Project, a large iron ore mine in Australia with a contract value of USD 105.6 million.

BTW increased its registered capital to THB 300 million and acquired 99.5% issued shares of BTE from its shareholders.

2015

BTW acquired 90% share in BTO to support the company’s future investment in solar power plant and/or renewable energy power plant.

BTI was established as a wholly owned subsidiary of BTW to support an expansion in steel fabrication business.

BTW has converted into a public limited company and increased its registered capital from THB 300 million to THB 378 million for the purpose of initial public offering (IPO).

BTW acquired 100% share in GCE to support the company’s future investment in solar power plant and/or renewable energy power plant.

2016

BTW has changed its share par value to THB 0.50 per share and reserved 156 million authorized common shares for IPO and listing on the mai stock market.

BTW expanded its scope of business to cover the provision of service as a power plant EPC Contractor

BTI was granted the investment promotion certificate for the Chachoengsao Workshop and the Sattahip Workshops and Yards to promote investment in the manufacturing of structures used for construction or industrial projects.

2017

Best Tech obtained a quality standard certificate of JIS - H Grade from Japan Steel-Fabrication Appraisal Organization (JSAO), a certified standard for the construction of steel structures for large buildings in Japan.

2018

Best Tech receives the transfer of privileges from the investment promotion certificates for Chachoengsao and Sattahip factories, to promote investment in the manufacture of steel structures for construction or industrial works, from BTI.

2019

The Extraordinary General Meeting of shareholders of Global Clean and BT Owl passed a resolution approving the dissolution of the business, which already registered to liquidate the business with the Ministry Commercial.

2020

Best Tech increased its registered capital by 2.2 million shares or THB 220.0M by selling to existing shareholders at the price of THB 100 per share, resulting in a total registered capital of 3 million shares or THB 300M.

2023

Best Tech increased its registered capital by 1 million shares or THB 100M by selling to existing shareholders at the price of THB 100 per share, resulting in a total registered capital of 4 million shares or THB 400M.

2024

Best Tech increased its registered capital by 1 million shares or THB 100M by selling to existing shareholders at the price of THB 100 per share, resulting in a total registered capital of 5 million shares or THB 500M.

Group of
Companies’ structure
Shareholder’s
Structure
Organization
Chart

Free Float As of 28/03/2024

Minor Shareholders (Free float) 3,650
% Shares in Minor Shareholders (% Free float) 52.18

 

Overview As of 28/03/2024 Rights Type : XM

Total Shareholders 3,768
% Shares in Scripless Holding 99.99

 

Rank Major Shareholders # Shares % Shares
1. Mr. Chotic Russamitinakornkul 168,900,000 22.34
2. Mrs. Siripond Satawin 93,623,900 12.38
3. Mr. Piyapat Russamitinakornkul 40,000,000 5.29
4. Mr. Pavanan Satawin 39,000,000 5.16
5. Mr. Sarun Satawin 36,000,000 4.76
6. Mr. Thanormsak Russamitinakornkul 20,000,000 2.65
7. Mr. Rujanan Satawin 19,200,000 2.54
8. Mr. Yuttasak Pornsopon 17,000,000 2.25
9. Ms. Suweena Chatmaneeroek 12,921,300 1.71
10. Ms. Pimsiri Mohprasit 12,000,000 1.59

Our People

 

Mr. Piya Suksri

  • Vice President, Finance and Accounting Division
Education
  • Master of Business Administration, General Administration (English Program)   Institute of International Studies, Ramkhamhaeng University
  • Bachelor of Business Administration, Major in Accounting   Ramkhamhaeng University

Training
  • Company Secretary Program (Class 91/2018) Thai Institute of Directors
  • Executive Development Program “EDP” (Class of Year 2016) Thai Listed Companies Association (TLCA)
  • Executive Coaching Program M.I.S.S. Consult
  • CFO Certification Program (Class 2008) Federation of Accounting Professions

Work Experiences
Year
Position
Company
December 2018 - January 2020
Head of Accounting & Finance
Inception Technology Co., Ltd.
December 2017 - October 2018
Chief Financial Officer
Thai Packaging Industry PCL
March 2017 - November 2017
Vice President of Accounting
Bangkok Ranch PCL
July 2012 - August 2016
Management Accounting Director
Minor Global Solutions Ltd
May 2007 - December 2011
Assistant Financial Controller
Global Architectural Co., Ltd
November 2006 - March 2007
Chief Accountant & Controlling
Valeo Siam Thermal Systems Co., Ltd.
Jan.1999 - November 2006
Senior Consultant
Deloitte Touche Tohmatsu Jaiyos Advisory Co., Ltd.
August 1994 - December 1998
Senior Auditor
Deloitte Touche Tohmatsu Jaiyos Audit Co., Ltd.
March 1994 - July1994
Accountant
Sansiri PCL

Mr. Sarawut Charuchinda

  • Chairman of Board of Directors
  • Member of Risk Management Committee
  • Independent Director
Education
  • Master of Business Administration in Finance, University of Mississippi, U.S.A.
  • Bachelor of Accountancy with Second-Class Honors, Chulalongkorn University

Training
  • Directors Certificate Program (DCP) in 2000, Thai Institute of Directors Association (IOD)
  • Advanced Audit Committee Program (AACP) in 2015, Thai Institute of Directors Association (IOD)

Work Experiences
July 2024 - Present
Chairman of Board of Directors / Member of Risk Management Committee / Independent Director
BT Wealth Industries Public Company Limited
2018 - Present
Director / Member of the Executive and Sustainable Development Committee / Member of the Corporate Governance and Risk Management Committee
Union Auction Public Company Limited
2018 - Present
Chairman of Board of Directors / Chairman of Risk Management
Assetwise Public Company Limited
2016 - Present
Chairman of Audit Committee / Independent Director
Chic Republic Public Company Limited
March 2019 - June 2024
Chairman of Risk Management Committee
BT Wealth Industries Public Company Limited
2016 - June 2024
Independent Director / Chairman of Audit Committee / Member of Nomination & Remuneration and Good Governance Committee
BT Wealth Industries Public Company Limited
2013 - January 2019
Chairman of Audit Committee
Thai Packaging Industry Public Company Limited
2012 - 2017
Independent Director / Member of Audit Committee / Member of Risk Management
Union Auction Public Company Limited
2012 - 2017
First Executive Vice President / Head of Commercial Lending Group
Kiatnakin Bank Public Company Limited

Mr. Chotic Russamitinakornkul

  • Vice Chairman of Board of Directors
  • Chairman of Executive Director
  • Member of Risk Management Committee
  • Chief Executive Officer
Education

Bachelor of Engineering, Chulalongkorn University


Training

Director Accreditation Program (DAP) in 2014, Thai Institute of Directors Association (IOD)


Work Experiences
Year
Position
Company
2022 - Present
Vice Chairman of Board of Directors
BT Wealth Industries Public Company Limited
2012 - Present
Director
Chairman of Executive Director
Member of Risk Management Committee
Chief Executive Officer
BT Wealth Industries Public Company Limited
1987 - Present
Director
Managing Director
Best Tech & Engineering Limited
2018 - Present
Deputy Director Research & Development Division (Acting)
Best Tech & Engineering Limited
1987 - 2018
Deputy Director Sales‐Marketing Division (Acting)
Best Tech & Engineering Limited
2015 - Present
Director
BT Metal Company Limited
2015 - Present
Director
Best Tech Industries Limited
2015 - Present
Director
Global Industrial Asset Limited
2015 - 2019
Director
Global Clean Energy Company Limited
2015 - 2019
Director
BT & Owl Solar 1 Limited

Mr. Sakda Hanbuntrong

  • Independent Director
  • Chairman of Nomination & Remuneration and Good Governance
  • Member of Audit Committee
Education
  • Master of Arts (Business Law), Chulalongkorn University
  • Bachelor of Laws, Chulalongkorn University

Training

Director Accreditation Program (DAP) in 2014, Thai Institute of Directors Association (IOD)


Work Experiences
Year
Position
Company
2014 - Present
Independent Director
Chairman of Nomination & Remuneration and Good Governance
Member of Audit Committee
BT Wealth Industries Public Company Limited
2013 - Present
Director
Mode Thai Company Limited

Mr. Suvit Manomaiyanon

  • Independent Director
  • Member of Audit Committee
  • Member of Nomination & Remuneration and Good Governance
Education

Bachelor of Business Administration, Sukhothai Thammathirat University


Training
  • Director Accreditation Program (DAP) in 2008, Thai Institute of Directors Association (IOD)
  • Finance for Non-Finance Director (FN) in 2007, Thai Institute of Directors Association (IOD)
  • Understanding the Fundamental of Financial Statements (UFS) in 2007, Thai Institute of Directors Association (IOD)

Work Experiences
Year
Position
Company
2014 - Present
Independent Director
Member of Audit Committee
Member of Nomination & Remuneration and Good Governance
BT Wealth Industries Public Company Limited
2011
Director
Senior Vice President & General Manager of Sales & Investor Relation Division
Toyo-Thai Corporation Public Company Limited

Mr. Thanin Kamthornthip

  • Vice President, Finance and Accounting Division
Education
  • Master of Business Administration in Finance, DePaul University, Chicago, Illinois, U.S.A.
  • Bachelor of Engineering (Mechanical), Chulalongkorn University

Work Experiences
Year
Position
Company
2015 – Present
Vice President, Finance and Accounting Division
BT Wealth Industries Public Company Limited
2014 – 2015
Vice President
Finance & Wealth Management Office
Magnolia Quality Development Corporation Limited
2008 – 2013
Vice President
Finance Department
Golden Land Property Development Public Company Limited

Mr. Piya Lalitwanichkul

  • Assistant Vice President ,
    Finance and Accounting Division - Finance
Education
  • Master of Business Administration in Finance, Thammasat University
  • Bachelor of Engineering in Electrical Engineering, Thammasat University

Work Experiences
Year
Position
Company
2016 - Present
Assistant Vice President
Finance and Accounting Division - Finance
BT Wealth Industries Public Company Limited
2015 - 2016
Finance Manager
Capital Engineering Network Public Company Limited
2013 - 2014
M&A Investment Division Manager
Masterad Public Limited Company
2011 - 2013
Senior Financial Analyst
Lear Corporation Southeast Asia Co., Ltd.

Ms. Jongkolnee Tansuvan

  • Vice Chairman of Board of Directors
  • Chairman of Audit Committee
  • Chairman of Risk Management Committee
  • Member of Nomination & Remuneration and Good Governance Committee
  • Independent Director
Education
  • Master Degree in Accounting, Thammasat University
  • Bachelor in Accounting, Thammasat University
  • High Certificate of Accounting Audit, Thammasat University

Training

Director Accreditation Program (DAP) in 2005, Thai Institute of Directors Association (IOD)


Work Experiences
Year
Position
Company
July 2024 - Present
Vice Chairman of Board of Directors / Chairman of Audit Committee / Chairman of Risk Management Committee / Member of Nomination & Remuneration and Good Governance Committee / Independent Director
BT Wealth Industries Public Company Limited
July 2023 - Present
Advisor Finance & Administrative Division
ASEAN Potash Chaiyaphum Public Company Limited
March 2019 - June 2023
Advisor (Finance and Accounting)
TRC Construction Public Company Limited
May 2021 - June 2024
Member of Audit Committee
BT Wealth Industries Public Company Limited
December 2019 - June 2024
Independent Director / Member of Risk Management Committee / Member of Nomination & Remuneration and Good Governance Committee
BT Wealth Industries Public Company Limited
January 2016 - February 2019
Acting Vice President Finance & Admin. Division
ASEAN Potash Chaiyaphum Public Company Limited
October 2014 - December 2015
Acting Vice President Finance & Admin. Division
TRC Construction Public Company Limited
November 1993 - March 2014
Deputy Managing Director / Director / Finance and Accounting Manager
Thai Rotary Engineering Public Company Limited
May 1991 - October 1993
Finance and Accounting Manager
KSS Engineering Company Limited
May 1987 - April 1991
Auditor
SGV Arthur Andersen & Co, S.C.

Mr. Ekawat Swetarat

  • Member of Audit Committee
  • Member of Nomination & Remuneration and Good Governance Committee
  • Independent Director
Education
Work Experiences
Year
Position
November 2024 - Present
Member of Audit Committee / Member of Nomination & Remuneration and Good Governance Committee / Independent Director
BT Wealth Industries Public Company Limited
2022 - Current
Motor Claims Manager
Thaivivat Insurance PLC
2017 - 2019
Deputy MD / EVP
Advanced Connection Corporation PLC
2015 - 2019
Executive Director
ACC Landmark Co., Ltd
2015 - 2019
Executive Director
Saraburi Solar Co., Ltd .
2013 - 2019
Executive Director
C.E.I. Chiangmai Co., Ltd.
2011 - 2013
Business Development Manager
General Service Commerce Services Co., Ltd.

Mr. Piyapat Russamitinakornkul

  • Director
  • Executive Director
Education
  • Masters of Business Administration, National University of Singapore
  • Bachelor of Engineering (Software Engineering), King Mongkut’s Institute of Technology Ladkrabang

Training

Director Accreditation Program (DAP) in 2023, Thai Institute of Directors Association (IOD)


Work Experiences
Year
Position
Company
November 2023 - Present
Director
Executive Director
BT Wealth Industries Public Company Limited
July 2023 - Present
Director
Best Tech & Engineering Limited
July 2023 - Present
Director
Best Tech Industries Limited
May 2022 - Present
Management Trainee
Best Tech & Engineering Limited