Global Connections (GC) was established with an initial registered capital of 2 million Thai Baht (THB) on September 27th 1994.
GC was appointed to be the distributing agent of Bangkok Polyethylene Plc. for HDPE products and increased its registered and paid-up capital to 5 million THB.
GC was appointed to be the distributing agent of SCG Plastics Co., ltd. (formerly CCC Chemical Commerce Co., ltd., a subsidiary owned 100 percent by Siam Cement Plc.) started at rank 17th for sale’s ranking. GC was also appointed to be the distributing agent of Eastman Chemical, which was the start of specialty product trading. After GC was appointed by Eastman, GC received many offers from world-class suppliers. GC increased its registered and paid-up capital to 10 million THB.
GC increased its paid-up capital to 20 million THB to support the company’s expansion. GC was appointed to be the distributing agent of Dupont Engineering Polymers which was the world’s largest producer of Polyamide66 or Nylon 66. GC was also appointed to be the distributing agent for Chi Mei Corporation, the world’s largest manufacturer of the ABS
GC was appointed to be the distributing agent of Ciba Specialty Chemical, world’s class producer of additives chemical for plastic industry. GC was also appointed to be the distributing agent of Owen Corning Australia PTY, producer of glass fiber. In the same year, GC increased its paid-up capital to 30 million THB.
GC was appointed to be the distributing agent of Siam Polystyrene (Thailand) Co., ltd. (Dow Chemical Thailand, world class chemicals and plastics producer), and Cabot Plastics Hongkong Ltd, world’s largest manufacturer of Carbon black and black masterbatches. GC increased its paid-up capital to 50 million THB and had a sale revenue over Million 500 THB for the first time.
GC was appointed to be the distributing agent of Advance Elastomer Systems (AES), the world’s largest manufacturer of rubber mixed PP. AES is now a subsidiary of Exxon Mobil. GC expands its financial resource from 3 to 6 commercial banks to facilitate the increase in customers. GC has a 57% increase in total sale, from 542 million THB in 1999 to 846 million in 2000.
GC increased its paid-up capital to 80 million THB to support the company’s expansion. GC had the total sale revenue of 1,116 million THB, first time reaching 1 billion THB in revenue.
GC increased its paid-up capital to 100 million THB and moved its warehouse to Kingkaew road. The move was strategic as it shortened the supply chain and reduced shipping costs for our customers. GC was also appointed to be the distributing agent of Thai Plastic and Chemical Plc., the biggest PVC producer in Southeast Asia.
GC was appointed to be the distributing agent of Rio Tinto Mineral Asia Pte, Ltd; Exxon Mobil, the largest petrochemical producer in the world. GC moved the headquarters to Kingkaew road, the same location as our warehouse to facilitate the operation. The company paid dividends 78 million THB and increased its paid-up capital to 155 million THB. Gc has its first Annual General Meeting of Shareholders in November of this year.
In March, GC transformed into a public company limited and increased its paid-up capital to 200 million THB. GC also changed its par value from 100 to 1 THB per share with the intention to implement an IPO of 45 million shares. (1.1 million shares for ESOP at 1.03 THB per share and the remaining 43.9 million shares for IPO). “GC” common stock was IPO and listed in The Stock Exchange of Thailand on December 6th 2005.
GC was appointed to be the distributing agent of Nanocor Inc., a producer of chemical additives. GC was also appointed to be the distributing agent of BASF Catalysts LLC, (formerly named Engelhard corporation), a producer of catalyst products.
GC signed a financial support for dealer contract with KasikornThai Bank in K › Dealer Financing Project on June 6th, 2007. This financial support will also be given to GC’s suppliers for current credit line to help increase efficiency for financial management. GC celebrated its 10th Anniversary Strategic Partnership with DuPont on September 13th 2007 at Sukhothai Hotel.
GC arranged a seminar: “Metal & Glass Replacement” with Dupont, Eastman, and Dainippon Ink and chemicals Incorporated (DIC) at GC’s meeting room. GC invited our customers and interested individuals from the automotive industries, packaging industries, packaging industries, E/E industries and sporting goods industries GC was appointed to be the distributing agent of DIC for PPS (Polyphynielene Sulfide), which is the raw material that can be used to replace metal in automotive and electricals/electronics industries.
GC was appointed to be the distributing agent for additive chemical of AKZO NOBEL POLYMER CHEMICALS BV., a subsidiary of AKZO NOBEL group in the Netherlands.
GC was appointed to be the distributing agent of BST Elastomers Co., Ltd. for Polybutadiene Rubber and Styrene Butadiene Rubber. GC terminated agency agreement of BASF due to an overlap in some product group.
GC was appointed to be the distributing agent of Timcal Ltd. for Graphite product, an additive for polymer. GC was also appointed to be the distributing agent of Miliken Chemical for polyethelene and polypropylene additives. GC was also appointed to be the distributing agent of Imerys Mineral, a producer for Talcum product from France. Imerys Mineral has 117 mines which covers more than 30 kinds of minerals. Imerys Mineral acquired Talcum business from Rio Tinto Mineral in August 2011.
GC ended its role as a distributor for SCG Plastics Co., Ltd. GC substituted SCG products with products from GC Marketing Solutions Company Limited (GCM), formerly PTT Polymer Marketing Company Limited (PTTPM) (PTT Group). GC was appointed to be the distributor of GC Marketing Solutions Company Limited (GCM), formerly PTT Polymer Marketing Company Limited (PTTPM), effective from July 1st, 2012.
GC underwent management and structural shareholder changes with the retirement of former director Mr. Siri Thirawattanawong, who expressed a desire for early retirement effective October 1st, 2013.
On March 31, 2014, GC signed an agreement with Technogreen Company Limited for product and market development of new innovative biodegradable and environmentally friendly Products. The products, under the brand Micro-Nice include bio-surfactant for descaling, oil cleaning, deodorize products, and household cleaning products. These products are produced from botanical liquid, making it more environmentally friendly. Via the Micro-Nice product line, GC is engaging in responsible and sustainable business development by utilizing and developing environmentally sustainable products. On September 9th, 2014, GC was granted privileges by the Board of Investment relating to business type 7.12 International Procurement Office (IPO) document no. 2109/2014
Assoc. Prof. Chawalee Pongpatirochna resigned from her roles as director, membership in the audit committee, and independent director of GC for health reasons. The Board of Directors appointed Mr. Thanee Puttipanpluck to fulfill those roles, effective January 1st, 2016.
On June 15, 2016, GC invested in a solar photovoltaics (PV) rooftop project with a capacity of 114.35 kWp. GC has a 23 years duration power purchase agreement (PPA) with Metropolitan Electricity Authority (MEA).
On November 10th, 2017, GC received certified membership of the Collective Action Coalition Against Corruption (CAC) for engaging in fair market practices, such as corporate transparency, offering quality products, and competitive pricing. The CAC is supported by Government and the National Anti-Corruption Commission (NACC). CAC is comprised of 8 independent leading corporations: Thai Institute of Directors (IOD), the Foreign/Thai Chamber of commerce, the Thai Listed Companies Association, the Thai Bankers Association, the Federation of Thai Capital Market Organizations, the Federation of Thai Industries, and the Tourism Council of Thailand. GC was rated “Excellent” by the Corporate Governance of Listed Companies survey by the Thai Institute of Directors (IOD), and received “an Outstanding Investor Relations Award” for listed companies worth less than 3 Billion THB in the Stock Exchange of Thailand (SET) for the year 2017.
On October 5th, 2018, GC received an innovation organization award 2018 by being a corporation which continuously supports innovation for sustainable growth at EH 98, Bangkok International Trade & Exhibition Centre. The Company has been rated "Excellent" from the Corporate Governance of Listed Companies survey by the Thai Institute of Directors (IOD) twice in a row in year 2017 and 2018.
The Company has been rated “Excellent” from the Corporate Governance of Listed Companies survey by the Thai Institute of Directors (IOD) third since 2017. Dr. Pisit Leeahtam requested to resign from Director, Chairman of Audit Committee, and Independent Director of the Company. The Board of Directors has appointed Mr. Chanitr Charnchainarong as Director, Audit Committee, Independent Director and Mr. Thanee Puttipunpluck as Chairman of Audit Committee effective on 9th August 2019. The company received the Excellence Awards and was a nomination for the Investor Relations Awards for listed company worth less than 3,000 Million Baht in the SET Awards 2019 on 26th November 2019. The company has created the Employee Joint Investment Program (EJIP) since 1 January 2019 to 31 December 2021.
The Company invests for the new warehouse that has about 4,500 m2 for increase the capacity of storage more than 3,300 Tons.
The Company has been renewed the membership of Collective Action Coalition Against Corruption: CAC The certification renewal will be effective for three years, starting from September 30th, 2020 onwards.
Mr.Thanee Puttipunpluck requested to resign from Director, Chairman of Audit Committee, and Independent Director of the Company on 11 Nov 2021. The Board of Directors has appointed Mr.Virah Mavichak as Audit Committee effective on 1 Jan 2022.
The company has created the Employee Joint Investment Program#2 (EJIP#2) since 1 January 2022 to 31 December 2024.
The company has carried out a registration of changes in the par value of its stocks with the Department of Business Development under the Ministry of Commerce, in order to improve the suitability of the company's stock liquidity. As a result, the par value of the stocks has been changed from 1 baht per share to 0.50 baht per share. The number of ordinary shares has also changed from 200,000,000 shares to 400,000,000 shares.
The company has increased its registered capital by 20,000,000 baht from the previous registered capital of 200,000,000 baht to a new registered capital of 220,000,000 baht. This was done by issuing 40,000,000 new ordinary shares with a par value of 0.50 baht per share to support the payment of dividends in the form of ordinary shares.
The company has been appointed as a distributor for Celanese Pte Ltd. for thermoplastic vulcanizate (TPV) products, and has also been appointed as a distributor for Magris Talc USA, Inc.
The board of directors of the company passed a resolution at the 4th/2022 board of directors meeting on November 9, 2022 to appoint a risk management and sustainability committee.
The Company has been rated “Excellent” from the Corporate Governance of Listed Companies survey by the Thai Institute of Directors (IOD) froth since 2017 (totally 6 years)
The company received 100 scores in AGM assessment for AGM 2022 which was assessed by Thai investor association.