Business Overview
Chayo Group Public Company Limited and its subsidiaries operate the service of tracking and collecting of non-performing loans. Core businesses are categorized into 5 main services comprise of investing and managing non-performing loans, debt tracking and collection services, customer service, money lending business, and selling online via digital channels and customer service.. The company has experience and expertise in debts tracking and collection services for 20 years, prior to entering in investing and managing non-performing loans in 2014. Later, the company has expanded to provide the customer service center to better serve the customer.
1997
Established
The company was established under the name of Khien and Clay Company Limited
2018
Listing
In MAI stock exchange on 22 March 2018
2020
Move to SET on 25 December 2020
5
Subsidiaries
Chayo Asset Management Company Limited Chayo Property and Services Limited
Chayo Capital Company Limited
555 Shopping Company Limited
Chayo JV Asset Management Company Limited
Background and Development
March
11 March 1997
The company was established under the name of Khien and Clay Company Limited with 3 million baht capital on 11st March 1997 to operate services under section 69100 prescribed by the Department of Business Development, Ministry of Commerce with the objectives to service tracking and collections of debts.
- Performed asset due diligence for Small and Medium Enterprise Development Bank of Thailand. (SME Bank)
- Obtained license number 2967 from Ministry of Finance to operate debt and asset management service. (2 years in a term)
December
1 December 2015
1st December 2015, changed name to Chayo Group Company Limited (CHAYO) to operate services under section 69100 prescribed by the Department of Business Development, Ministry of Commerce with the objective to service tracking and collections of debts, and lawyer service.
23 December 2015
Business restructured by consolidated business which were under supervised through purchased ordinary shares of Chayo AMC also Chayo Call Center on the 23rd December 2015.
May
11 May 2017
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The company was converted into a public limited company, a juristic person under Civil and Commercial Code B.E. 2535 and changed its name to Chayo Group Public Company Limited on 11st May 2017
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Registered for capital increase of 70.00 million baht on 11th May 2017, as a result, Chayo Group Public Company Limited has registered capital of total of 280.00 million baht, comprising of 210.00 million baht of Issued and paid-up capital, and 70.00 million baht of unpaid capital.
Changed the share’s par value and undergo a stock split, from 21,000,000 shares with par value of 10.00 baht to 420,000,000 shares with par value of 0.50 baht
March
22 March 2018
On the 22nd March 2018, the company registered in Market for Alternative Investment (MAI) also began trading in stock market.
September
14 September 2018
On the 14th September 2018, Chayo Capital Company Limited (Subsidiary Company) was established. The objective of this subsidiary company was lending business (Nano Finances and Personal Loans) beneath the 70% of holding stocks from Chayo Group Company Limited.
December
In the year 2019, the company was able to buy additional debt for management in the amount of 13,906 million baht by spending the investment in non-performing loans in the amount of 643.97 million baht and the income from the company's debt tracking and collection services in 2019 grew more than 48 percent compared to the year 2018.
3 December 2019
On the 3rd December 2019, the company registered capital increase with the Department of Business Development, Ministry of Commerce by issuing ordinary shares of 15.00 million baht, registered capital in total of 315.00 million baht on the 3rd December 2019.
In the year 2020, the Company was able to buy additional debt for management in the amount of 15,500 million baht by spending the investment in non-performing loans in the amount 625 million baht and collection services in 2020 grew more than 50 percent compared to the year 2019.
May
29 May 2020
Set up a new subsidiary or “555 Shopping Company Limited (555 Shopping Co., Ltd.)” for selling goods and/or services through call center and/or related channels
October
1 October 2020
The Company duly registered the increase to THB 468,298,721.50 by issuing 27,299,910.50 newly issued ordinary shares
December
25 December 2020
Moving CHAYO from Market for Alternative Investment (mai) to the Stock Exchange of Thailand (SET)
Vision
Expertise in managing secured and unsecured non-performing loans professionally, for customers, and key stakeholders
Mission
Professional management abided by Law and Debt Collection Act.
Promote and protect positive image of customers and stakeholders.
Lead by systematic marketing and completed execution.
Managing assets with integrity and providing best solutions to debtors at all time.