Subsidiary Companies
Associate Companies

AAPICO LEMTECH (THAILAND) COMPANY LIMITED [AL]
AAPICO Lemtech (Thailand) Company Limited is a joint venture between AAPICO Hitech PLC and Lemtech Holding of Taiwan with equity participation of 60% and 40% respectively. Its main business is to manufacture high speed OEM automotive pressed parts and electronic parts. Major customers are Edscha AAPICO, Fujikura Electronics and LDC Precision.
AAPICO MITSUIKE (THAILAND) COMPANY LIMITED [AMIT]
AAPICO Mitsuike (Thailand) Company Limited is a joint venture between AAPICO Hitech PLC and Mitsuike Corporation of Japan with equity participation of 51% and 49% respectively. The Company was established to focus on engineering and marketing of pressed parts for sales to Nissan. The Company has paid-up capital of Baht 33 million.
AAPICO SODECIA (THAILAND) COMPANY LIMITED [ASD]
AAPICO Sodecia (Thailand) Company Limited is a joint venture of 50% equity each between AAPICO Hitech PLC and Sodecia (Thailand) Company Limited, a wholly owned unit of Sodecia SGPS S.A. of Portugal. The Company’s main businesses are to develop the business activities of chassis cradles for passenger cars, cross car beams and welded assemblies for Body in White (BIW). It was registered with a capital of Baht 120 million.
ABLE SANOH INDUSTRIES (1996) COMPANY LIMITED [ASICO]
Able Sanoh Industries (1996) Company Limited is the manufacture of brake lines, fuel lines, and engine parts for automotive assemblers in Thailand. Its main customers are Toyota, Auto Alliance (Thailand), Honda, Mitsubishi and Nissan. Major shareholders are AAPICO Hitech PLC and Sanoh Industrial (Japan) with equity participation of 46% and 51% respectively.
ABLE SANOH INDUSTRIES (1996) COMPANY LIMITED [ASICO]
Able Sanoh Industries (1996) Company Limited is the manufacture of brake lines, fuel lines, and engine parts for automotive assemblers in Thailand. Its main customers are Toyota, Auto Alliance (Thailand), Honda, Mitsubishi and Nissan. Major shareholders are AAPICO Hitech PLC and Sanoh Industrial (Japan) with equity participation of 46% and 51% respectively.
EDSCHA AAPICO AUTOMOTIVE COMPANY LIMITED [EA]
Edscha AAPICO Automotive Company Limited is a joint venture between AAPICO Hitech PLC and Edscha Holding GmbH of Germany, with equity of 49% and 51% respectively. It has registered capital of Baht 40 million. The Company’s main business is the manufacturing, development, assembly and sales of automotive parts of high quality door, hood, trunklid and liftgate hinges and door checks (Hinge Systems) and parking brake levers and pedal boxes (Driver controls). Its main customers are Auto Alliance (Thailand), Isuzu, General Motors and Mitsubishi.
HYUNDAI MOTOR (THAILAND) COMPANY LIMITED [HM]
Hyundai Motor (Thailand) Company Limited is a sole distributor responsible for manufacturing, marketing, sales and after-sales service for both CKD and CBU model of Hyundai cars in Thailand. The Company has paid-up capital of Baht 550 million and is jointly owned by AAPICO Hitech PLC and Sojitz Corporation, with equity participation of 30% and 70% respectively.
JACKSPEED CORPORATION LIMITED [JCL] - Singapore
Jackspeed Corporation Limited is a company listed in the stock exchange of Singapore with paid-up capital of SGD 21.8 million. Its main business is to manufacture leather seats and accessories for the automotive industry.
MINTH AAPICO (THAILAND) COMPANY LIMITED [MA]
Minth AAPICO (Thailand) Company Limited’s main businesses are to design, produce, and sell automotive components including door sash, trim parts, decorative parts and roof racks. It is a joint venture between AAPICO Hitech PLC and Minth Group (China), with equity participation of 40% and 60% respectively. The Company has paid-up capital of Baht 378.5 million. Its main customers are Isuzu, Nissan, General Motors and Ford (India and Thailand).
NEW ERA SALES (M) SDN. BHD. [NESM] - Malaysia
New Era Sales (M) Sdn. Bhd. is a car dealer providing sales and after-sales services for Honda cars in Malaysia. Its showroom and service center is located in Kajang area. The Company has paid-up capital of RM 1.5 million and is owned by AAPICO Hitech PLC and Tenaga Setia Enterprise Sdn. Bhd., with equity participation of 49% and 51% respectively.
SUMINO AAPICO (THAILAND) COMPANY LIMITED [SA]
Sumino AAPICO (Thailand) Company Limited is a joint venture between AAPICO Hitech PLC and Sumino Kogyo of Japan, with equity participation of 49% and 51% respectively. The Company’s main products are precision press welding parts of medium and small articles of cars. The Company was established initially to support the business expansion in Thailand of its main customer, Mazda Motor Corporation. It has registered capital of Baht 200 million and its factory is located at Amata Nakorn Industrial Estate in Chonburi province.
SANOH INDUSTRIES (THAILAND) COMPANY LIMITED [SI]
Sanoh Industries (Thailand) Company Limited produces Fulton brazed steel tubing for major OEM automakers both domestic customers and export to ASEAN countries. The Company has paid-up capital of Baht 146.25 million and 20% of its shares are held by AAPICO Hitech PLC.
THAI TAKAGI SEIKO COMPANY LIMITED [TTSC]
Thai Takagi Seiko Company Limited’s business is to produce plastic molding and plastic parts for customers in automotive industry, such as Thai Suzuki Motor, Suzuki Motor (Thailand), Kawasaki Motors Enterprise (Thailand), Thai Honda Manufacturing and Keihin (Thailand). The Company is jointly owned by AAPICO Hitech PLC, Takagi Seiko Corporation and Sojitz Management (Thailand) Co., Ltd., with equity participation of 49%, 49% and 2% respectively.