Subsidiary Companies
Associate Companies

AAPICO AMATA COMPANY LIMITED [AA]
AAPICO Amata Company Limited’s main products are chassis frame of Isuzu D-Max pick-up truck model for Isuzu and axle housing complete for American Axle & Manufacturing. The Company is a wholly owned subsidiary of AAPICO Hitech PLC with a paid-up capital of Baht 800 million.
AAPICO ENGINEERING COMPANY LIMITED [AE]
AAPICO Engineering Company Limited focuses on CAE (Computer Aided Engineering), programming, engineering, consultancy, engineering design and engineering research & development. The Company is wholly owned by AAPICO Hitech PLC with paid-up capital of Baht 10 million.
AAPICO ENGINEERING SDN.BHD. [AEM] - Malaysia
AAPICO Engineering Sdn. Bhd. is set up for future business potential. Currently, it owns a showroom which is rented to Honda dealer in Malaysia. The Company has paid-up capital of RM 1 million and is jointly owned by New Era Sales (M) Sdn. Bhd. and Tenaga Setia Resources Sdn. Bhd., with equity participation of 51% and 49% respectively.
A ERP COMPANY LIMITED [AERP]
A ERP Company Limited is established to support the Oracle implementation for the AAPICO Group. The Company has paid-up capital of Baht 1.25 million and is owned by AAPICO Hitech PLC at 88% equity.
AAPICO FORGING PUBLIC COMPANY LIMITED [AF]
AAPICO Forging PLC manufactures automotive forged parts, such as parts in transmission system, power train system, steering and suspension system, engine parts, wheel hubs, etc. The Company is a wholly owned subsidiary of AAPICO Hitech PLC with a paid-up capital of Baht 500 million. Its main customers are Auto Alliance (Thailand), GKN Driveline (USA and Sweden), Dana Spicer, THK Rhythm (Thailand), NTN Manufacturing, and American Axle & Manufacturing.
AAPICO HITECH PUBLIC COMPANY LIMTED [AH]
AAPICO Hitech PLC was established in 1996 and listed on the Stock Exchange of Thailand in 2002. The Company’s main businesses initially were to design, produce, and install assembly jigs, stamping dies, and manufacture OEM auto-motive parts, including floor parts, cross members, pillars, brackets, clips, and fuel tanks. The Company has later progressed to produce plastic, forging, machining, and chassis frame components. In addition to its core operations, the Company has invested in other businesses associated with the automotive industry, namely car dealerships and car navigation system. As of today, the AAPICO Group is comprised of 37 subsidiary and associate companies (27 in Thailand and 10 overseas). The Company’s main customers are leading automotive assemblers in Thailand.
AAPICO HITECH PARTS COMPANY LIMITED [AHP]
AAPICO Hitech Parts Company Limited manufactures pressed and stamped automotive parts, such as floor parts, brackets, etc. for OEM automakers. The Company is a wholly owned subsidiary of AAPICO Hitech PLC with a paid-up capital of Baht 120 million. Its main customers are Nissan.
AAPICO HITECH TOOLING COMPANY LIMITED [AHT]
AAPICO Hitech Tooling Company Limited’s main businesses are the design and manufacture of assembly jigs and stamping dies. Its products are used to support the production of AAPICO Group and export to car automakers. Its customers include Volvo Truck Corporation Sweden, Volvo passenger cars in Malaysia, Renault Brazil, Auto Alliance (Thailand), Ford and Isuzu in Thailand. The Company is a wholly owned subsidiary of AAPICO Hitech PLC with paidup capital of Baht 65 million. Its factory is located at the Hitech Industrial Estate in Ayutthaya province.
AAPICO INVESTMENT PRIVATE LIMITED [AIPL] - Singapore
AAPICO Investment Private Limited was established with the purpose of carrying on transactions related to merger and acquisition. The Company has a paidup capital of SGD 6.97 million and is wholly owned by AAPICO Hitech PLC.
AAPICO ITS COMPANY LIMITED [AITS]
AAPICO ITS Company Limited’s business is to provide navigation system with traffic information in every platform. The Company’s main products are comprising of both software and map under the brand “POWERMAP”, as well as telematics, real-time services and data analytics services. With the expertise in Geographic Information System (GIS) services and the proven record of experience in the analysis of big traffic data, AITS embarks on the Smart Cities technology, which has shown a success in Singapore. The customer segments vary from individual, dealers, corporations and government sectors. The POWERMAP car navigation system is installed as the OEM products in Mitsubishi, Hyundai, Proton and MG cars. It is also marketed to all other major automotive brands through various brands of hardware, which can be found in accessories dealers, such as Blaupunkt, JVC, Zulex, etc., throughout the country.
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.
ABLE MOTORS COMPANY LIMITED [AM]
Able Motors Company Limited is a car dealer with sales and after-sales services for Mitsubishi vehicles. The Company has two showrooms and service centers located at Navanakorn in Pathumthani province and at Ladprao district in Bangkok. The Company is wholly owned by AAPICO Hitech PLC with paid-up capital of Baht 20 million.
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 PLASTICS PUBLIC COMPANY LIMITED [AP]
AAPICO Plastics PLC produces plastic parts for automotive and electronic industry including plastic fuel tank. Its main customers are Auto Alliance (Thailand), Ford, Thai Yamaha Motor and Asian Honda Motor. The Company is a subsidiary of AAPICO Forging PLC, a wholly owned subsidiary of AAPICO Hitech PLC, with registered and paid-up capital of Baht 150 million. It has two branches, located at Bangplee Industrial Estate in Samut Prakan province and at Amata City Industrial Estate in Rayong province.
AAPICO PRECISION COMPANY LIMITED [APC]
AAPICO Precision Company Limited is a subsidiary of AAPICO Forging PLC. The Company was established in 2014, with a paid-up capital of Baht 150 million, to focus on the automotive machined parts. Its main customers are GKN Driveline (USA and Sweden), Dana Spicer, and American Axle & Manufacturing.
AAPICO QI SDN. BHD. [AQI] - Malaysia
AAPICO QI Sdn. Bhd. was established in 2013 to consolidate the market of POWERMAP and GALACTIO car navigation system in Malaysia. POWERMAP as an OEM product, while GALACTIO as an aftermarket product installed in various hardware and marketed in most major automotive brands in Malaysia.
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.
AAPICO STRUCTURAL PRODUCTS COMPANY LIMITED [ASP]
AAPICO Structural Products Company Limited manufactures chassis frame for both new and old model of Isuzu D-Max pick-up truck. The Company is a wholly owned subsidiary of AAPICO Hitech PLC with a paid-up capital of Baht 200 million.
AAPICO TRAINING CENTER COMPANY LIMITED [ATC]
AAPICO Training Center Company Limited was established in 2014 with a purpose to organize training activities for employees of AAPICO Group. It is a wholly owned subsidiary of AAPICO Hitech PLC.
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.
KUNSHAN CHAITAI-XINCHENG PRECISION FORGING COMPANY LIMITED [KCX] - China
Kunshan Chaitai-Xincheng Precision Forging Company Limited is a wholly owned subsidiary of AAPICO Hitech PLC in China. The Company’s main business is to manufacture the automotive components such as engine connecting rod and copper parts such as electrical switch contactors. Its main customers are leading automotive assemblers in China such as SAIC, SAIC-GM-Wuling Automobile, Chery, etc., and Schneider Electric (China).
KATSUYA (THAILAND) COMPANY LIMITED [KT]
Katsuya (Thailand) Company Limited’s main products are surface treatment-water printing for plastic products and fabric flocking for automotive interior panels. The Company has paid-up capital of Baht 28.5 million and is jointly owned by AAPICO Hitech PLC and AAPICO Plastics PLC, with shareholding of 76% and 24% respectively.
NEW ERA SALES COMPANY LIMITED [NESC]
New Era Sales Company Limited is a car dealer with sales and after-sales services for Ford vehicles. The Company has two showrooms and service centers on Ramindra road, Bangkok and in Samut Prakan province. The Company is wholly owned by AAPICO Hitech PLC with paid-up capital of Baht 20 million.
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.
QUANTUM INVENTIONS PRIVATE LIMITED [QI] - Singapore
Quantum Inventions Private Limited is in the business of providing mobility intelligence to consumer, corporations and governments, leveraging on the integrated suite of mobility applications, enterprise logistics and analytics platform. AAPICO Hitech PLC has acquired 25% equity in Quantum Inventions Pte. Ltd., with its shareholding under the name of AAPICO Investment Pte. Ltd.
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.
TENAGA SETIA RESOURCES SDN. BHD. [TSR] - Malaysia
Tenaga Setia Resources 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 Petaling Jaya. The Company has paid-up capital of RM 6 million and is jointly owned by AAPICO Hitech PLC and YLN Enterprise Sdn. Bhd., with equity participation of 49% and 51% respectively.