Milestones & Awards
AWARDS
ACHIEVEMENTS
1985
Registered Able Autoparts Industries Company Limited and started as Ford assembler and distributor.
1997
Completed the first AAPICO factory at Hitech Industrial Estate, Ayutthaya, and established the first Joint Venture with Sanoh Japan named Able Sanoh Industries (1996) Co., Ltd.
2002
Listed on the Stock Exchange of Thailand.
2003
Purchased a company from Dana Corporation USA and renamed it AAPICO Amata Co., Ltd.
2004
Expanded to China by acquiring Kunshan Chaitai-Xincheng Precision Forging Co., Ltd.
2005
Established strategic partnership with Sojitz Corporation Japan.
2006
Established AAPICO Hitech Parts Company Limited, invested in AAPICOITS Co., Ltd., a car navigation company with 60% equity holding, and engaged a strategic joint venture with Mitsuike Corporation Japan with 51% equity holding locating at Hitech Industrial Estate, Ayutthaya.
2007
Acquired KPN PLC and renamed it AAPICO Forging PLC and AAPICO Plastics PLC. Entered technical agreement with Edscha Germany for manufacture of door check, hinge, and parking brake
2008
Established a joint venture with Minth Corporation China.
2009
Established AAPICO Structural Products Co., Ltd. in Amata Nakorn Industrial Estate for chassis frames.
Awards & Achievements
AAPICO Hitech PLC
ASEAN Automotive Award 2008: Most Promising Car Navigation Software
AAPICO Hitech PLC
ASEAN Automotive Award 2008 :Automotive Component Manufacturer
AAPICO Hitech PLC
Mould & Die Award
AAPICO Hitech PLC
TPS Leader: Champion
AAPICO Hitech PLC
TPS Award: Champion
AAPICO Hitech PLC
Cost Reduction Award
AAPICO Hitech PLC
Safety Award
AAPICO Hitech PLC
TPS Award: Champion
AAPICO Hitech PLC
Toyota Performace Supplier: Champion Cost Reduction
AAPICO Hitech PLC
QA Activity Award: Champion
AAPICO Hitech PLC
TPS Award: Champion
2010
- Celebrated the 25th Anniversary and commenced operations of AAPICO 2nd factory in Rayong.
- Established JV with Takagi Seiko (Japan)
2011
Completed the construction of 3S showroom for Honda dealers in Petaling Jaya and Kajang, Malaysia.
2012
Started operations at the new 20,000 square meters factory in China.
2013
Established 4 joint venture companies with Lemtech Holding (Taiwan), Edscha Holding (Germany), Sumino Kogyo (Japan), and Sodecia SGPS (Portugal)
2014
- Expanded into car navigation business via cooperation with Quantum Inventions (Singapore)
- Established AAPICO Training Center Co., Ltd. to manage overall trainings for AAPICO Group.
2015
- Initiate the “TURBO” policy with target of double sales and 10% net profit margin.
- Reorganized non-core business operations in Papago (Thaialnd), Katsuya, and A Maction.
- Be the first AUTO company to achieve TRIS rating and issue corporate debenture with BBB+ rating.
2016
- Established AAPICO Venture Co., Ltd. to explore opportunities in the start-up businesses and invested in 11.9% holding of Smoothlane Co., Ltd.
- Announced the Stock Repurchase Program.
- Achieved a 4-star CG level.
2017
- Acquired 25.1% of Sakthi Global Auto Holding Limited (SGAH) (UK) and form a strategic partnership with Sakthi Group to expand the automotive part business globally.
- Disposed 14.95% equity holding in Jackspeed Corp.
- Sojitz signed MOU to transfer all of its shares to major shareholders.
- Announced the resale of Share Repurchase on SET.
- Divested 25% equity holding in Quantum Inventions Pte. Ltd. (QI) in Singapore and its 60% equity holding in AAPICO QI SDN. BHD. to Continental Automotive Holding Netherlands BV due to the reason that QI’s founders and major shareholders – who were not related parties to the Company – were all in favor of disposing QI to Continental.
2018
- Acquired 20.36% equity in Nuro Technology Inc. (Taiwan).
- Established JV with VINFAST to set up press shop and assembly plant to produce body-in-white parts for VINFAST vehicles in Vietnam.
- Acquired 24.89% additional equity of Sakthi Global Auto Holdings Limited (SGAH) to support and strengthen the partnerships to growing business in the global market.
2019
- Acquired 100% equity of Sakthi Global Holding Limited (SGAH) following appropriation of the security over the remaining of 50.01% shares of SGAH owned by ABT Auto Investment Limited.
- Acquired 100.00% shares of AAPICO Maia, S.A. (Portugal) and two subsidiaries, namely AAPICO Águeda, S.A. (Portugal) and Sakthi Portugal GmbH (Germany).
- Established Vroom Company Limited with registered capital of Baht 1 million and a shareholding of 100%. In December 2019, Vroom increased its registered capital to Baht 100 million. As a result, the Company’s shareholding decreased from 100% to a 40% joint venture of the Company, distributing and retailing of KTM, Husqvarna and Bajaj
- AAPICO Hitech PLC sold its shares in Aapico Vinfast Auto Parts Co., Ltd. (AVAP), a 51% joint venture of the company to Vinfast Trading and Production LLC
- Established Aapico Motors Sdn. Bhd., Proton car dealership in Malaysia.
- Established Able Motors Pakkret Co., Ltd. and Able Motors Pathumthani Co., Ltd., Mitsubishi car dealership in Thailand
Awards & Achievements
AAPICO Structural Products Company Limited
Silver Level for 1st year
Zero Accident Campaign 2019
AAPICO Amata Company Limited
Bronze Level 1st Year
Zero Accident Campaign 2019
New Era Sales (M) SDN. BHD.
2018 Elite Dealer Award
CEO Awards from Honda Malaysia for 5 consecutive years
Tenaga Setia Resources SDN. BHD.,
Top 3 Body & Paint Award
CEO Awards from Honda Malaysia for 5 consecutive years
Tenaga Setia Resources SDN. BHD.,
Top 4 Sales Award
CEO Awards from Honda Malaysia for 5 consecutive years
AAPICO Precision Co., Ltd.
Q1 Award
From Auto Alliances (Thailand) Co., Ltd.
AAPICO Hitech PLC
The 1st Runner up
2018 TCC TPS Activity from Toyota
AAPICO Structural Products Co., Ltd.
The Best in Quality-Cost-Delivery (QCD) and The Winner of LRP Project Group A
From Isuzu Motors (Thailand) Co., Ltd.
AAPICO Structural Products Company Limited
The Winner of 2016FY and the Best in Delivery
ISUZU Award
AAPICO Hitech Public Company Limited
Ford Best Supplier Award 2017
AAPICO Hitech Public Company Limited
Supplier Quality Excellence Award
From General Motors
AAPICO Hitech Public Company Limited
Q Award
Excellent Status Recognition from Auto Alliances
AAPICO Hitech Public Company Limited
Certificate of Appreciation
From Toyota Co-operation Club
New Era Sales (Malaysia) SDN. BHD.
Elite Dealer 2017 Award
For excellence performance from Honda Malaysia
New Era Sales (Malaysia) SDN. BHD.
2017 Top Accessories Sales Award
From Honda Malaysia
Tenaga Setia Resources SDN. BHD.
2017 Top Sales Award
From Honda Malaysia
AAPICO Structural Products Company Limited
Zero Accident Award – Bronze Level
From Department of Labor Protection and Welfare, Ministry of Labor.
AAPICO Precision Public Company Limited
The Amata Best Waste Management Award 2017
Silver Level
AAPICO Hitech Public Company Limited
Green Industry Certificate
For environmental management and continuous improvement
AAPICO Plastics Public Company Limited
Good Canteen Food Sanitation Standard of Health Department
AAPICO Structural Products Co., Ltd.
ISUZU Certificate of Achievement for Quality and Delivery
AAPICO Precision Company Limited
ISUZU Certificate of Achievement for Quality and Delivery
AAPICO Plastic Public Company Limited
ISUZU Certificate of Achievement for Quality and Delivery
AAPICO Hitech Public Company Limited
GM ASEAN Supplier Quality Excellence Award
APICO Plastic PLC Bangpli
Siam Calsonic 20th Anniversary Exclusive Thank You Award
for the best supplier of Siam Calsonic for over 20 years
AAPICO Hitech Public Company Limited
Toyota Co-Operation Club: TPS In-House Improvement Activity 2016
Tenaga Setia Resources SDN. BHD.
Top 5 Sales Award
Honda CEO Award
New Era Sales (M) SDN. BHD.
2016 Elite Dealer
Honda CEO Award
Tenaga Setia Resources SDN. BHD.
2016 Elite Dealer
Honda CEO Award
AAPICO Plastic PLC Bangpli
Zero Accident (Silver shield)
no accident at work for 8 million working hours from 2013 to 2016.
AAPICO Hitech Public Company Limited
NIA Total Innovation Management Award 2016
For being an innovative organization
AAPICO HITECH PCL
MATRADE Special Award
For the recognition of their International Partnership.
AAPICO HITECH PCL
the 1st Runner Up
For QA improvement from Toyota Co-operation Club for their commitment to quality improvement
AAPICO Plastics PCL
Q1 Award
For the recognition in excellent quality, 100% on-time delivery, and continually improvement
AAPICO Plastics PCL
The Winner of Grand Prix A-ABC Convention
From Mazda and Auto Alliances (Thailand), and was invited to present their performance in Japan
AAPICO HITECH PCL
The Winner of Advance Group
at TCC-TPS Activity 2015
Kunshan Chaitai-Xincheng Precision Forging Co., Ltd
Outstanding Contribution Supplier
Tenaga Setia Resources SDN. BHD
Honda CEO – Elite Dealer 2015 Award
For their excellent performance
Tenaga Setia Resources SDN. BHD.
Honda CEO – Top Sales 2015 Award
The top 5 dealers with the highest sales in 2015
New Era Sales (Malaysia) SDN. BHD.
Honda CEO – Elite Dealer 2015 Award
For their excellent performance
AAPICO Plastics PCL
Zero Accident Award
Department of Labor Protection and Welfare, Ministry of Labor
AAPICO Hitech PLC and AAPICO Forging PLC
Q1 Award
For the recognition in zero “0” PPM quality, 100% on-time delivery and continually improvement
AAPICO Hitech PLC
GM Excellent Culture and Strategic Award and GM Supplier Quality Excellence
AAPICO Hitech PLC
The Winner” in advance group at TCC-TPS Activity 2014
Tenaga Setia Resources SDN. BHD.
Honda CEO Award
For the Best Sales Growth and the Top Sales Award
AAPICO Plastics PLC
Zero Accident Award
The 14th anniversary of zero accident campaign
AAPICO Amata Co., Ltd.
Best Cost Reduction Initiative Award
AAPICO Amata Co., Ltd.
The Best in Spare Parts Award
AAPICO Amata Co., Ltd.
The Best in Quality Award
AAPICO Hitech PLC
The 2nd Runner-up in Advance Group Award
AAPICO Hitech PLC
The Outstanding Practice Certificate Winner of HRD
AAPICO Plastics PLC
The GM Supplier Quality Excellence Award
AAPICO ITS Co., Ltd.
The Most Improved Navigation Aid within ASEAN Award
New Era Sales (M) SDN. BHD
The Honda CEO Award
AAPICO Plastics PLC
The “Zero Accident” (Silver Level) Award
AAPICO Plastics PLC
The “SHE Excellence” Award (Silver Level) Award
AAPICO Amata Co., Ltd.
The “ASO-T Thailand” (Silver Level) Award
AAPICO Hitech PLC
Prestigious Award in TPS Presentation Activity 2012
“The 1st Runner Up in TPS Final Presentation Activity 2012” from TOYOTA CO-OPERATION CLUB
AAPICO Plastics PLC
The 2nd Runner Up Zero Accident in The Workplace Award
“The 2nd Runner Up Zero Accident in The Workplace Award”
AAPICO Amata Co., Ltd.
Prestigious Award in Spare Parts Delivery for 2012
“The 1st Runner Up In Spare Parts Delivery” from Isuzu Motors
AAPICO Hitech PLC
Appreciation for Flood Recovery Effects
AAPICO Hitech PLC
Thailand Automotive Manufacturer of the Year
AAPICO Plastics PLC
White Flag Hand Over Ceremony for Drug-Free Industrial Estate Campaign
One of the Drug Free Factories and fight against drug usage in the work place.
AAPICO Plastics PLC
2nd Runner-Up for Zero Accident in the Workplace Award
The Runner-Up for Zero Accident in the Workplace
AAPICO Amata Co., Ltd.
Prestigious Award in Cost and the Best in Quality and Delivery Improvement Award for 2010
AAPICO Amata Co., Ltd.
Network of Engineering Service : NES Award for the year 2010
AAPICO Forging PLC and AAPICO Plastics PLC.
Quality Target Successful Award for the year 2010
2020
Covid-19 Pandemic
- Established AAPICO Hyojin Autotech Co., Ltd., a 70% subsidiary, operates the automotive assembly jigs design, manufacturing and robotic integration
- Established Aapico Motors (Kuantan) Sdn. Bhd. and Aapico Motors (Temerloh) Sdn. Bhd, Proton car dealership in Malaysia
2021
COVID-19 Pandemic & Global Microchip Shortage
- Established MG car dealership in Thailand
- Disposed 49% shares in Weihai Bethel-Sakthi Automotive Safety Systems Co., Ltd and 51% shares in Weihai Bethel-Sakthi Automotive Co., Ltd held by Sakthi Automotive Group USA, Inc. or SAGUSA which is currently under the wind down process
- Opened the first Mazda showroom in Pathumthani province under Able Motors Co., Ltd
2022
- Established JV with Purem International GmbH (Germany) as Purem AAPICO Co., Ltd.
- Opened three car dealerships, Mitsubushi Chaengwattana, Ford Lamlukka, and MG Sukhapiban 3
- Opened one Proton Showroom in Chan Sow Lin, Kuala Lumpur, Malaysia
2023
- Entered a strategic partnership with Proton. Acquired 60% of shares in AAPICO Avee Sdn. Bhd.
- Established Changan Dealership namely Able EV in Pathum Thani, Thailand
- Upgraded TRIS credit from BBB+ to A-
- Sold 67.6% shares held in SACL (India operation)
Awards & Achievements
