.webp){kind=logo}
History
Our company was founded by Mr. Ekapan Vanagosoom, who has extensive experience in various business fields and is an expert in engineering business.
Recognizing the opportunity for growth in the agricultural equipment production and distribution industry, combined with a good relationship with Kubota Corporation, the company was established in 2009 with a registered capital of 20,000,000 baht (twenty million baht) with the main objective of producing and distributing agricultural equipment based on engineering expertise. We began by producing plow discs, harrow discs, dozeer blades, disc plows, and agricultural screw flights used in a rice combine harvester, with quality control ensured to meet our high standards. In addition, we also produce mechanical screw flights, which are used as components in various types of machinery used in multiple industries such as screw conveyors for concrete batching plants, and even for steel industries or food industries.
In March 2015, the company invested in Adlertec Co., Ltd. ("Adlertec") by purchasing ordinary shares at 99.80% from the original group of shareholders led by Ms. Tiayaphon Vanagosoom, in order to restructure the company's organization and reduce the complexity of transactions between each other. This move was also aimed at expanding business opportunities by diversifying product lines, with the Fighting Brand being the main product strategy to increase market share for the company. Our commitment to excellence, attention to detail, and expertise in engineering has enabled us to become a leading player in the agricultural equipment industry in Thailand. We are constantly seeking new opportunities and partnerships to expand our business and provide our customers with high-quality products and services that meet their needs.
"Cultivating a culture of ethical business practices and social and environmental responsibility, we strive to continuously innovate and improve our product offerings."
20,000,000 baht
Initial registered capitalIn 2023, our company ventured into a new business, leveraging its expertise in mechanical engineering to produce and develop cannabis and hemp extraction machines for the market.
We received positive feedback and formed partnerships to strengthen its position in the extraction business. As part of this strategy, our company invested in three subsidiary companies: 1. Investing 99.70% in KWM Cannabitec Co., Ltd., which provides cannabis and hemp extraction machine rental services. 2. Investing 51% in Lab Active Co., Ltd., which is engaged in the extraction and processing of agricultural raw materials, and sells its products for use in various industries, including cosmetics, pharmaceuticals, food, animal feed, etc. 3. Investing 51% in KWHB Co., Ltd., which is engaged in the extraction of important substances from Thai herbs, as well as the production and distribution of products made from Thai herbs.
This investment strategy has enabled the group of companies to cover the entire spectrum of the extraction business, not only for cannabis and hemp, but also for other medicinal herbs. It is worth noting that the cannabis market has been growing rapidly in recent years, with the global legal cannabis market size projected to reach $84 billion by 2028. The legalization of cannabis in several countries has opened up opportunities for businesses to enter this market, and the company's investment in the extraction business is a strategic move to tap into this growing industry.
Major Changes
-
2022
In November 2022, increased capital in a subsidiary, Lab Active Co., Ltd., from the original 10,000,000 baht to 15,000,000 baht from the existing shareholders proportionately.
-
2021
In April 2021, our company invested in two subsidiary companies, which are KWM Canabitec Co., Ltd. at 99.70% and Labactive Co., Ltd. at 51%.
On July 5, 2021, the company issued a warrant to purchase ordinary shares for K. W. Metal Work Public Company Limited the first round (KWM-W1) of 139,998,338 units, with a subscription price of 1.50 baht per unit. The exercise of the warrant is scheduled for 4 times, on January 4, 2565, July 4, 2565, January 4, 2566, and July 4, 2566, respectively. The company has also issued additional common shares to support the exercise of the warrant, not exceeding 140,000,000 shares, with a par value of 0.50 baht per share.
In August 2021, invested in KWHB Co., Ltd. at 51%.
-
2019
During the third quarter, KWM began selling a new product, the Rotary blades.
-
2018
On January 22, 2018, the company was certified with the ISO 9001:2015 quality standard, which is a standard for the certification of quality management systems.
On March 16, 2018, at the Annual Shareholders' Meeting of the company for the year 2018, it was resolved and approved to convert the company into a public limited company and change its name from the company to K. W. Metal Work Public Company Limited and registered the conversion from a limited company to a public limited company on March 22, 2018. Additionally, at the shareholders' meeting, there was a resolution to increase the registered capital from THB 150,000,000 to THB 210,000,000, along with changing the par value of shares from THB 100.00 per share to THB 0.50 per share by issuing new common shares, totaling 120,000,000 shares at the par value of THB 0.50 per share to be offered for the first time to the public and to register the common shares of the company in the Stock Exchange of Thailand on October 1, 2018.
On October 1, 2018, the company was registered in the Stock Exchange of Thailand or the Market for Alternative Investment (MAI).
-
2017
On April 3rd, 2017, the company increased its registered capital to 150,000,000 baht by issuing 500,000 additional ordinary shares with a par value of 100.00 baht per share, allocated to the existing shareholders to adjust the company's capital structure in preparation for its registration as a listed company on the Stock Exchange of Thailand.
-
2016
On October 21, 2016, the company increased its registered capital to 100,000,000 baht (one hundred million baht) by issuing 500,000 ordinary shares with a par value of 100.00 baht per share, allocated to existing shareholders to adjust the company's capital structure in preparation for registration as a listed company in the Stock Exchange of Thailand.
-
2015
On January 22, 2015, the company was certified with ISO 9001:2008, a standard that recognizes a quality management system.
In March 2015, the company invested in Adlertec Co., Ltd. ("Adlertec") by purchasing common shares from the original shareholders led by Ms. Tiyaphon Vanagosoom, totaling 99.80%, to streamline the company's structure and simplify transaction processes.
On August 17, 2015, the company increased its registered capital from 20,000,000 baht (twenty million baht) to 50,000,000 baht (fifty million baht) by issuing 300,000 new ordinary shares at a par value of 100.00 baht per share, allocated to existing shareholders for investment in the construction of a new factory at Eastern Seaboard Industrial Estate ("Factory 2").
-
2014
Investing in machinery for producing discs from a new type of steel.
-
2011
Invested in welding and assembly lines for disc plows
-
2010
Invested in machines for producing screw flight and dozer blades
-
2009
On May 22, 2009, K. W. Metal Work Co., Ltd. was registered with an initial registered capital of 20,000,000 baht (twenty million baht exactly).
On August 14, 2009, the company was approved by the Board of Investment of Thailand for investing in the production of farm machinery and equipment.
In October 2009, the company invested in machinery for the production line of plow discs, which was the first product of the company