Sahathai Terminal has submitted its filing to Thailand’s Securities and Exchange Commission (SEC) to offer its first initial public offerings (IPO) with a total of 120 million shares, accompanied with a plan to get listed on the Market of Alternative Investment (MAI).
As part of the Sahathai Group family, Sahathai Terminal is specialized in multiple business operations. They are well known for their commercial full-service feeder terminal with a 170 meter berth and a barge terminal with two 65 meter berths. The terminal also stemmed into a subsidiary, Bangkok Barge Terminal Co., Ltd, where Sahathai Terminal holds 51%. The subsidiary operates a barge terminal located nearby the first two terminals.
Sahathai Terminal operates an overland container transportation business that offers primarily container transportation between logistics facilities within the group, Laem Chabang, and customer premises in Bangkok and throughout Thailand. They also offer container depot and warehouses served for container storage, maintenance, and warehousing services to the company’s clients. The warehouse serves both general cargo and free zone with their current major client being global 3PL and automotive firms. Beyond these service offerings, they also have other businesses relating to their core services, which includes freight forwarding and facility leasing.
The company also plans to expands it container depot facility to provide container storage, maintenance and repair services, in line with business growth. The investment for this expansion is estimated at 490 million Baht, and this new business has been registered and was incepted on March 30, 2017 under the name, Bangkok Container Depot Service Limited (BCDS).