{"id":1640,"date":"2017-03-09T04:15:16","date_gmt":"2017-03-09T04:15:16","guid":{"rendered":"https:\/\/dentalcorpthailand.com\/ir\/en\/?page_id=1640"},"modified":"2024-05-22T17:57:11","modified_gmt":"2024-05-22T10:57:11","slug":"company-milestone","status":"publish","type":"page","link":"https:\/\/dentalcorpthailand.com\/ir\/en\/about-us\/company-milestone\/","title":{"rendered":"Important developments of the company"},"content":{"rendered":"
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\r\n\t\t\t\tImportant Developments Of The Company\t\t\t<\/h3>\r\n\t\t<\/div>\r\n\t<\/div>\r\n\r\n\t<\/div><\/div><\/div>
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Important developments in the Group regarding the change in control of the Company and nature of business since the establishment of the company are as follows<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>

<\/div>
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\r\n
\r\n Year 2005<\/span>\r\n <\/div>\r\n \t
\r\n \t

The founding group of the company (Mr. Pornsak Tantapakul) founded Bangkok International Dental Center Company Limited (BIDC)<\/h3>\r\n \t
with an initial registered capital of 10 million baht to operate a dental service business. The first branch was Phahon Yothin branch.<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
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\r\n Year 2006<\/span>\r\n <\/div>\r\n \t
\r\n \t

BIDC has 2 more branches<\/h3>\r\n \t
including Siam Square branch. and Ratchadaphisek branch (where the current BIDC Dental Center is located)<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
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\r\n Year 2007<\/span>\r\n <\/div>\r\n \t
\r\n \t

The group of company founders (Mr. Pornsak Tantapakul) founded the company. Bangkok Dental Hospital International Company Limited (BIDH)<\/h3>\r\n \t
with a registered capital of 1 million baht to operate a comprehensive dental hospital business. which currently has not started business.<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
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\r\n Year 2008<\/span>\r\n <\/div>\r\n \t
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The company was registered as a company to operate a dental service business under the name Bangkok Dentist Company Limited<\/h3>\r\n \t
with an initial registered capital of 1 million baht. The head office is located at 1701\/12 Phahon Yothin Road, Chatuchak Subdistrict, Chatuchak District, Bangkok. But at that time it had not yet been implemented.<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
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\r\n Year 2012<\/span>\r\n <\/div>\r\n \t
\r\n \t

The company has registered a change of name to \u201cDental Corporation Company Limited\u201d<\/h3>\r\n \t
and registered the name used in conducting business. \u201cSmile Signature\u201d (\u201cSmile Signature\u201d)<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
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\r\n <\/span>\r\n <\/div>\r\n \t
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The company increased its registered capital to 10 million baht<\/h3>\r\n \t
and purchased the assets of Phahon Yothin branch and Siam Square branch from BIDC to continue operations under the name \"Smile Signature\".<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n <\/span>\r\n <\/div>\r\n \t
\r\n \t

BIDC and Mr. Pornsak's group purchased all the shares of Bright Smile Whitening Spa (Thailand) Company Limited (\u201cBS\u201d)<\/h3>\r\n \t
a provider of teeth whitening services using Dental spa from the United States and had a registered capital of 20 million baht at that time. BIDC invested in purchasing shares in the portion that BIDC held at 90 percent of the total shares, at a par value of 18 million baht, the purchase of shares in the said business was purchased from the existing shareholders of BS, who are not related to the group of companies in any way, and to expand the group's teeth whitening services.<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
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\r\n Year 2013<\/span>\r\n <\/div>\r\n \t
\r\n \t

The company has 2 more branches<\/h3>\r\n \t
Smile Signature Dental Clinic. Ramindra Branch and Smile Signature Dental Center Ratchadaphisek (Ratchadaphisek 19).<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n Year 2014<\/span>\r\n <\/div>\r\n \t
\r\n \t

The Company's Smile Signature Ratchadaphisek Dental Center and BIDC Dental Center received ISO 9001:2008<\/h3>\r\n \t
quality certificates for dental services from Intertek Certification Limited.<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n <\/span>\r\n <\/div>\r\n \t
\r\n \t

The company has 3 more branches<\/h3>\r\n \t
Smile Signature Dental Clinic, Seacon Square Srinakarin Branch, Dental Signature Dental Clinic. Siam Paragon branch (formerly Bright Smile Whitening Spa (BS) of BIDC; The Company purchased all of BS's assets and further renovated them into a dental clinic) and a dental clinic, Phuket Dental signature.<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
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\r\n <\/span>\r\n <\/div>\r\n \t
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Restructuring of the group of companies, whereby the Company acquired 99.99% and 99.99% of shares in BIDC and BIDH<\/h3>\r\n \t
respectively. The Company purchased shares of BIDC and BIDH from the existing shareholder group at par prices.\n<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
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\r\n Year 2015<\/span>\r\n <\/div>\r\n \t
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BIDC Dental Center has received JCI Accreditation accreditation. from the United States.<\/h3>\r\n \t
<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
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\r\n <\/span>\r\n <\/div>\r\n \t
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The company increased its registered capital to 70 million baht.<\/h3>\r\n \t
<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
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\r\n <\/span>\r\n <\/div>\r\n \t
\r\n \t

The company has 3 additional branches<\/h3>\r\n \t
Phuket Smile Signature Dental Clinic, Smile Signature Dental Clinic. Central Westgate branch, and Dental Signature Dental Clinic Central Festival Eastville Branch.<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n <\/span>\r\n <\/div>\r\n \t
\r\n \t

Established Dental All (Thailand) Company Limited (DAT)<\/h3>\r\n \t
with a registered capital of 1 million baht to operate a dental lab service business within the group of companies. At present, the name has been changed to Dental Vision (Thailand) Company Limited (\"DVT\"), with the Company holding shares in DVT 99.99 percent of the registered capital.<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n <\/span>\r\n <\/div>\r\n \t
\r\n \t

BIDC sold shares held in BS to Mr. Pornsak's group at a price of 19.90 million baht.<\/h3>\r\n \t
close to the book value as of 31 Dec. 2014 (book value according to the proportion held by BIDC was 19.73 million baht). In this regard, BS has registered its dissolution. The business and liquidation were completed in July 2016.<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
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\r\n Year 2016<\/span>\r\n <\/div>\r\n \t
\r\n \t

The company has one additional branch<\/h3>\r\n \t
namely a dental clinic. Smile Signature Central Plaza Pinklao Branch.<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n <\/span>\r\n <\/div>\r\n \t
\r\n \t

The Company's shareholder meeting on June 3, 2016 resolved to change the par value of the Company's<\/h3>\r\n \t
common shares from the original par value of 1,000 baht per share to a par value of 0.50 baht per share, along with a resolution to increase the registered capital from 70 million baht to 100 million baht, by offering 5 million baht to existing shareholders and for sale to the general public for the first time, 25 million baht, by issuing 60 million additional common shares with a par value of 0.50 baht per share, offering 10 million shares to existing shareholders and offering to the general public for the first time 50 million shares, along with registering a change in the company's registered capital to 100 million baht.<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n <\/span>\r\n <\/div>\r\n \t
\r\n \t

The company registered its transformation into a public limited company. Using the name "Dental Corporation Public Company Limited" on June 15, 2016<\/h3>\r\n \t
<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n <\/span>\r\n <\/div>\r\n \t
\r\n \t

The Company offered additional shares to existing shareholders on June 20, 2016, making the Company's paid-up capital equal to 75 million baht.<\/h3>\r\n \t
<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n Year 2017<\/span>\r\n <\/div>\r\n \t
\r\n \t

The company offered its securities for the first time to the general public (IPO) and was listed on the Stock Exchange of Thailand. and the MAI Stock Exchange.<\/h3>\r\n \t
<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n <\/span>\r\n <\/div>\r\n \t
\r\n \t

The company has one more branch<\/h3>\r\n \t
which is a dental clinic. Dental Signature EmQuartier Branch.<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n <\/span>\r\n <\/div>\r\n \t
\r\n \t

The Extraordinary General Meeting of Shareholders No. 2\/2017 of the Company on November 1, 2016 resolved to approve entering into the transaction to acquire the Company's<\/h3>\r\n \t
assets to purchase land and invest in construction of a dental hospital, a 7-story building and 1 basement floor, consisting of 33 dental rooms, 1 operating room, and 2 recovery rooms, the total project value does not exceed 450 million baht.<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n <\/span>\r\n <\/div>\r\n \t
\r\n \t

BIDH increased registered capital to 200 million baht, with paid-up capital of 180 million baht.<\/h3>\r\n \t
<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n Year 2018<\/span>\r\n <\/div>\r\n \t
\r\n \t

The Company entered into a transaction to purchase all assets under the name Dental Planet Dental Clinic<\/h3>\r\n \t
consisting of the Major Cineplex Rangsit branch, the Bangkok University Rangsit branch, and the Major Avenue Ratchayothin branch, a total of 3 branches, on on March 1, 2018.<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n <\/span>\r\n <\/div>\r\n \t
\r\n \t

The Company entered into a transaction to purchase assets for the business of distributing dental materials and equipment of Dental Vision Company Limited (\u201cDV\u201d)<\/h3>\r\n \t
The Company will operate the business of distributing dental materials and equipment under a subsidiary, Dental Company. All (Thailand) Co., Ltd., which later registered a name change to Dental Vision (Thailand) Co., Ltd. (\u201cDVT\u201d), as well as increasing its registered capital to 300 million baht, with a paid-up capital of 200.10 million baht, with DVT receiving the transfer of assets. Above from DV on August 1, 2018.<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n <\/span>\r\n <\/div>\r\n \t
\r\n \t

Established Dental All (Thailand) Company Limited (\u201cDAT\u201d) with a registered capital of 10 million baht<\/h3>\r\n \t
on December 11, 2018 to operate a business selling dental materials and equipment, providing dental lab work (Receiving the transfer of dental lab work from DVT) and providing training services. The company currently holds 99.97 percent of the registered capital in DAT.<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n Year 2019<\/span>\r\n <\/div>\r\n \t
\r\n \t

Bangkok International Dental Hospital (BIDH) begins opening for service.<\/h3>\r\n \t
a subsidiary of the Company begins operations under the operation of the company.<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n <\/span>\r\n <\/div>\r\n \t
\r\n \t

Chiang Mai International Dental Clinic (CIDC) begins opening for service.<\/h3>\r\n \t
<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n <\/span>\r\n <\/div>\r\n \t
\r\n \t

The company increased its registered capital to 140 million baht<\/h3>\r\n \t
by issuing 80 million additional common shares with a par value of 0.50 baht per share to be offered to existing shareholders in proportion to their shareholding (Right Offering) of 40 million shares and To support the exercise of D-W1 warrants, amounting to 40 million shares, additional common shares were offered at a price of 2.50 baht per share, resulting in the company receiving additional capital in the amount of 100 million baht and warrants to purchase common shares of The company (D-W1) began trading on the MAI secondary market on March 17, 2020.<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n Year 2020<\/span>\r\n <\/div>\r\n \t
\r\n \t

Changed the names of 2 Dental Signature dental clinics to BIDC Dental Clinic, Paragon Branch and EmQuartier Branch.<\/h3>\r\n \t
<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n Year 2021<\/span>\r\n <\/div>\r\n \t
\r\n \t

The company opened a new branch at On Nut and moved the Siam Square branch office, to be located in the Siam Scape building and moved the Major Rangsit branch office to Rangsit Khlong Luang Road.<\/h3>\r\n \t
<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n Year 2022<\/span>\r\n <\/div>\r\n \t
\r\n \t

The company renovated the Siam Paragon branch and moved to new room 232, 2nd floor, Siam Paragon Building.<\/h3>\r\n \t
<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t\t\r\n\t
\r\n
\r\n Year 2023<\/span>\r\n <\/div>\r\n \t
\r\n \t

The 2023 Annual General Meeting of Shareholders on April 27, 2023 resolved to approve the following. Increasing the registered capital of the company in the amount of 20.13 million baht from the original registered capital of 150.97 million baht to the registered capital of 171.10 million baht<\/h3>\r\n \t
by issuing 40.26 million new common shares with a par value of 0.50 baht per share to support the payment of stock dividends. The company registered the increase in registered capital with the Ministry of Commerce on May 18, 2023.<\/div>\r\n \t\t<\/div>\r\n\t<\/div>\r\n\t<\/div><\/div><\/div><\/div><\/div>
<\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"

Important developments in the Group regarding the change in control of the Company and nature of business since the establishment of the company are as follows<\/p>\n","protected":false},"author":1,"featured_media":7261,"parent":1529,"menu_order":1,"comment_status":"closed","ping_status":"closed","template":"page.php","meta":{"footnotes":""},"yoast_head":"\nImportant developments of the company | Dental Corporation Public Co., Ltd.,<\/title>\n<meta name=\"description\" content=\"Important developments in the Group regarding the change in control of the Company and nature of business since the establishment of the company are as follows\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dentalcorpthailand.com\/ir\/en\/about-us\/company-milestone\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta 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