Charoong Thai Wire & Cable Public Company Limited (CTW)



Charoong Thai Wire & Cable Public Company Limited (CTW) is one of the largest    manufacturers of The Electric Wire & Cables and Telecommunication Cables in Thailand. The company has been developing high quality wire & cable products to Thai market since 1967.

Company Name : CHAROONG THAI WIRE & CABLE PUBLIC COMPANY LIMITED
  Symbol : CTW
  Industry/Sector : manufacturer and distributor of Aluminium Cables, Low Voltage
   Copper Cables, XLPE Insulated High Voltage Cables, Telephone Cables, Fiber Optic
   Cables and Enameled Wires.
  Address : 589/71 Central City Tower, Floor 12A , Bangna-Trad Road, Bangna,
    Bangna District, Bangkok 10260, Thailand
  Telephone : 0-2745-6118
  Fax : 0-2745-6131-2
  Website : You are not allowed to view links. Register or Login
  Number of Employee : 470 persons
  Authorized Capital : 1,999,288,350 Baht
  Paid-up Capital : 1,912,465,850 Baht (As at 10 October 2005)
  Voting Stock : Common Stock : 382,493,170 Shares
  Par Value : 5.00 Baht
  Foreign Limit : 49.00%
  Foreign Available : 186,475,595 shares
  Dividend Policy : not less than 25 per cent of net profit after deducting legal reserve
  and the Board shall propose to the shareholders meeting for approval.



1967 - Established with the joint venture of Thai and Taiwanese investors (Walsin
  Lihwa Electric & Cable Corp. and Pacific Electric Wire & Cable Co.,Ltd.) It was granted
  promotional privileges by the Board of Investment. The capital investment was started
  up with Baht10 Million.

  1968 - Constructed plant and installed machines.

  1969 - Began production of Aluminium and supplied to domestic electricity authorities.

  1970 - Expanded production of Copper Rolling, Copper Melting and Copper Cable to
  meet the increasing demand of the market. And the capital investment was increased to
  Bath 12 Million.

  1972 - Expanded production of Aluminium Melting Rod. Semi product of Aluminium Cable.
  1973 - Installed Continuous Casting and Rolling Machine. Model 6 "Properzi" and
  increased the capital to Bath 15 Million.

  1974 - Increased capital to Baht 21 Million.

  1975 - The Thai Industrial Standard Institute (TISI) has awarded its "Standard Mark" to
  all CHAROONG THAI Product.

  1976 - Registered as a public company, and CHAROONG THAI products.

  1977 - Began the Telephone Cable Project to the satistv increasing demand by
   Thailand and its neighbours.

  1978 - The capital investment was increased to Baht 12 Million.

  1979 - Began Exporting its products within the ASEAN region. Specifically Singapore.
  Indonesia and the Philippines.

  1980 - Increased Aluminium Cable Capacity to 1,000 MT per month.- Increased
   Aluminium

  1983 - Installed Tandem Line : the high technology telephone cable machine.

  1984 - Produced the first ever-biggest aluminium cable in the country.

  1985 - Received in The "Standard Mark from Thai Industrial Standard Institute for
  "Jelly Filled" Telephone cables.

  1986 - Invested in Thai C.R.T. Co.,Ltd. the sole manufacturer of Television Picture Tubes
  under the promotional privileges of the B0OI. Thai C.R.T. received the technical
  know-how from Mitsubishi. Japan and Siam Cement Group was the leader of
  management team. The amount of the investment was Bath 3 Million or 0.5%
  of the total capital Baht 600 Million

  1987 - Added electronic copper wires in the production lines and received standard
  mark from "UL" C.S.A. and also started manufacturing of power low voltage cables.
  XIPE (SIOPLAS) delivered to Metropolitan Electricity Authority (MEA).

  - Invested in H.R. Silvine Electronics (Thailand) Co.,Ltd. which has started to produce
  electronic wires and wire harness to 80% export under the promotional privileges of
  BOI. H.R. Silvine Electronics Inc., Taiwan holds 65% of total capital Baht 88 Million and
  leads the management. The company holds 10% of the total capital and also joints the
  management team.

  1988 - Increased the registered capital to Bath 100 Million and reduced the par value
   from 100 baht per share to 10 baht per share. The paid up capital in the year was Baht
  63 Million.

    - Invested in Thai Metal Processing Co.,Ltd. a manufacturer of copper rods. Amounted
  of Baht 22.5 Million or 15% of the total capital Baht 150 Million. The major shareholder
  and the leader of the management team is Yazaki Group of Japan.

  1989 - Recalled the capital amounted of that of Baht of Bath 37 Million, therefore, the
   total registered and paid up capital reached Baht 100 Million.

  1990 - The company purchased 130 Rai (208,000 square metre) of land in 1989 and
  constructed factory One for the production of telephone cable at Bangnamprieo district,
  Chachoengsao province.

  1991 - Installed new machinery and expanded the factory Two for the production of
  high-voltage power cable.

  1992 – Installed new machinery and transferred existing equipment from the Phra
  Pradaeng factory to the new facilities. Inaugurated the new factory at the beginning of
  1992.

  1993 - The high voltage power cable production was commenced.

  1994 - The company renamed as Charoong Thai Wire and Cable "Public" Co.,Ltd. by the
   SET requirement.
    -The company established CTW (Hong Kong) Limited mainly involve off shore
  investment for CTW.

    -The company sealed a three year cooperation agreement with Pacific Electric Wire &
   Cable Co., Ltd., the largest manufacturer of power cable in Taiwan, and one year
  agreement with PCFL (Finance) Ltd., a Hong Kong based financial institution. The
  support of these two companies enabled CTW to improve efficiency in operations and
  management through more efficiency computerization.

  1995 - Successfully completed construction of an electrical substation, as scheduled,
  stabilizing power supplies to the facilities

    -Constructed factory three to produce aluminium power cable and installed machinery
  for the manufacture of high-voltage electric cable.

    -Established CTW Apex Co., Ltd. mainly involve cash management for CTW.

  1996 - Successfully completed installation of machinery and commenced operations at
  factory three for the production of aluminium power cable.

    -Established CTW Beta Co., Ltd. mainly involve investment & management on
  Telecommunication Projects.

    -The company received the ISO 9002 from Bureau Veritas Quality International (BVQI)

  1997 - The company established CTW Com Co., Ltd. mainly involve import & export
  trading business.

    -To form Siam Fiber Optics Co., Ltd. "SFO" joined with Fujikura Ltd. Italian-Thai
  Development Public Co., Ltd. and Tomen Corporation, SFO well manufacture
  fiber optic cables and its factory constructions start at the side of CCS factory.

    -The company received the ISO 9002 quality management certificate from the Thai Industrial Standards institute (TISI), Ministry of Industry, The certification will pave the way for future business in new and existing markets.

  1998 - The company increased the efficiency of production of 69 KV high voltage electric
  wires and it has been registered at the Industrial Products Standards Office, Ministry of
  Industry.

    - Installed X-Ray 8000 machinery to improve efficiency and quality in operations of high
  voltage electric wires.

    - The company increased capital from Baht 296,832,400 to Baht 890,497,200 and
  Siam Fiber Optics "SFO" increased capital from Baht 160 million to Baht 240 million.
  The company increased a stake in SFO from 55% to 59.99%

  1999 - Siam Fiber Optics Co.,Ltd. (Subsidiary Companies) received the ISO 9002
  from Bureau Veritas Quality International (BVQI)

    - The Company has been registered at the Industrial Products Standards Office,
  Ministry or Industry, Product of the Company, 115 KV. High Voltage electric wires
  (Cross-Linked Polyethylene Insulated Polyethylene Jacketed Cable)

    - The Company has established an Audit Committee and the Internal Audit Unit.



"CUSTOMER SATISFACTION AND CONTINUOUS IMPROVEMENT"

    CTW follows continuous and strict procedures throughout every production process.
    Our quality control begins with the careful scrutinization of product designs, raw
    materials and continues to the testing of final products; where every finished
    length of cable must also pass rigorous test to meet required specifications before
    it is shipped to our customers.



    Our goals are to provide products and services that are environmentally sound
    throughout their lifecycles, conduct our operations in an environmenttally
    responsible manner, and create health and safety practices and work
    environments that enable CTW empoyees to work injury-free.

    Strive to proactively reduce occupational injury and illness risks, and promote employee healty and well-being

    Aggressively pursue pollution prevention,energy conservation and waste reduction in our operations,

    Seek to design our products to be safe to use, to minimize their use of energy and natural resources.



    CTW is upgrading the products operations through research, advanced technology
    and machinery, to serve the expanding needs of Thailand's economy at competitive
    prices. The company is committed to offer high quality products to achieve customer
    satisfaction. The company is trusted to supply wire and cable to various reputable
    firms and local state enterprises.

    EGAT : Electricity Generating Authority of Thailand
    PEA : Provincial Electricity Authority
    MEA : Metropolitan Electricity Authority
    TOT : TOT Corporation Public Company Limited
    CAT : CAT Telecom Public Company Limited NBIA : New Bangkok International
             Airport
    Export : CTW Has been exporting its quality cable to ASEAN region,
    Specifically Singapore, Indonesia,Philippines and Indochina for many year. etc.



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