GROUP LEASE

Group Lease Public Company Limited or GL was established on May 6, 1986, undertaking automobile hire purchase business in Bangkok and upcountry. During the year 1990, the new group of shareholders acquired the business from the existing shareholders, and focus on the hire purchase business of motorcycles while slowing down the automobile hire purchase. After that the Company had expanded hire purchase of other things such as trucks, machineries, printing presses as well as the financial leasing,... factoring contracts, asset financing and personal loans. Later on from the year 2004, the core business of the Company has been hire purchase of motorcycles only. The Company had been increasing its registered capital continuously from 1 million Baht to 720,926,136 Baht and the paid up capital of 545,384,816 Baht. In 2007, the group of major shareholders change to APF Group (The companies in the same group are Engine Holdings Asia Pte. Ltd. and A.P.F Holdings Co., Ltd..) which as at 30 December, 2014 holding 483,295,235 shares or 44.51% of total issued and paid-up capital of the Company.More