KCAR

Krungthai Car Rent and Lease Public Company Limited registered since January 29, 1992 under the name of “Krungthai Car Rent International Co., Ltd.” by Mr. Paitoon Chantarasereekul with registered capital of Bath 4 million which belonged to Chantarasereekul group for 100%.

 

The Company operated car leasing business both short term (daily-weekly-monthly basis) and long term (operating lease 1-5 years) to corporate customer both government agencies and private companies including individual customers together with the policies of excellent service and customer satisfaction orientation.  The Company also worked as partnership and focused on excellent result for all business partners including the improvement of working system to enhance the service quality enabling the solid and continuous growth of the Company.

 

 In August 2004, the Company became a Public Company namely “Krungthai Car Rent and Lease Public Company Limited” and changed in the par value of Baht 1,000 per share to Baht 1 per share.  In November 2005, the Company sold 50 million common shares to the public so that the new Company paid-up capital is as of Baht 250 million.  The Company was listed on the Stock Exchange of Thailand by December 2005.

 

In June 2005, the Company invested in Krungthai Automobile Co., Ltd., a subsidiary company, whose nature of business is the sales of used cars and leased cars that have exceeded its leas ability period under the front name of “Toyota Sure”, in which the Company held 37,999,300 baht (accounted to 95% of total shares). As a development, the Company in January  2013  increased its proportion of investment in the subsidiary company to 100% of the total shares.

 

For the current moment, the subsidiary company owns three branches of used car outlet

1. Headquarters on Kanchanabhisek road

2. Srinagarindra road branch

3. Kaset bran

4. Kanchanaphisek-Baromarachachonani Branch