Company History

Lanna Resources Public Company Limited, Registration No. 0107535000397 (formerly Bor.Mor.Jor. 72), formerly Lanna Lignite Public Company Limited, was initially established as a registered company on the October 4, 1985 and later converted to a public company limited on December 29, 1992.

On July 12, 1994, the Company was given permission by the Ministry of Finance to register its ordinary shares for trading in the Stock Exchange of Thailand. The Company is listed in the Resources Group (Energy and Utilities sector). The Company has registered and changed its name to Lanna Resources Public Company Limited since May 17, 2001.

Milestones


1985 – Founding of Lanna Lignite Company Limited

  • Lanna Resources Public Company Limited – formerly Lanna Lignite Public Company Limited. – registered as a limited company on October 4, 1985. Its objective was to lease coal mine license for a period of 20 years ending November 11, 2005, at Ban Pa Kha, Lee District, Lumphun Province, from the Department of Alternative Energy Development and Efficiency.

1992 – Conversion to Public Company Limited

  • On December 29, 1992, Lanna Lignite Company Limited registered for conversion to a public limited company as Lanna Lignite Public Company Limited. Afterwards, the Ministry of Finance approved the listing of the ordinary shares of the Company in the Stock Exchange of Thailand on May 12, 1994. On May 17, 2001, the Company changed its name to Lanna Resources Public Company Limited. Currently, the stock is categorized under Resources industry.

1996 – Share Acquisition in United Bulk Shipping Pte. Ltd.

  • In 1996, Lanna Resources Public Company Limited purchased 49 percent of total ordinary shares in United Bulk Shipping Pte Ltd of Singapore in order to operate ocean freight business.

1997 – Share Acquisition in Lanna (Singapore) Pte Ltd

  • In 1997, Lanna Resources Public Company Limited purchased 100 percent of total ordinary shares in Lanna (Singapore) Pte Ltd as a holding company engaging in investment of foreign mines and utilities. Due to subsidiary restructuring, Lanna (Singapore) Pte Ltd completed its dissolution and liquidation on June 28, 2012.

1998 – Share Acquisition in PT. Lanna Harita Indonesia

  • In 1998, Lanna (Singapore) Pte Ltd acquired 55 percent of total ordinary shares in PT. Lanna Harita Indonesia of Indonesia as the first coal mine investment in Indonesia. Coal production and distribution began in late 2001. In 2007, the acquired ordinary shares was divested to Lanna Resources Public Company Limited.

2003 – Share Acquisition in Thai Agro Energy Public Company Limited

  • In 2003, Lanna Resources Public Company Limited acquired 75 percent of total ordinary shares in Thai Agro Energy Public Company and increased to 75.75 percent in 2005. The company operates ethanol (99.5% purity) production and distribution business until today.

2004 – Share Acquisition in PT. Citra Harita Mineral

  • In 2004, Lanna (Singapore) Pte Ltd acquired 55 percent of total ordinary shares in PT. Citra Harita Mineral of Indonesia as the second coal mine investment in Indonesia. Coal production and distribution began in late 2005. In 2007, all acquired ordinary shares was divested to Lanna Resources Public Company Limited. Currently, the company is under dissolution and liquidation process.

2006 – Founding of PT. Lanna Mining Services

  • In 2006, Lanna Resources Public Company Limited and Lanna (Singapore) Pte Ltd jointly established PT. Lanna Mining Services in Indonesia with 100 percent shareholding. It was initially established for operating coal businesses in Indonesia and facilitating the third coal mine in CCOW III concession of PT. Singlurus Pratama. In 2010, Lanna (Singapore) Pte Ltd sold its share in PT. Lanna Mining Services to United Bulk Shipping Pte Ltd – an associated company. Currently, Lanna Resources Public Company Limited is holding 99.95 percent of paid-up capital, and United Bulk Shipping Pte Ltd is holding 0.05 percent of paid-up capital.

2008 – Share Acquisition in PT. Singlurus Pratama

  • In 2008, Lanna (Singapore) Pte Ltd acquired 65 percent of total ordinary shares in PT. Singlurus Pratama of Indonesia as the third coal mine investment in Indonesia. In 2009, all acquired ordinary shares was divested to Lanna Resources Public Company Limited.

2014 – Listing of Thai Agro Energy Public Co., Ltd. in the Stock Exchange of Thailand

  • Thai Agro Energy Public Co., Ltd. was listed in the Stock Exchange of Thailand, and its 1,000 million ordinary shares was first traded on June 5, 2014.