• Mission We provide capital to help Emerging Customers and Emerging Enterprises grow in the grassroots Roots Economy.
  • Screening We invest in people to improve their livelihood.
  • Focus To understand our customer’s real information, our staff conduct in-person visits to all customer’s homes.
  • Rural We focus on rural communities which are globally home to 2.5 billion who lack access to financing.

News Reports & DATA

  • SET Announcements
  • Press Releases
  • Analyst Reports
  • Presentation Slides
  • Publications
  • Financial Information
  • Stock Information
  • Corporate Governance
  • IR Calendar
  • Shareholders’ Information
  • Investor Kits
  • Email Alert
Year :

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

Financial Highlights


  Consolidated financial statements Separate financial statements
  2019 2018 2017
(Restated)
2019 2018 2017
Profitability Ratio
Yield Rate (%) 32.59 34.57 29.15 31.75 34.81 31.20
Interest Rate (%) 5.18 4.93 5.48 5.10 4.89 5.42
Net Yield Rate (%) 27.41 29.54 23.72 26.65 29.93 25.78
Net Profit Rate (%) (0.86) 10.15 (53.96) 13.50 12.23 (74.43)
Return on Equity (%) (0.39) 5.15 (23.34) 4.60 4.37 (26.41)
Efficiency Ratio
Return on Total Assets (%) (0.16) 2.00 (10.23) 1.97 1.72 (11.39)
Total Assets Turn Over Ratio (Times) 0.18 0.20 0.19 0.15 0.14 0.15
Financial Policy Ratio
Ratio of Liability to Equity (times) 1.27 1.53 1.51 1.16 1.52 1.57
Ratio of Total Receivable to Loan from (times) 0.95 0.90 1.07 1.30 1.13 1.19
Dividend Rate (%) N/A N/A N/A N/A N/A N/A
Asset Quality Ratio
Ratio of Allowance for Doubtful Debt to Total Receivable (%) 23.56 21.71 19.91 9.43 7.57 4.62
Bad Debt to Total Receivable (%) 5.30 3.93 3.39 7.64 4.83 4.30
Ratio of Non performing loan to Total Receivable (%) 4.99 3.81 2.55 9.29 6.75 4.78

Financial Statements


Updated: 01 Oct 2020 (16:36)
SET Symbol: GL
Currency: THB
Change: -0.04
% Change: -1.28
Prior: 3.12
Open: 3.16
Last Done: 3.08
Volume (Shares): 8,027,500
Bid Price / Volume (Shares): 3.08 / 187,500
Sell Price / Volume (Shares): 3.10 / 306,300
Day's Range: 3.06 - 3.20
52 Weeks' Range: 2.26 - 5.60

Chart Type
Corporate Governance 2019
File Size : 564 KB.
Download

Corporate Governance Report of Thai Listed Companies 2019

Group Lease received a rating of "Very Good" in the scoring results in the CG Report 2018 by the Thai Institute of Directors (IOD)

The Company received a rating of "Very Good" in the corporate governance scoring results for Thai listed companies of year 2018. Currently, Thai listed companies are evaluated according to 5 main categories derived from the Organization for Economic Corporation and Development (OECD) principles of corporate governance that are Rights of Shareholders, Equitable Treatment of Shareholders, Role of Stakeholders, Disclosure and Transparency and Board Responsibilities.

Independent Director || Director || Group Executives

Independent Director

 

Mr. Skol Harnsuthivarin

Chairman of the Board of Directors
Chairman of the Audit Committee

Nationality Thai
Education Thai Barrister at Law, Institute of Legal Education
Bachelor of Law, Thammasat University
Position Secretary of Rice Inspector Committee to The Thai Chamber of Commerce and Board of Trade of Thailand

 

Mr. Pholdej Therdphithakvanij

Independent Director
Member of the Audit Committee

Nationality Thai
Education Ph.D (Civil Engineering) Lehigh Univ. USA
MD. (Construction Mgmt) Washington Univ., USA
MD. (Structure Engineering) Washington Univ., USA
Position Managing Director, Baka Engineering Co., Ltd.

 

Mr. Viboon Engkagul

Independent Director
Member of the Audit Committee

Nationality Thai
Education Bachelor of Laws, Chulalongkorn University
Position Lawyer, Internet Law Consultants Ltd.

 

Mrs. Sumalee Chokdeeanant

Independent Director
Member of the Audit Committee

Nationality Thai
Education MBA, Kasetsart University
Bachelor of Laws, Sukhothai Thammathirat Open University
Bachelor of Accounting, Thammasat university
Position Chairman of Audit Committee, Cigna insurance Pcl.

 

Mr. Troy Andrew Schooneman

Independent Director
Member of the Audit Committee

Nationality Thai
Education LL.B., Monash University
B.A. (Psychology), Monash University

Director

Mr. Tatsuya Konoshita

Director
Chief Executive Officer

Nationality   Japanese

Education    BA. (History), Osaka Univ.


Mr. Muneo Tashiro 

Director
Chief Operating Officer

Nationality   Japanese

Education    BA. (Faculty of Literature), Osaka Univ.


Mr. Alain Jean Pascal Dufes  

Director
Chief Financial Officer

Nationality   French

Education    Baccalauréat D‘Mathematics and Physical Sciences'
MONTPELLIER Academy France

Mr. Riki Ishigami 

Director

Nationality   Japanese

Education    LLB., Asia Univ., Tokyo


Mr. Yusuke Kozuma 

Director

Nationality   Japanese

Education    BA. (Planning Department) Osaka Univ., Japan


Mr. Tomohiko Shoji

Director

Nationality   Japanese

Education Sagamihara High School, Kanagawa-ken, Japan


Mr. Kaname Hashimoto

Director

Nationality   Japanese

Education BBA., Kwansei Gakuin Univ., Japan


 


 


Group Executives

Group Lease Public Company Limited (Thailand)
Thanaban Company Limited (Thailand)

Mr. Muneo Tashiro

Nationality Japanese

GL Finance Public Limited Company (Cambodia)

Mr. Riki Ishigami

Nationality Japanese

BG Microfinance Myanmar Co., Ltd. (Myanmar)
GL-AMMK Service Company Limited (Myanmar)
GL Leasing Company Limited (Laos)

Mr. Kaname Hashimoto

Nationality Japanese

Commercial Credit and Finance Public Limited Company (Sri Lanka)

Mr. Roshan S Egodage

Nationality Sri Lankan

Rational and Principle:

The Board of Group Lease Public Company Limited (the “Company”) realizes the importance of a business conduct with responsibility, ethical and transparency. Besides good performance and returns, the Company also concerns about conducting business under the corporate governance code as the Company believes that good corporate governance will enhance the sustainable growth of the Company and will enhance maximum value to all stakeholders such as shareholders, employees, suppliers, creditors, customers as well as society as a whole. Therefore, the Board has approved the Corporate Governance Policy with good practices towards the said stakeholders and the Code of Ethics for the Board and for Employees. In addition, the Company shall monitor and ensure the compliance to this Policy. Moreover, the Board also approved the Anti-Corruption Policy to be a part of the Company’s Code of Ethics in order to be a good practice for directors, executives and all employees.

 

Responsibilities of the Board:

  • Establish clear leadership role and responsibilities of the Board by strengthening Board effectiveness and defining objectives that promote sustainable value creation.
  • Ensure that the Company conducts its business with transparency, ethics, respecting the rights and responsibilities to the shareholders and all groups of stakeholders while being able to compete and successfully achieve good operating result including being resilience under various risk factors that might occur to the Company. 

Internal Control System:

  • Strengthen the effective risk management system and internal control in cooperation between the Board, the Audit Committee and the executives in order to conduct business in compliance with the good corporate governance principle by evaluating, reviewing and improving the effectiveness of the auditing/monitoring system regularly.

Nurture Innovation for work:

  • Nurture new innovation such as using new information technology to support employees in performing their duties or providing service to customers or suppliers as appropriate based on ethics, responsibilities to all relevant stakeholders and create sustainable value to the Company.

Development of Human Resources:

  • Ensure good personnel management in the field of development and education of operation and allocation of compensation and benefits that are suitable to duties and responsibilities in order to motivate and in line with the direction and strategy of the Company.

Transparency:

  • Conduct business with transparency and ensure financial integrity by disclosing information required by law, regulation and stipulation issued by the relevant regulators.

Conflict of Interest:

  • Monitor transactions which may cause conflict of interest or involve conflict between departments and ensure transparency and fairness without focusing on the interests of any one party.

Responsibilities to Society and Environment:

  • Promote or support participation in activity that will build good relationship between the Company and internal and external stakeholders of the Company including supporting arranging activity to help society and save environment.

Right and Equality:

  • Respect legal right of shareholders by treating them fairly and equally such as the right to profit sharing from the Company, the right to receive sufficient and equal information about the Company, right to attend the Shareholders’ Meeting to exercise voting in order to ensure that shareholders are involved in making decision on important matters of the Company, etc.

      Good Corporate Governance:

  • Enhance responsibilities towards all groups of stakeholders and society by encouraging directors, executives and employees to perform their duties in compliance with laws, business code of ethics and corporate governance code.

Role and Responsibility towards Shareholders:

To carry out our missions transparently with integrity and any decision making is done base on trustworthiness and fairness to the shareholders both major and minor shareholders and for the best interest of all concerned groups as a whole. 

  • Manage the Company’s business to the best prosperity, stability and contribute appropriate and regular returns to the shareholders.
  • Carry out missions professionally to the best capacity and with due care.
  • Report to the shareholders the Company’s accurate financial status equally, regularly and completely.
  • Shall not disclose the Company’s confidential information to others on bad faith.
  • Shall not do any action that might lead to conflict of interest with the Company.
  • Perform mission in awareness of current and potential risk.
  • Operate business with transparency.

Role and Responsibility towards Employees:

  • Maintain a hygienic working environment, safe and sound for life and property of employees.
  • Provide reasonable remunerations to the employees in relation to their experience, knowledge, ability, responsibility and work performance in comparable with other leading companies.
  • The appointment and transfer as well as rewarding and penalties of the employees shall be done fairly and impartially base on the caliber and performance of such employee.
  • Treat employees with mercy and justice. Take care of their hygiene and respect their individuality and human dignity.
  • Emphasize on the importance of development and training of knowledge and skill to the employees by providing thorough and regular opportunity to all employees.
  • Strictly comply with the laws and other rules with regards to the employees.
  • Encourage employees’ participation in determining the directions of business and problem solving of the Company.
  • Listen to the opinion and suggestions of the employees in all levels equally and impartially.
  • Provide whistle blowing channels to the employees.

Role and Responsibility towards Customers:

  • Treat all customers equally and strive to provide services to all groups of customers fairly.
  • Fulfill and comply with the agreement or other conditions engaged with the customers.  In case of the inability to comply, notice or negotiation should be done in advance in order to find mutual solutions and to prevent future damage.
  • Determine to build satisfaction and confidence to the customers to ensure that they will receive excellent quality services with security and proper technology which standard will be constantly and intensely upgraded.
  • Disclose our services information completely, accurately and timely without any distortion while maintaining sound and sustainable relationship with the customers.
  • Organize our service providing system efficiently so that complaints can be filed and solutions can be handled instantly and satisfactorily.
  • Operate business with possible reasonable cost while maintaining standardized services.
  • Strongly emphasize on the keeping of customers’ information confidential and never use them for personal or related person’s interest.
  • Do not disclose customers’ information obtained from business operation which is normally concealed unless it is disclosed by duty or law.
  • Do not solicit, receive or offer any benefits to customers on bad faith.

Role and Responsibility towards Suppliers:

  • Fulfill and comply with the agreement or other conditions engaged with the suppliers.  In case of the inability to comply, notice or negotiation should be done in advance in order to find mutual solutions and to prevent future damage.
  • Treat suppliers equally, transparently and fairly on the basis of mutual returns for both parties.
  • Do not solicit, receive or offer any benefits to suppliers on bad faith.
  • Assess suppliers on a regular basis to promote mutual sustainable business relationships.

Role and Responsibility towards Creditors:

  • Fulfill and comply with the agreement or other conditions engaged with the creditors regarding the repayment, custody of collateral and other criteria.  In case of the inability to comply, notice or negotiation should be done in advance in order to find mutual solutions and to prevent future damage.
  • Report the correct financial information of the Company to all creditors completely, timely and regularly.
  • Do not solicit, receive or offer any benefits to creditors on bad faith.

Role and Responsibility towards Business Competitors:

  • Act within good competitive framework.
  • Shall not seek undisclosed business information of the competitors by illegal, improper or inappropriate method.
  • Shall not destroy business competitor’s reputation with false statements or without truth.

Role and Responsibility towards Society and Environment:

  • Organize or participate in Corporate Social Responsibility activities that will contribute to society and the environment on a regular basis in order to return profits to society.
  • Give importance to the activities in the community and society especially in terms of society, community and environmental development including the conserving of natural resources and the supporting of public activities, etc.
  • Continuously encourage awareness of social and environmental responsibilities in the Company and in all levels of employees.
  • Coordinate and manage to have the related laws and regulations complied strictly.
  • React immediately and efficiently to the incidents that have impact on the environment and community which arising from the Company’s operation by fully coordinating with the government officer or other related organization.
  • Adhere to democracy and encourage employees to exercise their voting rights under the constitution.
  • Be neutralized by not doing any action which shows special concentration in any one political party.

Role and Responsibility towards Government:

  • Plan the Company’s operation to be in line with the rules and regulations of the government.
  • Strictly comply with the law and regulations of relevant authorities.

The Company anticipates for the Board of Directors to work under best code of ethics framework to contribute to the utmost interest of the Company and all of its stakeholders within the following code of ethics framework:

  • Carry out duties in compliance to the law, regulations, objectives and Articles of Association of the Company, as well as the shareholders’ resolutions.
  • Manage business operation with transparency and integrity which contributing to the interest of all existing and future stakeholders as well as maintaining the good corporate image.
  • Manage business operation without concentrating in politics or being under political influence and strictly being neutralized.
  • Have no conflict of interest in the business that competes with the Company’s business both directly or indirectly.
  • Manage business operation by avoiding personal conflict of interest with the Company’s interest so that the management is done effectively and efficiently.  Such interests including:
    • Not seeking unlawful benefit from duty performing both directly and indirectly.
    • Perform duties with transparency and being neutral. Do not participate or vote in the Board of Directors’ meeting while considering or making decision on the matters which one has conflict of interest except to present the necessary information to the Meeting only and does not influence or mislead others to make decision for one’s own benefits.
    • Do not disclose commercial secrets or other confidential information of the Company and do not disclose such information or such documents after resigning from the Company as well.
    • Shall not be a director in the company which is the commercial competitor of the Company.
    • Have no benefits or any conflict of interest from the contracts engaged by the Company or inform about the said interest in advance to the Chairman of the Board or the Shareholders’ Meeting and ensure that the Company has a sound process for considering the connected transaction according to the rules and regulations.
    • Shall not accept any cash or assets or any other benefits which are contrary to against the interest of the Company for personal and/or family’s interest, such as  entertainment, gifts, travelling tickets or other entertainment tickets, leisure program, accommodations or other personal offerings, etc. in which the proposer anticipates some commercial benefits from the Company.
    • Carry out duties to the best capacity and devote sufficient time for the best interest of the Company which includes the duty during the Board of Directors’ Meeting as well as other committees’ meetings.
    • The Company’s directors and its family members must not be a shareholder or acquire benefits from the Company’s competitors or other business enterprises including dealers/suppliers that may have conflict of interest with the Company.  However, in the case that such company, business enterprises or such persons having securities listed on the Stock Exchange of Thailand, the securities purchased through the SET or the investment via mutual fund is not considered having conflict of interest with the Company’s interest as long as it does not have any impact on the carrying out of their duties for the Company.
    • Shall not do any action especially in the form of management of other company’s business which might be against the Company’s benefits or provide any advantage to an individual or juristic person either for one’s own benefit or others.
    • Shall not utilize inside information for one’s own or one’s family benefit in buying or selling of the Company’s securities or disclose such inside information to others for the purpose of buying or selling of the Company’s securities.

Employees’ Self-Conduct:

  • Seek more knowledge and experience in order to improve oneself in terms of knowledge and skills which can enhance the working capacities more effectively and efficiently.
  • Adhere to moral principle and must not solicit for undeserved position or any other wrongful benefits from the supervisor or other persons.
  • Avoid all kinds of malicious addictions and behavior that might lead to the deterioration of one’s own as well as the Company’s dignity and reputation. For example, do not get involve in too much debt, stay away from all kinds of gambling and never get involved in any type of drugs, etc.
  • Shall not involve in any profession or action which might adversely impact one’s own duties or reputation and the Company’s reputation.
  • Avoid having financial obligations with the persons/entities having commercial relationship with the Company or among other employees which includes the lending and borrowing of money, asking for donation, discounting cheques, etc. except doing for charity and public activities purposes.

Employees’ Roles towards the Company:

  • Carry out duties with integrity and prudent by dedicating oneself, both physically and mentally, significantly for the best interest of the Company.
  • Carry out duties diligently and always seek ways to develop and improve one’s performance to always maintain efficiency.
  • Having discipline and always comply with the Company’s rules and regulations, Company’s value, culture whether prescribed verbally or in writing.
  • Maintain one’s own dignity to be acceptable by others in society and also not doing anything that might ruin the Company’s image and reputation.
  • Utilize and conserve the Company’s resources to the best interest, maintenance them and never use them for personal interest.
  • Employees are forbidden to participate in any transaction/action or to conceal the transaction/action which has conflict of interest with the Company or which might prevent them from carrying out duties fairly or participate in the concealing of any illegal transaction/action.
  • Shall not involve in any financial obligations or incur any financial obligation with other persons who have the duties or business relationship with the Company.
  • Carry out duties in accordance with the health, safety and work environment policies
  • Do not use one’s own authority or allow others to exploit the authority directly or indirectly to seek for one’s own or the other person’s interest improperly.
  • Possess good conscience, commitment and collective responsibilities towards the Company in carrying out duties in compliance with the Company’s set objectives under the health, safety and work environment policies by strictly complying with the related policy, rules, regulations and directions.
  • Strictly secure the Company’s confidentiality in terms of the leakage of the inside information or confidential documents of the Company that might incur damages to the Company..
  • Being prudent in expressing opinions to external parties especially those issues that may affect the reputation and business operation of the Company.

Employees’ Roles towards other Employees:

  • Encourage teamwork by providing coordination, assistance to each other for the overall interest of the Company.
  • Treat co-workers with politeness, generosity, good human relationship.  Adapt oneself to be able to get along well with others and do not conceal information necessary in carrying out duties of the co-workers.
  • Respect others by not stealthily claiming other’s achievement as one’s own performance.
  • The supervisor should be respectful and become good example for the subordinates
  • The subordinates should treat their supervisor respectfully.
  • The subordinates shall listen to the supervisor’s suggestions and always pay respects to them and be polite to other employees in higher position.  
  • Avoid gossiping other employee’s story both in terms of the work and personal issues or criticizing in such a way that it might destroy individual employee or ruin the Company’s image as a whole.
  • Maintain and create unity among colleagues and do not do anything that is immoral to other employees.
  • Do not take any action that constitute sexual harassment against other employees as such action might lead to nuisance or undermine morale in the work environment, encouraging enemy or aggressiveness as well as interrupting the work of other employees unreasonably.  Such behavior includes indecent actions or sex harassment whether verbally or physically.

Employees’ Roles towards Customers, Related Parties, Environment and Society: 

  • Perform duties with integrity and being ethical when dealing with customers, competitors and socials.
  • Treat customers fairly and without discrimination.
  • Do not abuse customers’ confidential information obtained from business operation which in normal course of action shall be kept as secret and not to be disclosed for one’s own or any third parties’ benefit except disclosed with prior consent from the customers or required by law or duty.
  • Provide information of products or services of the Company accurately and clearly without misleading on material information.
  • Must comply with the Anti-Corruption Policy and never engage in offering or soliciting bribes whether in the form of gifts or other benefits and must not do, assist or support any action that is against the law and related notification.
  • Participate or support activities for public welfare to help create and develop society and conserve environment as appropriate.
  • Behave oneself in compliance to the law and avoid any actions that may cause damage to others.

Conflict of Interest:

  • Employees and family must not acquire any benefit or being the shareholder of the company which is the commercial competitor of the Company or any other businesses including dealers/suppliers that the Company is dealing business with.  However, in the case that such company, business or such persons having securities listed on the Stock Exchange of Thailand, the securities purchased through the SET or the investment via mutual fund is not considered having conflict of interest with the Company’s interest unless it has an impact on the carrying out of their duties for the Company.
  • Employees and family must not do any action which may hinder the Company’s interest whether by dealing with the persons having business relationship with the Company such as dealers, suppliers, customers, competitors or by exploiting the opportunity or information acquired from their duties to seek personal benefit or to operate the business in competition with the Company’s business or to do the duties which do not belong to the Company’s assignment which may impact their performance.  
  • Employees must perform duty with transparency including being ready at all time for performance auditing by the Company, the group companies or other related agencies.
  • Employees must not work either as a full time or temporary employee in other companies which have the same type of business as the Company or compete with the Company’s business or that have a conflict of interest with the Company.
  • Directors and Executives are required to submit a report on interest of directors, executives and related persons in the format specified by the Company when first appointed by the Company and report again whenever there is any change.

Confidentiality:

  • Shall not disclose or abuse the Company’s confidential information by keeping secret and ensuring that the confidential information or document does not leak out to irrelevant persons which might cause damage to the Company except it is required by law, regulation, term or condition binding upon the Company to disclose. Moreover, employees shall not exploit the Company’s information acquired on duty for one’s own or others’ interest.
  • Avoid making comments or opinion to outsiders or the media on the Company’s issues without having the authority or duty to do so or comment on any other matters that might have impact on the Company’s image and operation.

Financial Reporting and Internal Control System:  

  • Financial report should be done accurately, completely, timely and reliably according to the generally accepted accounting standard.
  • Set up effective internal control system to ensure that the Company has complied to its standard rules and regulations and related laws.

Procurement: 

  • Act in a neutralized manner in dealing business with all dealers/suppliers in order not to be accused of offering special favor to a particular dealer/supplier which may lead to unfair decision on procurement, auction or negotiation process,  etc.
  • Procurement and outsourcing of the Company must be done under the set policy which is in line with the Good Corporate Governance Principle and the procurement and outsourcing will be carried out strictly in accordance with the rules and procedures currently enforced while doing the Procurement and Outsourcing.
  • Provide correct unambiguous information to the dealers/suppliers so that it does not rush them to make decision by misunderstanding or by getting correct but not enough information that should be provided.
  • Do not accept any gifts, invitation to a feast or reception from the dealers/suppliers which especially arranged in private or particular group including the invitation to a business trip or any other activities that the dealers/suppliers offer to make financial support so as to avoid any scandal and to protect against any probability to make compensation or give special favor in return for such gifts or financial support.
  • Shall not anticipate or ask for any compensated benefits either privately or in groups from the dealers/suppliers in whatever opportunity or situation and never accept bribes in whatever forms.
  • Only those vendors/suppliers who have the suitable qualifications and have the intention and capability to accept the procurement deal shall be invited to submit procurement proposals and those who do not have the qualification should not be invited just only to be used as bargaining tool with other vendors/suppliers.  If only the proposal is needed for cost projection or budgeting purposes, such purpose should be informed clearly in advance.
  • Provide clear and correct bidding criteria and treat all suppliers/bidders equally.  Additional information, once asked and given to any one bidder, should be given to the others as well.  If a bidder asks for postponement of proposal submission date, the other bidders should be informed of the new proposal date immediately as well.
  • The bidding price as well as other technical information received from the participated bidders should be kept confidential and should not be disclosed to the other party. 
  • Procurement process should be done fairly and honestly without any improper influence.
  • Provide reasonable time to vendors/suppliers during procurement process so that they will have sufficient time to procure or produce and provide us with sufficient and quality goods and services.

Giving or Receiving Gifts, Properties or any other Benefits or Entertainment:  

  • Employees and family must not request, receive or be allowed to receive money, properties or any other benefits from the persons dealing business with the Company.
  • Gifts giving or receiving is allowed conventionally but such giving and receiving should not have any impact on any commercial decision making in relation to the Company’s business.
  • Gifts can be given or received in the name or on behalf of organization to organization, e.g. gifts bestowed upon business contract signing and such gifts shall become the property of the Company and should be forwarded to the Human Resources Department for proper management, perhaps, by a lucky draw among the employees, donation, etc.  In the event that such gifts have higher value than 2,000 Baht, the head of the Department who received the gifts should be consulted to seek appropriate practice and to ensure that such gifts are not intended to influence on a particular decision making.
  • Shall not accept the feast invitation which is unreasonable or has overvalued if compared to the normal relationship from a person who has the duty or business with the Company.
  • Avoid giving any gifts to supervisor or receiving gifts from subordinate except it is on traditional festival and its value must not be too high.

Insider Trading:  

  • Shall not use inside information for one’s own interest in trading Company’s shares or disclose inside information to other persons for trading of Company’s share. Those who violate the rule by disclosing the non-public financial information or other non-financial information that may have impact on the Company’s share or using such information in buying or selling the Company’s share are subject to disciplinary action and penalty according to the Securities & Exchange Act, Section 296 which is 2 years of imprisonment or a fine of not more than double of the received benefits but not less than 500,000 Baht or both fine and imprisonment.
  • Employees or executives who work on or who can access to the operating result or financial statement reporting of the Company and/or the significant inside information which has impact on the Company’s share price including their family members shall suspend buying or selling of the Company’s shares 30 days prior to the financial statement disclosure or from the date of becoming aware of such inside information until 24 hours after the Company discloses the information to public on the SET system.
  • Directors and executives are required to report the shareholding and the changing of the Company shares of themselves, their spouse and minor children to the Securities & Exchange Commission according to Section No. 59 and the penalty Section No. 275 of the Securities & Exchange Act B.E 2535 (including any relevant amendment) and acknowledge the Company Secretary without delay or within 3 working days of execute date. The shareholding report shall be acknowledged in the next Board of Directors’ meeting.

Information Technology Usage:  

  • Avoid using illegal or immoral internet site or forward the information and message of such internet site to others.
  • Avoid sending e-mail which interferes with the Company’s operation or creates nuisance or violates the Company’s rules, laws or moral.
  • Those employees who have special right to access other’s e-mail content can do so only after acquired prior approval from the authorized person.  Those who access the content of other people's e-mail without permission will be subject to disciplinary action.
  • Employees must not disclose the password to access any of the Information Technology Systems of the Company to other employees or other unauthorized persons.

It is the duty and responsibility of the directors, executives and employees to acknowledge understand and comply strictly with the Company’s Code of Ethics while performing duties.

It is also the duty and responsibility of the executives or supervisor in all levels to monitor and be responsible to ensure that their subordinates have clearly acknowledged, understood and strictly complied with the Code of Ethics.

In case of any unclear practice, the supervisor according to supervision line or Human Resources or Internal Audit Manager should be consulted to ensure the appropriate compliance.

Business Code of Ethics of the Company is considered to be one of the disciplines in which all directors and employees have to comply strictly. Disciplinary action shall be put against those employees who violate or do not comply with the Business Code of Ethics in accordance with the Work Rules and Regulations Manual of the Company B.E. 2559 (or the currently applied version) under Employees Disciplinary Action Section.

This Business Code of Ethics (Amended no. 1) is effective on 17 March, 2020

IR Calendar

  1. Date Event
    3 August 2020 AGM 2020
  2. Date Event
    23 April 2019 AGM 2019
  3. Date Event
    26 April 2017 AGM 2017
  4. Date Event
    6 December 2016 EGM 2/2016
    24 June 2016 EGM 1/2016
    23 May 2016 แถลงข่าว GL จับมือ J Trust Asia รุกธุรกิจดิจิทัลไฟเเนนซ์ในภูมิภาคอาเซียน
    13 May 2016 แถลงข่าว GL โชว์กำไรทุบสถิติทำ new high ชู vision ผู้นำดิจิทัลไฟเเนนซ์ในอาเซียน
    28 April 2016 AGM 2016
    15 February 2016 แถลงข่าว GL รุกใหญ่ตลาด CLMV+I ทุบสถิติกำไร
    15 February 2016 Analyst Briefing
  5. Date Event
    10 November 2015 Analyst Briefing
    14 August 2015 Analyst Briefing
    27 April 2015 AGM 2015
    13 February 2015 Analyst Briefing
  6. Date Event
    19-25 February 2014 Exercise period of GL-W3 (No. 2)
    22-28 January 2014 Exercise period of GL-W3 (No. 1)
  7. Date Event
    18-24 December 2013 Exercise period of GL-W2 (No. 5)
    8 November 2013 Extraordinary General Meeting No. 1/2013
    19-25 September 2013 Exercise period GL-W2 (No. 4)
    17 September 2013 Signing Ceremony with KBANK
    5 September 2013 Signing Ceremony with Siam Kubota Corp.
    27 August 2013 Analyst Meeting
    19-25 June 2013 Exercise period GL-W2 (No. 3)
    26 April 2013 AGM 2013
    26 April 2013 Analyst Meeting
    20-26 March 2013 Exercise period GL-W2 (No. 2)
  8. Date Event
    11 December 2012 Opportunity Day
    25 October 2012 The Extraordinary General Meeting of Shareholders No. 2/2012
    12 September 2012 The Extraordinary General Meeting of Shareholders No. 1/2012
    27 April 2012 The Annual General Meeting of Shareholders 2012

Rights & Benefits


X-Date Sign Benefit Detail
29 March 2018 XM

Book Closing Date : -
Record Date : 30 Mar 2018
Meeting Date : 26 Apr 2018 10:00
Agenda : Omitted dividend payment,Changing the director(s)
Type of Meeting : AGM
Venue : Miracle Grand Convention Hotel, Magic 2 Room, 2nd floor, No. 99 Kamphaeng Phet 6 Rd, Laksi, Bangkok 10210

04 May 2017 XD

Book Closing Date : 11 May 2017
Payment Date : 25 May 2017 00:00
Dividend per Share(Baht) : -
Operation Period : 01 Jan 2016 - 31 Dec 2016
Source of Dividend : Net Profit
Remark

30 Mar 2017 XM

Book Closing Date : 04 Apr 2017
Meeting Date : 26 Apr 2017 10:00
Agenda : Dividend payment
Type of Meeting : AGM
Venue : The Miracle Grand Convention Hotel, Grand BC, 4th floor, No. 99 Kamphaeng Phet 6 Rd, Laksi, Bangkok 10210

10 Nov 2016 XM

Book Closing Date : 15 Nov 2016
Meeting Date : 06 Dec 2016 10:00
Agenda : Capital increase,Acquisition and disposition of assets,Connected transaction,The issuance of convertible securities,1. Amendment of use of proceeds from the previously issued convertible debenures2. Amendment of Articles of Associations
Type of Meeting : EGM
Venue : The Miracle Grand Convention Hotel, Magic 2 Rm, 2nd fl, No. 99 KamphangPetch 6, Laksi, Bangkok 10210

30 Jun 2016 XW

Book Closing Date : 06 Jul 2016
Subscription Period :
Price : -
Ratio (Holding:New) : 9 : 1
Condition : -
Remark

27 May 2016 XM

Book Closing Date : 01 Jun 2016
Meeting Date : 24 Jun 2016 09:00
Agenda : Capital increase,The issuance of convertible securities
Type of Meeting : EGM
Venue : Miracle Grand Convention Hotel, Grand A Room, 4th floor No. 99 Kamphang Phet 6 Lak si Don Muang Bangkok 10210

09 May 2016 XD Book Closing Date : 12 May 2016
Payment Date : 26 May 2016 00:00
Dividend per Share(Baht) : 0.156
Operation Period : 01 Jan 2015 - 31 Dec 2015
Source of Dividend : Net Profit
Remark
28 Mar 2016 XM Book Closing Date : 31 Mar 2016
Meeting Date : 28 Apr 2016 10:00
Agenda : Dividend payment,The issuance of debentures
Type of Meeting : AGM
Venue : Miracle Grand convention Hotel, Magic 2 Rm, 2nd fl., No. 99 Khampang Phet 6, Lak si, Don Muang, Bangkok 10210
07 May 2015 XD Book Closing Date : 12 May 2015
Payment Date : 26 May 2015 00:00
Dividend per Share(Baht) : 0.0625
Operation Period : 01 Jan 2014 - 31 Dec 2014
Source of Dividend : -
Remark
25 Mar 2015 XM Book Closing Date : 30 Mar 2015
Meeting Date : 27 Apr 2015 13:00
Agenda : Dividend payment
Type of Meeting : -
Venue : Ballroom 1 Room, 3rd fl., The Emerald Hotel-Bangkok, No. 99/1, Rachadapisek Rd.,Din Daeng, Bangkok 10320
08 May 2014 XD Book Closing Date : 14 May 2014
Payment Date : 28 May 2014 00:00
Dividend per Share(Baht) : 0.0568
Operation Period : 01 Jul 2013 - 31 Dec 2013
Source of Dividend : -
Remark

General Information
Company Name : Group Lease Public Company Limited (GL)
Location : 63 Soi 1 Thetsabannimitrtai Road,Ladyao, Chatuchak, Bangkok 10900.
Core Business : Hire purchase Business and Holding entity
Registration Number : 0107537000327 (old number Bor Mor Jor. 279)
Telephone : +662 (0) 2580-7555
FaX : +662 (0) 2954-2902-3
Home Page : www.grouplease.co.th / www.grouplease.international
E-mail : glpcl@grouplease.co.th / ir@grouplease.co.th
Registered Capital : 922,545,040.00 Baht divided into 1,845,090,080 ordinary shares at 0.50 Baht par value
Paid-up Capital : 762,769,079 Baht divided into 1,525,538,158 ordinary shares (as of 30 December 2019)
Free Float As of 02/04/2019
Minor Shareholders (Free float) 7,384
% Shares in Minor Shareholders (% Free float) 37.03

Remark: Updated as of the latest book closing date.

Overview As of 01/07/2563 Rights Type : XM
Total Shareholders 7,675
% Shares in Scripless Holding 90.02
Rank Major Shareholders # Shares % Shares
1. ENGINE HOLDINGS ASIA PTE. LTD. 402,565,553 26.39
2. บริษัท ไทยเอ็นวีดีอาร์ จำกัด 260,366,444 17.07
3. SIX SIS LTD 185,852,842 12.18
4. บริษัท เอ.พี.เอฟ. โฮลดิ้งส์ จำกัด 157,911,191 10.35
5. UOB KAY HIAN PRIVATE LIMITED 102,450,000 6.72
6. บริษัท ศูนย์รับฝากหลักทรัพย์ (ประเทศไทย) จำกัด เพื่อผู้ฝาก 73,017,803 4.79
7. นาย เจษฎา เลิศนันทปัญญา 33,356,200 2.19
8. CITIBANK NOMINEES SINGAPORE PTE LTD-THAI FOCUSED EQUITY FUND LTD 31,825,440 2.09
9. นาง โสภา พฤกษ์ดำรงชัย 10,647,600 0.7
10. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 9,292,096 0.61
Select Year :
Annual General Meeting
Title Download
Agenda Proposal
Annual General Meeting Agenda Proposal 2021
Annual General Meeting
Title Download
Minutes of the Annual General Meeting 2020
Minutes of the 2020 Annual General Meeting of Shareholders
Notice of the 2020 Annual General Meeting (Invitation)
Invitation for the Annual General Meeting of Shareholders FY 2020
Copy of the Minutes of the Annual General Meeting of Shareholders FY2019
Profile of Directors who will retire by rotation and to be re-elected
Brief profile of the Certified Public Accountant
Proxy
  • Proxy Form B
  • Proxy Form C
The Company’s Articles of Association in relation to the AGM
Identification Documents of shareholders and proxies
Guideline for attending the meeting to protect the outbreak of Coronavirus 2019 (COVID-19)
QR code downloading procedure for Annual Report
Map of the Meeting venue
Agenda Proposal
Annual General Meeting Agenda Proposal 2020
Annual General Meeting
Title Download
Webcast of the 2019 Annual General Meeting of Shareholders
Minutes of the Annual General Meeting 2019
Minutes of the 2019 Annual General Meeting of Shareholders
Notice of the 2019 Annual General Meeting (Invitation)
Invitation for the Annual General Meeting of Shareholders FY 2019
Copy of the Minutes of the Annual General Meeting of Shareholders FY2018
Profile of Directors who will retire by rotation and to be re-elected
Brief profile of the Certified Public Accountant
Proxy
  • Proxy Form B
  • Proxy Form C
The Company’s Articles of Association in relation to the AGM
Identification Documents of shareholders and proxies
QR code downloading procedure for Annual Report
Map of the Meeting venue
Agenda Proposal
Annual General Meeting Agenda Proposal 2019
Annual General Meeting
Title Download
Minutes of the Annual General Meeting 2018
Minutes of the 2018 Annual General Meeting of Shareholders
Notice of the 2018 Annual General Meeting (Invitation)
Invitation for the Annual General Meeting of Shareholders FY 2018
Copy of the Minutes of the Annual General Meeting of Shareholders FY2017
Detail of Directors who will retire by rotation and to be re-elected and detail of the nominated Director to replace the vacant position
Detail of the Nominated Director to be newly appointed
Announcements in relation to the Amendment of the Company’s Articles of Association
Proxy
  • Proxy Form B
  • Proxy Form C
The Company’s Articles of Association in relation to the AGM
Identification Documents of shareholders and proxies
Map of the Meeting venue
Agenda Proposal
Annual General Meeting Agenda Proposal 2018
Annual General Meeting
Title Download
Minutes of the Annual General Meeting 2017
Minutes of the 2017 Annual General Meeting of Shareholders
Notice of the 2017 Annual General Meeting (Invitation)
Invitation for the Annual General Meeting of Shareholders FY 2017
Proxy
  • Proxy Form B
  • Proxy Form C
Agenda Proposal
Annual General Meeting Agenda Proposal 2017
Extraordinary General Meeting
Title Download
Minutes of the Extraordinary General Meeting
Minutes of the Extraordinary General Meeting of Shareholders No. 2/2016
Notice of the Extraordinary General Meeting
Invitation for the Extraordinary General Meeting of Shareholders No. 2/2016
Certify the Minutes of the Extraordinary General Meeting of Shareholders No. 1/2016 held on 24 June, 2016
Opinion of the Independent Financial Advisor
Opinion of the Board of Directors and Audit Committee on the Independent Financial Advisor's Report
Proxy Form B
Proxy Form C
Annual General Meeting
Title Download
Minutes of the Annual General Meeting 2016
Minutes of the 2016 Annual General Meeting of Shareholders
Notice of the 2016 Annual General Meeting (Invitation)
Invitation for the Annual General Meeting of Shareholders FY 2016
Proxy
  • Proxy Form B
  • Proxy Form C
Agenda Proposal
Annual General Meeting Agenda Proposal 2016
Annual General Meeting
Title Download
Minutes of the Annual General Meeting 2015
Minutes of the 2015 Annual General Meeting of Shareholders
Notice of the 2015 Annual General Meeting (Invitation)
Invitation for the Annual General Meeting of Shareholders FY 2015
Copy of the Minutes of the Annual General Meeting of Shareholders 2014
Director’s Annual Report for the year 2014
Brief Profiles of Directors who will retire by rotation and to be re-elected
Details of Substantial Preliminary Information of Convertible Debentures
Capital Increase Report Form (Form 53-4)
Proxy
  • Proxy Form B
  • Proxy Form C
The Company’s Articles of Association in relation to the AGM
Identification Documents of shareholders and proxies
Map of the Meeting venue
Agenda Proposal
Annual General Meeting Agenda Proposal 2015
Annual General Meeting
Title Download
Minutes of the Annual General Meeting 2014
Minutes of the 2014 Annual General Meeting of Shareholders
Notice of the 2014 Annual General Meeting (Invitation)
Invitation for the Annual General Meeting of Shareholders FY 2014
Minutes of the Extraordinary General Meeting of Shareholders No. 1/2013
Brief Profile of Directors who will retire by rotation and to be re-elected
Details of the Company's shares repurchase project for financial management purposes
Proxy Form B
Proxy Form C
The Company's Articles of Association in relation to the AGM
Identification Documents of shareholders and proxies
Map of the Meeting place
Agenda Proposal
Annual General Meeting Agenda Proposal 2014
Extraordinary General Meeting
Title Download
Minutes of the Extraordinary General Meeting
Minutes of the Extraordinary General Meeting of Shareholders No. 1/2013
Notice of the Extraordinary General Meeting
Invitation for the Extraordinary General Meeting of Shareholders No. 1/2013
Proxy Form B
Annual General Meeting
Title Download
Minutes of the Annual General Meeting 2013
Minutes of the 2013 Annual General Meeting of Shareholders
Notice of the 2013 Annual General Meeting (Invitation)
Invitation for the Annual General Meeting of Shareholders FY 2013
Minutes of the Extraordinary General Meeting of Shareholders No. 2/2012
Brief Profile of Directors who will retire by rotation and to be re-elected
Letter of Contribution
The Company’s Articles of Association in relation to the AGM
Documents or evidences verifying the identity of the shareholder or a representative of the shareholder entitle to attend the meeting
Proxy Form B
Map of venue for the Annual General Meeting
Agenda Proposal
Annual General Meeting Agenda Proposal 2013
Extraordinary General Meeting
Title Download
Notice of the 2012 Extraordinary General Meeting
Invitation for the Extraordinary General Meeting of Shareholders No. 2/2012
Proxy Form B No.2/2012
Invitation for the Extraordinary General Meeting of Shareholders No. 1/2012
Annual General Meeting
Title Download
Minutes of the Annual General Meeting 2012
Minutes of the 2012 Annual General Meeting
Notice of the 2012 Annual General Meeting
Invitation Notice To Annual General Shareholders Meeting 2012
Proxy Form B
Annual General Meeting
Title Download
Minutes of the Annual General Meeting 2011
Minutes of the 2011 Annual General Meeting
Notice of the 2011 Annual General Meeting
Invitation Notice To Annual General Shareholders Meeting 2011
Annual General Meeting
Title Download
Minutes of the Annual General Meeting 2010
Minutes of the 2010 Annual General Meeting
Notice of the 2010 Annual General Meeting
Invitation Notice To Annual General Shareholders Meeting 2010
Annual General Meeting
Title Download
Minutes of the Annual General Meeting 2009
Minutes of the 2009 Annual General Meeting
The dividend payment policy of Group Lease Public Company Limited states that dividend shall be pay not less than 40 percent from the net profit after tax and other legal reserves.

In considering the dividend payment, other factors such as The Company’s operating result, financial position and liquidity should also be taken into the consideration. Payment of dividend has to be considered and approved by the shareholders. However, the Board of Directors is able to approve interim dividend payment and the shareholders shall be acknowledged in the next shareholders’ meeting.

Dividend policy of the Company’s subsidiary is to pay dividend from the net profit from the operating result after tax and other legal reserves. The Board of each subsidiary shall consider from the profit from operating result, financial condition and fund requirement and propose to the shareholder for dividend payment approval.

Board Date X-Date Payment Date Dividend Type Dividend (Baht/Share) Operation Period
17/03/20 - - No Dividend 0.00 01/01/19-31/12/19
18/03/19 - - No Dividend 0.00 01/01/18-31/12/18
16/03/18 - - No Dividend 0.00 01/01/17-31/12/17
20/03/17 05/05/17 25/05/17 Cash Dividend 0.274 01/01/16-31/12/16
15/03/16 09/05/16 26/05/16 Cash Dividend 0.1560 01/01/15-31/12/15
06/03/15 07/05/15 26/05/15 Cash Dividend 0.0625 01/01/14-31/12/14
24/03/14 08/05/14 28/05/14 Cash Dividend 0.0568 01/07/13-31/12/13
27/08/13 12/09/13 25/09/13 Cash Dividend 0.11 01/01/13-30/06/13
12/03/13 03/05/13 23/05/13 Cash Dividend 0.1020 01/01/12-31/12/12
12/03/13 03/05/13 23/05/13 Stock Dividend 5.4466230936 : 1 01/01/12-31/12/12
12/03/13 26/03/13 11/04/13 Cash Dividend 1.00 01/01/12-30/09/12
22/08/12 05/09/12 20/09/12 Cash Dividend 1.45 01/01/12-30/06/12
13/02/12 No Dividend 0.00 01/01/11-31/12/11
13/02/12 24/02/12 09/03/12 Cash Dividend 0.64 01/07/11-30/09/11
14/09/11 03/10/11 13/10/11 Cash Dividend 1.67 01/01/11-30/06/11
04/03/11 26/04/11 12/05/11 Cash Dividend 0.89 01/10/10-31/12/10
09/12/10 20/12/10 30/12/10 Cash Dividend 1.50 01/04/10-30/09/10
16/06/10 05/07/10 15/07/10 Cash Dividend 0.86 01/01/10-31/03/10
17/02/10 27/04/10 13/05/10 Cash Dividend 0.70 01/10/09-31/12/09
11/11/09 24/11/09 09/12/09 Cash Dividend 0.70 01/01/09-30/09/09
10/07/09 21/07/09 30/07/09 Cash Dividend 0.84 01/07/08-31/12/08
22/04/09 No Dividend 0.00
21/08/08 02/09/08 19/09/08 Cash Dividend 0.25 01/01/08-30/06/08
25/02/08 08/04/08 02/05/08 Cash Dividend 1.50 01/01/07-31/12/07

2020

Annual Report
Form 56-1
Financial Statement
Q1
Q2
Download All

2019

Annual Report
Form 56-1
Financial Statement
Download All

2018

Annual Report
Form 56-1
Financial Statement
Download All
Size of selected files (uncompressed)     MB

About GL

There are about 2.5 billion people in the world who lack access to finance. They work in agriculture, fishing, or operate small shops in rural areas in emerging countries. They need investments to improve their lives. For example to expand their shops, to own transportation allowing them to travel to more cities to sell their agricultural products, and to obtain lights and electricity so their children can study even without sunlight.

We would like to provide them small, but very big and meaningful loans, to them. We provide funds needed to grow the “Emerging Consumers” and “Emerging Enterprises” in the “Grass Roots Economy”. This is our original and still current mission for our digital finance business.

The lady in the picture is a Cambodian. Her family has lived together in the same village for more than 100 years. She was in desperate need of solar panels so that her grandchildren can study, however there was no bank or finance company in the village and she was refused financing in the nearest city because she did not have any income verification and thus was considered to be “not credible”. At last, she was about to borrow money from local loan sharks but instead Grouplease provided financing to her.

The finance is how to give credits to strangers.We Group lease run credit checks in a unique wAt Grouplease, we run credit checks in a unique way and have established own risk management system that allows us to provide credit to the 2.5 billion people who lack access to finance to improve their lives. This is our mission.

We have 3 values, First, Fast & Forward. We move first, fast, and forward.

In 2011 we expanded to Cambodia when there was no law allowing leasing and in 2012 became the “First” company to receive a leasing business license after financial leasing law was established. Since then, we have expanded faster than anyone else. We are “Fast” and open new POS every 3 days. We are also “Forward” thinking and are expanding this new finance model developed in Cambodia to all over the world.

Our strategy is very different from other finance companies in three aspects.

Global

First, we are global. We have full operations in 6 countries while others operate only in their home country.

Rural

Second, we focus on rural areas where 2.5 billion people who lack access to finance live. Others focus on cities where doing business is convenient and everything is easily accessible.

Digital

Third, “Digital”. We have developed our own IT system for people at “Emerging Grass Roots” economy and keep updating it every day.

 

We call our business “Digital Finance” which are composed of IT network, Finance method and Commerce (POS) network.

At the end of 2015, we were in only 3 countries: Thailand, Cambodia and Laos. In 2016, we have full-scale operations in 6 countries and with every country profitable. In Indonesia, we achieved profitability in very first quarter after receiving our business license. No other finance company can perform faster than that.

Our Business

"Brief Milestones"

  • 1986 Founded, with the registered capital of roughly USD $40,000
  • 2004 Listed in SET on 13 October
  • 2007 Acquired By APF Fund
  • 2012 Expanded from Thailand to Cambodia and acquired the first leasing license in Cambodian history
  • 2016 Selected for Morgan Stanley Capital International Global Stock Index (MSCI)

* Recorded more than USD $30 million in Net Income *


Screening

The key focus for our finance business is controlling bad debts. It is very important to select customers who will pay on time to control the bad debts.

The important point of screening is to “Know Your Customer (KYC)”. We focus on understanding our customer’s real information. At screening, our staff visit all customers house by motorcycle. Our staff interview each customer at his or her house, confirm its location and the customer’s background, and interview the neighbors to reconfirm the information.


Typical finance companies focus on documents, having their staff to collect and check papers. However, our target “Emerging Grass Roots” customers do not have such documents, so we cannot screen via documents. Additionally, it is very common in our emerging markets that documents are old and inaccurate and therefore do not provide us with true information. We control our bad debts ratio, very low compared to peers, by our own screening system.

Our staff key in and send useful and true information through our original application to headquarter in real-time. Our country headquarters can then make a decision in a couple of hours based on the in-person collected information. Our method provide us with a fast and efficient screening.

POS & Collection

This is our basic business unit: one table, a few chairs, one computer, one smart phone and one or two staff.


The investment amount per one unit of POS is about USD $400. The low cost explains why we can expand so quickly in rural areas. We do not have Managers at our POS but instead connect each one directly to our local headquarters. Alternatively, other finance companies set up attractive but expensive branches with offices, air-conditioning, electricity and many other facilities. This system has huge cost and speed differences compared to ours. Our “flat structure without middle cost” allows us to expand as fast as opening 100 POS in half a year while other finance companies “hierarchy structure with big middle management costs” prevents them from doing so.

To accelerate our expansion, we are forming alliances with companies in different fields who already have POS networks. For example, we can provide finance via their POS and through their agents. We can achieve this because we have our original IT system.

Next Stage

We will connect with all current dealers and partners networks. Our partners, TrueMoney, which has about 5,000 agents in Cambodia, and AMK Consortium, which has about 22,000 retail shops in Myanmar, will be connected through our original IT system

These dealers become our dealers who introduce “Emerging Consumers” to us and become our clients as “Emerging Enterprises” at the same time.

At the end of 2015, we had about 1,000 dealers.

At the end of 2016, we had more than 50,000 dealers.

At the end of 2015, we had about 200 thousand contacting customers.

At the end of 2016, we had about 20 million potential contacting customers.

High-speed expansion and small investments, these are the strong points of our Digital Finance.

Next target is

10 million shops and 100 million customers in 2018.

We are IT company and also a finance company. We have expandability like an IT company, monetizing ability like finance company and real points of contact to reach customers in rural areas. We can sell any products and serve any kinds of business. This is our Digital Finance business.

Continue to lead IT Innovation

Continue to lead Finance Innovation

Continue to lead Commerce Innovation

Digital Platform for Billions of People.

Digital Platform for Millions of Products.

Our Product

  Country
Motorcycle
Thailand (1986~ )
Cambodia (2012~ )
Laos (2015~ )
Myanmar (2017~ )
*Service Company
  Country
Secondhand
Motorcycle
 Thailand (2015~ )
  Country
Agriculture
 Cambodia (2014~ )
 Laos (2015~ )
 Indonesia (2016~ )
  Country
Truck
 Laos (2017~ )
  Country
Motorcycle
 Thailand (2014~ )
  Country
Car
 Thailand (2014~ )
  Country
Group Loan
 Indonesia
 Myanmar
  Country
Entrepreneur
 Myanmar (2017~ )
*Service Company
  Country
Motorcycle
 Thailand (2018~ )
  Country
Car
 Thailand (2018~ )

Product Partners

- Exclusive motorcycle financier in Cambodia and Myanmar.
- Leading financier in Laos
- Market leader financier for Kubota in Cambodia, Laos, and Indonesia.

 


Strategic Investors and Partners

Creation
(top 10 shareholder of GL, a leading American impact investment fund active in Asia, Latin American, and Europe, and also active in Microfinance sectors)

 

CCF (Commercial Credit and Finance)
(leading financial institution in Sri Lanka which GL owns 29.99%. Listed in Colombo Stock Exchange.)

 

TrueMoney
(signed MOU in 2016 to incorporate their 5,000 Cambodia agents into GL’s salesforce)

 

AMMK Group
(our partner in Myanmar who has more than 22,000 grocery and 1,400 wholesale shops)

Media

33% more dealers. Thailand ready to expand

26 May 2019


36% growth. Cambodia Growth came back.

26 May 2019


The general outlook of growth in Digital finance business (Group Lease PCL)

26 May 2019


Group Lease announces 1Q2019 performance (Q&A): 16 May 2019 at Swissotel Le Concord Bangkok Hotel.

16 May 2019


Group Lease announces 1Q2019 performance: 16 May 2019 at Swissotel Le Concord Bangkok Hotel.

16 May 2019


Group Lease announces 3Q2018 performance (vol.1) : 15 November 2018 At Swissotel Le Concord Bangkok Hotel

15 Nov 2018


Group Lease announces 3Q2018 performance (vol.2) : 15 November 2018 At Swissotel Le Concord Bangkok Hotel

15 Nov 2018


Group Lease announces 3Q2018 performance (Q&A) : 15 November 2018 At Swissotel Le Concord Bangkok Hotel

15 Nov 2018


GL International group conference The announcement of 5 years business planning Group Lease Public Company Limited

16 Oct 2018


GL International group conference GL Thailand 4.0 ‘Lifecycle Finance’ Company

16 Oct 2018


Group Lease announces a 5-year strategic plan : Strategy

18 Sep 2018


Group Lease announces a 5-year strategic plan : Financial forecast

18 Sep 2018


Group Lease announces a 5-year strategic plan : SUBSIDIARIES STRATEGIC PLAN

18 Sep 2018


Group Lease announces a 5-year strategic plan : Q&A

18 Sep 2018


Countries

Please click logo for enter to each website of countries

Contact Us

Group Lease Public Company Limited,
63 Soi 1 Thetsabannimitrtai Road,
Ladyao, Chatuchak, Bangkok 10900.
For general inquiry
+66 (0)-2580-7555
glpcl@grouplease.co.th
For Investor Relations
+66 (0)-2580-7555 Ext. 8107
ir@grouplease.co.th
Whistleblowing
Chairman of the Corporate Governance Committee
Group Lease Pcl.
P.O Box 149, Bang Sue,
Bangkok 10800
mailto: whistleblowing@grouplease.co.th



Back To Top