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 Thitikorn Plc. established in August 4, 1972 by Mr. Chumpol Phornprapha and Mrs. AnothaiPhornprapha as hire-purchase provider for automobile and motorcycles. In the early stage, Thitikorn focused in motorcycle hire-purchase business for customer in Bangkok and metropolitan area. In 1995, Thitikorn expand its operation to the eastern part of Thailand by acquiring 99.99 % of C.V.A. Co.,Ltd , a motorcycle hire-purchase provider in that area. In 2003, Thitikorn acquired 99.99% of Chayapak Co., Ltd. to expand into automobile hire-purchase business in Bangkok and metropolitan area. As of 2007, Thitikorn's revenue breakdown structure are motorcycle hire- purchase : automobile hire-purchase : others income or 70 : 3 : 27 Thitikorn Plc. is the largest motorcycle hire-purchase service provider in Thailand, with over25.75% market share in Bangkok and metropolitan area in 2007, and has been number one in Bangkok for the last 25 years. The company was granted the Certificate for Consumer Right Protection from the Office of Prime Minister that is the symbol of fairness services to its customers. |
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