TTW Public Company Limited was incorporated as a limited company on 11 September, 2000 under the name “Thai Tap Water Company Limited” to operate the project for producing and distributing water supply in the vicinity of West Bangkok, details of the Company’s significant changes and development can be summarized as follows:
22 Feb 2022
TTW has redemption of debentures of 2,000 MB (No.1/2012 Series 2) by internal cash balance and a long-term loan of 1,000 MB.
29 Apr 2022
TTW has obtained long-term loans of 1,000 MB from the financial institution to redeem the debenture of 2,000 MB. (Maturity Date: Feb 22, 2022)
20 Jun 2022
TTW was selected into the "SETTHSI Index" for 2H'2022. (Published on June 20, 2022)
9 Aug 2022
TTW received 100 scores (Full score) on "AGM Checklist 2022" by the Thai Investors Association (TIA).
10 Oct 2022
TTW was selected as 1 of 170 listed companies engaging in the "Thailand Sustainability Investment 2022" (THSI) by The Stock Exchange of Thailand. (For 7 consecutive years)
27 Oct 2022
TTW was classified CG scoring on the Corporate Governance Report of Thai Listed Companies 2022 (CGR 2022) as "Excellent" by the Thai Institute of Directors Association.
29 Nov 2022
TRIS Rating affirms the company rating on TTW Public Company Limited (TTW) and the ratings on its outstanding senior unsecured debentures at “AA-” with a “stable” outlook.
1 Dec 2022
TTW is among 76 listed companies that received the “ASEAN Asset Class PLCs Award” from the 2021 ASEAN CG Scorecard Project. The project is hosted by the Securities and Exchange Commission (SEC) and Thai IOD in collaboration with capital market organizations in 6 ASEAN countries to help raise the quality of supervision of business operations of listed companies in ASEAN to meet international standards.
6 Dec 2022
TTW was selected as 1 of 18 listed companies in the “FTSE SET Shariah Index” effective date on December 19, 2022, until the next review.
20 Dec 2022
TTW was selected into the “SETTHSI Index” for 1H’2023 by the Stock Exchange of Thailand (SET).
21 Dec 2022
TTW received the “Sustainability Disclosure Award 2022” from Thaipat Institute for 4 consecutive years, in recognition of its excellent public disclosure of company performances and coverage of its Environmental, Social and Governance (ESG).
17 Feb 2021
The Stock Exchange of Thailand has removed TTW from SET50 Index and transferred it to respective reserve lists, effective Feb 17, 2021
10 Jun 2021
The Board of Directors has approved TTW to execute an agreement for the engagement of CH.Karnchang Public Company Limited (“CK”) for Improvement of Water Treatment and Transmission Distribution Systems of Banglen Water Treatment Plant Project, which is a connected transaction with the value under this engagement contract of 330.87 million Baht, exclusive of value added tax, for a total period of 540 days.
16 Jun 2021
The Stock Exchange of Thailand has removed TTW from SET50 Index, SET100 Index, and SETHD Index but still has been selecting into "SETTHSI Index" for the second half of 2021. For Calculating the index during July 1, 2021 - December 31, 2021 (Published on June 16, 2021)
29 Jun 2021
TTW accepted the construction works of The Improvement for Water Supply and Distribution Systems at Pathumthani Water Treatment Plant Project from Ch.Karnchang PLC.
4 Oct 2021
TTW was selected as 1 of 146 listed companies engaging in the "Thailand Sustainability Investment 2021" (THSI) by The Stock Exchange of Thailand. (For 6 consecutive years)
9 May 2020
TTW refinanced a long-term loan of 2,760 million baht from Thanachart Bank to Krung Thai Bank, repayment period not exceeding 6 years 7 months, 25 installments.
30 Jul 2020
The Board of Directors has approved the change of sub-committee structure from 5 to 4 to make the work of each sub-committee much more compact by combining the Corporate Governance Committee and the Risk Management Committee to the Risk Management and Corporate Governance Committee.
22 Feb 2019
The Company redeemed the debenture of Thai Tap Water Company Limited No.1/2012 (TTW192A) valued at 1,500 million baht.
28 Jun 2019
Ch.Karnchang PLC has exercised the warrants to purchase ordinary shares (CKP-W1) and shareholding in CKP increased to 32.56 percent, resulting in TTW’s shareholding in CKP decreased to 23.43 percent (Dilute Effect).
19 Sep 2019
The Board of Directors has approved TTW to gradually exercise the rights of warrants purchased ordinary shares (CKP-W1) at the sum of 490,644,424 units, in which, 1 unit of the warrant could be converted to 1.0007 new ordinary shares of CKP, TTW could exercise the warrants purchased CKP’s shares up to 490,987,875 shares at 6.00 baht per share. The total amount would be 2,945,927,250 Baht.
24 Sep 2019
TTW issued a bill of exchange (B/E) 1,000 million baht of unsecured senior debentures, with no trustees, as an investment to converting warrants into ordinary shares of CKP by private placement offering with a 1.73 percent discounted rate of return, maturity date on December 24, 2019.
4 Oct 2019
CKP received the additional shares from the exercise of the warrants to purchase ordinary shares (CKP-W1) amount of 165,115,000 shares that trade on October 4, 2019, resulting TTW’s stake in CKP 24.98 percent.
20 Dec 2019
TTW issued and offered for sale debentures with a maturity of 7 years 2 months, in the total amount of 1,000 million baht, at the fixed interest rate of 2.41 percent per annum, proceeded of which would be used for repayment of the matured existing debentures.
19 Jun 2017
TTW accepted the construction works from Ch.Karnchang PLC, including; Krathumbaen Water Treatment Plant, Rai Khing Raw Water Pumping Station, Pipe laying of raw water, and the renovation work of a booster station to a water distribution station, including the construction work under the conditions of the government agency license.
22 May 2015
TTW purchased 467.50 million shares in CKP according to the rights and the premium of 23,144,123 shares at a par value of 3 Baht per share, totaling 1,471.90 million baht, resulting in the company had a 25.31 percent stake in CKP.
14 Mar 2014
The 2014 Annual General Meeting of Shareholders approved the Company changed its name to "TTW Public Company Limited".
10 May 2012
TTW paid CKP’s capital increased (from 100 million shares to 9,200 million shares) in proportion to the shareholder’s equity of 2,730 million baht, totaling 276 million shares or equaled to 30 percent.
13 Sep 2011
TTW purchased ordinary shares of CK Power Company Limited (CKP).
8 Jan 2010
Waterflow Company Limited merged with BJT Water Company Limited to establish Thai Water Operations Company Limited, staked by TTW 68 percent and PTW 32 percent.
7 Aug 2009
TTW has signed an agreement to acquire the right to produce tap water and wastewater treatment in Bang Pa-in Industrial Estate from Bang Pa-in Land Development Company Limited (BLDC) for a period of 30 years (ended on August 6, 2039).
22 May 2008
The Company was converted into a listed company on the Stock Exchange of Thailand (SET) with the registered capital of 3,990,000,000 Baht, comprising 3,990,000,000 ordinary shares at the par value of 1 Baht per share, TTW has been classified into Energy and Utilities Business in Resource Sectors.
29 Jun 2007
The Company entered into an agreement to purchase ordinary shares of Pathum Thani Water Company Limited (PTW) amount of 10,698,283 shares or 89.15 percent of total paid-up shares.
18 Dec 2007
The Company entered into an agreement to purchase an additional shares of Pathum Thani Water Company Limited amount of 1,061,452 shares or 8.85 percent of total paid-up shares (as of December 31, 2007, the company has had a total shareholding in PTW of 98 percent, 2 percent is owned by the Provincial Waterworks Authority).
6 Jul 2006
The Company has registered as a public company by the name of "Thai Tap Water Company Limited".
11 Mar 2005
TTW was granted a concession to engage in tap water production business from the Ministry of Natural Resources and Environment for 25 years to produce and distribute tap water for the areas of Nakhon Pathom Province in three districts, i.e., Amphoe Nakhon Chai Si, Amphoe Sam Phran, and Amphoe Phutthamonthon, and Samut Sakhon Province in two districts, i.e., Amphoe Krathum Baen and Amphoe Mueang Samut Sakhon.
5 Jan 2004
Produced tap water for distribution to the Provincial Waterworks Authority before the start of operation.
21 Jul 2004
Started selling tap water according to the terms of the water purchase agreement with the Provincial Waterworks Authority.
21 Sep 2000
The Company has signed a water purchase agreement with the Provincial Waterworks Authority (PWA) on a Build-Own-Operate (BOO) for a period of 30 years.