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Dhipaya Group Holdings Public Company Limited (Thailand)

Main Activities: Offices of Bank Holding Companies
Full name: Dhipaya Group Holdings Public Company Limited Profile Updated: March 13, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The principal business operations of the Company is holding investment in other companies. The Company has a subsidiary company, Dhipaya Insurance Public Company Limited (“Dhipaya Insuranceâ€), which operates non-life insurance business.
History :
2020
- The Company was incorporated on 31 July 2020
- At the Extraordinary General Meeting on 1 September 2020, the shareholders approved the Shareholding and Management Restructuring Plan of Dhipaya Insurance and other related proceedings. According to such restructuring plan, Dhipaya Insurance established Dhipaya Group Holdings Public Company Limited to engage in the business of investment and to hold the shares of Dhipaya Insurance.
2021
- The Company had acquired 99.05% of paid up shares in Dhipaya Insurance on 31 August 2021
- The Company was listed on the Stock Exchange of Thailand on September 7, 2021 under the Ticker symbol 'TIPH' in place of Dhipaya Insurance's shares which was delisted on Stock Exchange of Thailand on the same day.
- On 26 October 2021, the Board of Directors’ Meeting No.7/2564 passed a resolution to approve to invest in TIP ISB Company Limited (subsidiary) which is a newly incorporated company, with ordinary shares of 99,997 at Baht 10 per share, totaling Baht 999,970. TIP ISB Company Limited was registered with Department of Business Development on 15 November 2021.

Headquarters
1115 Rama Iii Rd, Chong Nonsi
Bangkok , Special Governed District of; Central Thailand; Postal Code: 10120

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Website: http://www.dhipayagroup.co.th

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2020
Key Executives
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Chairman
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Chairman
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Chief Executive Officer
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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4.72%
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2.11%
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2.1%
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1.99%
Subsidiaries
Dhipaya Insurance Public Company Limited
99.05%
Insurverse Public Company Limited
79.99%
D P Survey And Law Company Limited
74.99%
Company Performance
Financial values in the chart are available after Dhipaya Group Holdings Public Company Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency THB. Absolute financial data is included in the purchased report.
Net insurance premium revenue
5.36%
Operating profit (EBIT)
50.35%
Net Profit (Loss) for the Period
50.68%
Total assets
2.55%
Investments
0.75%
Receivables
19.11%
Total equity
-3.82%
Net Premiums Earned Trend
-2.72%
Net Profit Trend
N/A
Return on Equity (ROE)
7.17%
Loss Ratio
16.3%
Underwriting Expenses Ratio
2.87%

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