In May 2021,
Shrinkflex was awarded the winner of the HP Inkspiration Awards 2021 (HP Indigo Digital Print) in Singapore, Shrink Sleeves Label Prize.
In last year 2021,
we have started to build a 2nd branch of factory to be more production capabilities of shrink film as well as expanding into flexible packaging business in this year (2022).
the company located a 10-color gravure printing machine (3rd unit) to support incoming order from customers.
We never stop learning to make our business tough and firm, we were participated in the 4th Corporate Sustainability Strategy Course, organized by the Stock Exchange of Thailand.
We organized an online seminar for business partners on the topic "The Road to Sustainability with Shrinkflex", to presenting and updating new innovation of shrink film labels that be friendly to environment.
the company received Leading Manufacturer and Distributor of Shrink Sleeve Thailand and Best High-Definition Printing Service Provider Thailand 2021 Awards from World Business Outlook.
and certified by GHP (Good Hygiene Practice) and HACCP (Hazard Analysis and Critical Control Points.
Year of transition to a public company
2020 was the year that the company was changed into a public company.
The 1/2020 extraordinary general meeting of Shrinkflex (Thailand) Company Limited on 30th May 2020 had the resolution to approve the followings.
- Transform the company into a public company, and change its name to Shrinkflex (Thailand) Public Company Limited.
- Change the par value of 10.00 baht to 0.50 baht.
- Increase the registered capitals to 120,000,000 baht by issuing 240,000,000 common stocks with the value of 0.50 baht per stock. As a result, the registered capitals of 100,000,000 baht are increased to 220,000,000 baht including 440,000,000 stocks with the par value of 0.50 baht. The meeting approved not more than 240,000,000 newly issued stocks with the par value of 0.50 as follows.
1) 120,000,000 newly issued stocks with the par value of 0.50 baht for the existing shareholders (rights offering)
2) 108,000,000 newly issued stocks with the par value of 0.50 baht for people (initial public offering or IPO)
3) Not more than 12,000,000 newly issued stocks with the par value of 0.50 for the committees, managers, and/or employees similarly to IPO (any remaining newly offered stock from IPO will be allocated to the committees, managers, and/or employees)
On 1st June 2020, the company was registered and transformed into a public company.
In June, the company newly issued the paid-up capital of 60.00 million baht.
Originally, the paid-up capitals were 100.00 million baht. The total paid-up capitals were 160.00 million baht to support the business growth.
The company received the Digital Print Excellence Award from HP Inc.
The company started importing and distributing stretch films to the existing customers.
In February 2019, the registered capitals were increased by 45.00 million baht.
Originally, the registered capitals were 55 million baht. The total registered capital was 100.00 million baht for conducting the businesses. The registered capitals were increased by the existing shareholders.
The company bought the (2nd) gravure printing machine and the Inkmaker Croma ink dispenser from Italy.
In December 2019, the company signed the contract
for the 450-kilowatt solar power generation on the roof(s) of its warehouse(s) to reduce energy costs and protect the environment.
The company bought a digital printing machine.
The company received the Digital Printing Innovation Award from HP Inc.
In October, the company was certified under the ISO 9001:2015 standard
for manufacturing shrink sleeves for packages.
The company started providing printing cylinder designing and manufacturing services.
The company bought the electric shrink tunnel
to improve the productivity for new products by heating and shrinking films for packages.
The company started using the digital printing system
for manufacturing shrink films to improve productivity and quickly meet customers’ requirements.
The company bought a gravure printing machine(s).
The company joined the consultancy program for reducing the energy costs
in medium and small factories under the Department of the Energy Development and Promotion, Energy Ministry.
In October, the company was certified under the ISO 9001:2008 standard
for the quality management system and services for manufacturing shrink films for packages.
The company was certified at the green industry level 2 with the green activity
under the Ministry of Industry for the first time.
In December, the registered capitals were increased by 15.00 million baht.
Originally, the registered capitals were 40.00 million baht. The total registered capital was 55.00 baht to support the business growth.
The company bought the nine-color rotogravure printing machine
to support the business growth in October.
The company was certified under the ISO 9001:2008 standard
for the quality management system and services for manufacturing plastic films for packages.
In May 2009, the registered capitals were increased by 20.00 million baht.
Originally, the registered capitals were 20.00 million baht. The total registered capital was 20.00 baht to support the business growth.
The company received the license to conduct an unhealthy business.
They started using the nine-color rotogravure printing system
for manufacturing shrink films and the color proofing machine.
The company was registered on 20th June 2007 with a registered capital of 20.00 million baht.
There were 2,000,000 common stocks with the par value of 10.00 baht for manufacturing and providing services about shrink sleeves.
It started investing in the gravure printing machines
such as doctoring machines, slitting machines, cutting machines, and glue sealing machines.