Thoresen Thai Agencies Public Company Limited (TTA) stands as a beacon of sustainable growth, blending financial acumen with social responsibility. As a strategic investment holding company listed on the Stock Exchange of Thailand (SET), TTA has built a diversified portfolio spanning shipping, offshore services, agrochemicals, logistics, and food and beverage. This broad-based investment approach ensures resilience and adaptability in an ever-evolving global market.
From its origins as a dry bulk shipping operator, TTA has demonstrated remarkable foresight by expanding into offshore oil and gas services through its acquisition of Mermaid Maritime Public Company Limited in 2007. The company further diversified in 2009, acquiring a significant stake in Unique Mining Services Public Company Limited, and later, Vietnamese fertilizer company Baconco Co., Ltd, which was subsequently listed as PM Thoresen Asia Holdings Public Company Limited (PMTA) on the SET. Demonstrating its commitment to long-term growth, TTA ventured into the food and beverage industry in 2017, when its subsidiary, PH Capital, became the exclusive franchise operator of Pizza Hut in Thailand.
A Vision for Growth and Sustainability
Guided by a leadership team committed to innovation and excellence, TTA continues to explore new market opportunities while optimizing operational efficiencies. The company’s strategy emphasizes maximizing shareholder value, strengthening competitive advantages, and fostering sustainable growth across all its business segments.
TTA’s resilience in the face of market volatility is anchored in its unwavering commitment to transparency, good corporate governance, and strict adherence to regulatory compliance. The company also prioritizes environmental sustainability, actively implementing energy conservation measures and eco-friendly business practices.
Investing in People and Communities
Recognizing the invaluable role of human capital, TTA invests heavily in employee engagement and retention. Its comprehensive benefits package includes competitive provident fund programs, robust healthcare coverage, and work-life balance initiatives. The company’s ‘Learning and Development’ model ensures that employees gain practical experience (70%), peer-driven insights (20%), and formal training (10%), fostering a well-rounded professional growth environment.
Beyond corporate success, TTA is deeply committed to social responsibility. The company actively engages in community-building efforts, extending its impact beyond financial contributions. Through its Maritime Award scholarships, TTA supports the education of its seafarers’ children, empowering the next generation. Additionally, its involvement in the ‘Doing Good, Stop Bullying in Schools’ initiative promotes ethical development among students. This initiative was recognized at the Asia Responsible Entrepreneurship Awards 2017 (AREA Awards 2017) in the Social Empowerment category.
TTA also contributes to healthcare initiatives, providing donations to the Thai Red Cross Society to support the Craniofacial Centre at Chulalongkorn Hospital, ensuring access to medical treatment for patients undergoing craniofacial surgery.
A Future Built on Trust and Innovation
At its core, TTA’s mission is to be Asia’s most trusted and forward-thinking investment firm. The company’s holistic approach balances financial performance with societal impact, ensuring positive outcomes across economic, social, and environmental dimensions. By upholding these principles, TTA continues to shape a future where business success and community well-being go hand in hand.
