Miss Grand International (company)

Miss Grand International (MGI PCL) is a Thai conglomerate founded in 2013 by Nawat Itsaragrisil, headquartered in Bangkok, Thailand.[3] It comprises numerous businesses in various industries of advertisement, cosmetics, entertainment, events, health products, processed food, and talent management.[4][5][6][7]

Miss Grand International PCL
FormerlyMiss Grand International Co., Ltd. (2013–2022)
Company typePublic
MAIMGI[1]
Industry
FoundedNovember 6, 2013 (2013-11-06)
FounderNawat Itsaragrisil
Headquarters
1213/414 Soi Ladprao 94 (Punjamit), Plubpla, Wangthonglang, Bangkok
,
Area served
Worldwide
Key people
Products
  • Advertisement
  • Cosmetics
  • Entertainment
  • Events
  • Health products
  • Processed food
RevenueIncrease BT฿617.04 Million (2023)
Increase BT฿150.65 Million (2023)
Increase BT฿119.25 Million (2023)
Total assetsIncrease BT฿605.39 Million (2023)
Total equityIncrease BT฿454.74 Million (2023)
SubsidiariesKMGI Co., Ltd.[2]
Websitemissgrand.com

Initially, it was only responsible for the management of the Miss Grand Thailand and Miss Grand International pageants but was later expanded and diversified into other business sectors in the late 2010s.[4]

History edit

The company was established as a limited company on November 6, 2013, with an authorized capital of one million Bath, and is chaired by Nawat Itsaragrisil,[3] a Thai television host and producer who had previously served as producer of Miss Thailand World for BEC-Tero. After ending his role with BEC-Tero, Nawat signed a business partnership with Channel 7 and subsequently established his national pageant, Miss Grand Thailand, in mid-2013 and the newly established international pageant, Miss Grand International, which was managed by the Miss Grand International Co., Ltd..[5][8]

Alongside its flagship beauty pageant, the company eventually expanded and diversified into the food-processing and cosmetics industries in 2018 as well as the talent management sector in 2019,[4] which led the company to increase its authorized capital to 50 and 75 million Baht in 2020 and 2022, respectively.[6][7]

The MGI Co., Ltd. was transformed into a public limited company with a registered capital of 105 million Baht on June 15, 2022, and was listed on the Market for Alternative Investment (MAI) on December 14, 2023.[4][9][1] In the corporation with Karmarts, its subsidiary, KMGI Co., Ltd., was established in February 2023 to be responsible for the cosmetics section specifically.[2]

Products and services edit

Miss Grand International PCL and its subsidiary is summarized as the 5 core businesses as follows;[10]

Section Revenue Sharing Product/Service
Commerce 40.86% Cosmetics, processed foods, household products, dietary supplements
Talent management 23.12%
Entertainment and media 19.06%
Beauty pageants 12.63% Miss Grand International, Miss Grand Thailand
Rental business and others 4.33% MGI Hall

Major shareholders edit

Initially, the company CEO Nawat Itsaragrisil together with the deputy Ratchaphol Chantaratim held a 99.99 percent stake,[6][9][11] but that was decreased to 71.42 percent after an initial public offering (IPO) in late 2023.[6][9][12]

Shareholders Before an IPO[6][9] After an IPO[13]
(December 8, 2023)
% of Issued Capital % of Issued Capital
Nawat Itsaragrisil 60.00 42.86
Ratchaphol Chantaratim 39.99 28.57
Karmarts Public Co., Ltd. 2.86
Peerajet Suwannaphasri 2.24
Khanphol Sueaphak 0.95
Charlotte Austin 0.95
Engfa Waraha 0.95
Pongsak Thammathat-aree 0.95
Sura Khanittaweekul 0.95
Krittidet Prachanukul 0.71
Others 18.01
Total
100.00
100.00

References edit

  1. ^ a b "หลักทรัพย์เตรียม IPO" [Securities preparing for IPO] (in Thai). Stock Exchange of Thailand. 2023. Retrieved September 23, 2023 – via Archive Today.
  2. ^ a b "แจ้งมติกรรมการจัดตั้งบริษัทย่อย" (PDF) (in Thai). Stock Exchange of Thailand. February 17, 2023. Archived from the original (PDF) on September 21, 2023. Retrieved September 22, 2023.
  3. ^ a b "เปิดปูม 'ณวัฒน์' เจ้าของธุรกิจนางงาม –บ.มิสแกรนด์ฯ รายได้ ปี 63 กว่า 340 ล." [Revealing the history of 'Nawat', the owner of a beauty queen business. –Miss Grand Co., Ltd., revenue in 2020 over 340 million.]. Channel 8 (in Thai). July 2, 2021. Archived from the original on July 21, 2021. Retrieved January 6, 2022.
  4. ^ a b c d "มิสแกรนด์ อินเตอร์ฯ เตรียมยื่นไฟลิ่ง พ.ค.ขาย IPO หวังเข้าเทรดปลายปี 65" [Miss Grand International prepares to file for IPO in May, hoping to enter the trade at the end of 2022]. Infoquest.co.th (in Thai). January 17, 2022. Archived from the original on January 17, 2022. Retrieved January 25, 2022.
  5. ^ a b "เปิดอาณาจักรร้อยล้าน "ณวัฒน์ อิสรไกรศีล" เจ้าของเวทีมิสแกรนด์อินเตอร์เนชั่นแนล" [Opening the kingdom of a hundred million "Nawat Israkraisil" owner of the Miss Grand International stage]. Sanook.com (in Thai). June 11, 2021. Archived from the original on July 13, 2021. Retrieved October 18, 2021.
  6. ^ a b c d e "7 เรื่องน่ารู้ "มิสแกรนด์ อินเตอร์เนชั่นแนล MGI" หุ้นไอพีโอน้องใหม่" [7 things to know about "Miss Grand International MGI," a new IPO stock]. Stockfocusnews.com (in Thai). July 19, 2023. Archived from the original on September 22, 2023. Retrieved September 22, 2023.
  7. ^ a b "เทียบรายได้ธุรกิจ "บ.มิสแกรนด์ & เจเคเอ็น" ชัด ๆ ใคร เหนือกว่า" [Comparing the income of the business "Miss Grand & JKN" clearly, who is superior?] (in Thai). Channel 8. October 18, 2022. Archived from the original on September 22, 2023. Retrieved September 23, 2023.
  8. ^ เบ็ตตี้&เจโจ (February 27, 2013). "เปิดศึก 3 เวที ชิงพื้นที่สุดยอดสาวงาม" [Opening a battle on 3 stages, competing for the area of the best beauties]. Post Today (in Thai). Archived from the original on October 6, 2021. Retrieved December 28, 2020.
  9. ^ a b c d "ก.ล.ต.อนุมัติแบบคำขอ "มิสแกรนด์" ขายไอพีโอ 60 ล้านหุ้น เข้า mai ต่อยอดธุรกิจ" [SEC approves "Miss Grand"'s request to sell 60 million IPO shares to mai to expand business] (in Thai). Siam Rath. July 18, 2023. Archived from the original on September 22, 2023. Retrieved September 22, 2023.
  10. ^ ""ณวัฒน์"เตรียมดัน"มิสแกรนด์ อินเตอร์เนชั่นแนล"จะนำหุ้นเข้าตลาด mai" ["Nawat" prepares to push "Miss Grand" International" will bring stocks to the mai market]. thunhoon.com (in Thai). January 31, 2023. Archived from the original on November 29, 2023.
  11. ^ "ย้อนสารพัดแบรนด์ถึง"น้ำพริกนิตยา"บทเรียน"ธุรกิจ"เลือกข้าง"การเมือง"?" [Looking back at all the brands about "Nam Prik Nittaya", the lesson of "business" choosing the side of "politics"?]. Bangkok Business [th] (in Thai). September 23, 2021. Archived from the original on December 17, 2021. Retrieved January 11, 2022.
  12. ^ "นับจากนี้ทุกพื้นที่มีแต่แกรนด์ ก.ล.ต. นับหนึ่งไฟลิ่ง MGI นำมิสแกรนด์ เข้าตลาดหุ้นปีนี้" [From now on, every area has only Grand. SEC is counting on one MGI filing to bring Miss Grand to the stock market this year] (in Thai). Thai Rath. July 18, 2023. Archived from the original on September 22, 2023. Retrieved September 22, 2023.
  13. ^ "ข้อมูลผู้ถือหุ้น" (in Thai). Stock Exchange of Thailand. December 8, 2023. Archived from the original on December 14, 2023. Retrieved December 14, 2023.

External links edit