The professional manager shopping complexes, one of real estate development Company, of which Wanglee family hold the biggest share. The company has skills, experiences and reputation in domestic business over years. The company was established on December 23, 1991 and began operating on March 17, 1995. The company managed Future Park Rangsit since its establishment, and throughout 15 years continuously developed the shopping complex towards tremendous success. This can be seen from the increase in the number of visitors per day. In 1996 the average number of customers was 57,800 per day; the present average visitors number is 150,000 a day, the highest of any shopping complex in Thailand. Future Park Rangsit's commercial space is also efficiently managed, with 97% of total area leased. Rangsit Plaza Co. Ltd. had also been able to maintain the number of lessee, allowing for continuity of business.
Currently the company's team comprises 245 highly knowledgeable and experienced managers and staff, who are determined to contribute to growth and integrity in the shopping complex business by working in accordance with globally-accepted standards.
"The Retail Professional that You Can Trust"
"We strive to be the professional real estate development and management in retailing, who also care for the clients, partners, society, environment, employees, investors and shareholders."
Rangsit Plaza company limited is the professional manager of large shopping complexes such as Future Park Rangsit. The company began operating on December 23, 1991 under the name Kribton company limited. On March 17, 1992 the company's name was changed to the present name of Rangsit Plaza company limited. March 17 of every year is considered the founding date of the company and Future Park Rangsit shopping complex.
The operations of Rangsit Plaza Co. Ltd. are result of capital from 4 major groups of shareholders. The registered capital is 400 million baht.
Rangsit Plaza Co. Ltd. has been in operation for 16 years, and is currently under the following board of directors.
|1. Mr. Suchin Wanglee||Chairman|
|2. Mr. Danaithanit Bisalputra||Director|
|3. Mr. Sukij Wanglee||Director|
|4. Ms. Jittinan Wangleee||Director|
|5. Mr. Ronnayuth Sirichotikul||Director|
|6. Ms. Chotiros Wanglee||Director|
|7. Ms. Pimpaka Wanglee||Chief Executive Director|
From the day Rangsit Plaza Company began its venture into department stores, until present times, the company has laid firm policies, and adjusted new strategies to accommodate the changing of the ages. Rangsit Plaza Company has developed Future Park Rangsit into one of the foremost and most successful shopping center in Thailand. Future Park Rangsit's development is as follows:
|1991||The company began operating business under the name Criptron company limited.|
|1995||Change company name to Rangsit Plaza Co.,Ltd.|
|1996||Launched Robinson Rangsit, Save One Supercenter, EGV 14 cineplex, Bowling, and 500 shops inside plaza|
|1996||Leading department stores and speciality stores opened at Future
Park Rangsit, including:
|2003||Home Work (Comprehensive retail center for home decorations and construction materials) opens for service|
|2004||Launched the Feel Fit Zone, which houses establishments related to health and beauty, along with the 2,740-square-meter Fitness First, a leading exercise and fitness center from the UK|
|2005||Gourmet Park, a center for over 95 restaurants and food establishments, open in basement|
|2006||The Lifestyle Service Zone opens and becomes the first such zone to entail 12 leading banks ,4 credit services and other services in one area.|
|1996||Launched the following superstores and leading services:
|2002||Lotus Superstore opened for service|
|2003||Index Livingmall opened for service|
|2007||Toyota and Honda car showrooms opened|
|Ms. Pimpaka Wanglee|
|Present||Chief Executive Director (CEO), Rangsit Plaza Co.,Ltd.|
|Experience||Managing Director and Sales Manager, Rangsit Plaza Co.,LTd.|
|Sales Manager, Rangsit Plaza Co.,Ltd.|
|Administration and Personnel Manager, Rangsit Plaza Co.,Ltd.|
|Ms. Jittinan Wanglee|
|Present||Executive Vice President of Business & Marketing (EVP), Rangsit Plaza Co.,Ltd.|
|Act on behalf of Vice President of Sales, Rangsit Plaza Co.,Ltd.|
|Experience||Financial planning and analysis Manager, Rangsit Plaza Co.,Ltd.|
|Relationship Manager, Citibank N.A.|
|Mr. Suchai Wat-aphaiyakul|
|Present||Senior Vice President of Finance & Operation (SVP), Rangsit Plaza Co.,Ltd.|
|Experience||Vice President of financial accounting and legal, Rangsit Plaza Co. Ltd.|
|Manager for credit affairs, Book Club Finance Pcl.|
|Assistant to senior division manager, Siam Industrial Credit Pcl.|
|Assistant chief of auditing, Kasikorn Bank|
|Ms. Rattana Anantanupong|
|Present||Vice President of Marketing, Rangsit Plaza Co.,Ltd.|
|Experience||Managing Director, Lion Art Co.,Ltd.|
|Senior Division Manager, Marketing Division The Mall Group Co.,Ltd.|
|Mr. Werachai Srikasiphan|
|Present||Vice President of IT, Rangsit Plaza Co.,Ltd.|
|Experience||MIS Manager, Siam Food Products PCL.|
|IT Manager, Decormart Co.,Ltd.|
|MIS Manager, Thailand Carpet Manufacturing PCL.|
|Senior Consultant for business support, Prosoft Co.,Ltd.|
Principles of Corporate Governance which the company have preserve and intend to the manager and officers for doing so.
The internal control relating to determine the corporate governance are described below.
Shareholders are the shareholders of Rangsit Plaza Company Limited and the fund trustees in Real Estate Mutual Fund of Future Park. The spotlight will shift to the governance of shareholders, with a focus on how company should best fulfill their duties to maximize return and sustainable while acting as responsible owners too.
Customers which crucial for all effective products and services that was needed, quality and safety.
Company's employees by the implement and develop their capacity for all highest outcomes. Especially, the competent management of environment's organization and affairs in a manner that is transparent, accountable, equitable and responsive to their life.
Government, in certain, rule of conduct with respect to government officials are extremely strict and well defined in law and company regulations.
To protect the Public & Environment as good corporate citizens, employees should make response to balance social and environment to work toward a sustainable, not antisocial group, community's assets, environment and natural sources.
Suppliers, employees of the company must be aware that proper relationship and fairness. They should recognize the maximized benefit of company.
Lenders, the company should be responsibility complies with the law and regulation of lenders in compliance with those along the liabilities.
Competitor, the company will compete fairly for business, respecting the rights of other parties, includes respect for the legitimate business professional of all.
Corporate Governance of Rangsit Plaza Co.,Ltd. Have been determined to a Good Governance Standard for our Codes of Best Practices
Code provisions are applicable to all employees with regard to companies' officers and manager level.
To retain the substance of the runnibg of the company's business. And also requires the primacy of the rule of law, maintaned through an impartial and effective legal system, including to the good oriental moral and cultural.
The Corporate Governance requires the actions of individuals and organizations and the negotiation of differences between them. So their reponsibility should be ready, where preceive and practicable to enter into a right rule based on the proper understanding of objectives. The person who not be applicable will be considered to the worst and punished by the regulated.
The company require to promote all of employees in order to maximize performance in providing the welfare of them through the fairness, and the need for reinforcing justice.
The company recognize that the value of our human resources and will encourage the external community participation under the provision of the company.
The company is the exercise of authority to mange all of employees, various that are quite similar or not in terms of their race, gender, color, religion, ethnic, age, sexual orientation, inevitably suffers person or who not plays in enhancing the performance. Moreover, the company will check and balance byprotecting to refrain from prohibited or conflicted actions.
The morals of employee means the regulatory framworks of Rangsit Plaza Co.,Ltd. In the activities. The company requires the mangers and all of employees to establish the good moral at all times, including the sub-cintractor by the name of our representatives.
Code of conflicts of interest policy means any make decisions of employees are expected to dedicate their maximized interest of company business only "Ransit Plaza Co.,Ltd. That make decisions should conduct the company's business in an honest and ethical manner, without the influenced of directly or indirectly conflict of interest between personal and business relationships, closed related family member or associates, that might influence or cause difficult to decision what is the maximized benefit of company.
"Conflict maximized interest of company business" means the company's interests, personal own interests, family or close associates. While it is possible to outline every situation, such as financial or anything else. There are major areas of concern 1) That make decision as a result of their position with the company or 2) The acknowledgement of company's activities or planning in the future.
The company expect to dedicate all of employees to company business, they should avoid any actions that may appear to involve a conflict of interest with financial activities and other relationships with associates outside of them, that may effect to company's benefits or create the appearance of a conflict with loyalty or benefit, or otherwise can be harmful those efficiency.
"Family" means that person who have personal relationships with all of employees's company by kinship or marriage and legitimate child.
"Related persons" means that person who have personal relationships with all of employees' company by closely.
"A Competitor" means the companys that work in the country and the aboard as the same business of them.
All of employees' company are the responsibility to invite the annual meeting to review and perceive the conflicts of interest of company. All of them have right to receive correct, up-to-date, fully disclosed information through the authorized to the human resources. They can have any queries related to disclosed form's company (Form GG 1) (Including to inform the questionable avtivities that served in the year too)
The human resources is responsible for the result of its internal control, to improve the gudiline and any controlling to comply with the environment and risk variation.
Internal Control means the procedures designed or the oblogation process which determined by the committee, management and all of employees with company. To ensure that proceed will be efficiency and effectiveness, covering matter concerning sources and fund to verify the completeness and accuracy of the company's financial reports on time.
The company provide that risk management to 2 levels. First, policy of organization level, which responsible for the high rank management. Other second is the activities level, conducts by officers in these process.
Principles of Risk Management are
The Company's employees are responsible for
Should committee to honest conduct in all procedures of internal accounting and financial control, traditional and internal control system, which comply strictly with the note of accounting and financial's company.
Should deliver the completed business document to the employees who have responsible for record accuracy financial statement of company.
No limit and wave to inspect all of details in the financial statement.
Should record to the truth, not to file illegal conduct or violation of any else.
Acknowledge the correct of accounting and financial report, because of its responsibilities for all employees to the shareholders and related person.
"Other benefits" means the cash equivalents such as discount, entertainment, service or training from people doing business or anything else in the same way.
"Receipt of gifts or gratuties by courtesy" means it is customary and commonly accepted business courtesies within relationship or other person in the social occasionally by the way.
"Kinship" means parents, descendant, aunt, uncle, spouse or descendant's spouse, adopted child or the patronage .
The Company's employees are responsible for
The receiver should report to human resources management and return it by the report of receiving anything or other benefit (Form GG 2)
The human resources management will consider that no reason to keep that gift to personal of receiver, so the receiver should return it to human resources mangement for kickback to assets' company.
Employees and / or their family should not require the gifts, assets or other benefit from contractor, sub-contractor, suppliers / sellers, partnership, or related person in the same business of company in anyway.
Company should not require to contractor, sub-contractor, suppliers / sellers, partnership, or related person in the same business of company, giving any gift, asset, other benefit to employees and / or their family, creating unconsistent and biased standard, or interest of conflicts.
In the case of contractor, sub-contractor, suppliers / sellers, partnership, or related person in the same business of company, give the gift, asset or other benefit into the season or traditional customary is required (not exceed 1,000 baht), that employee should consider absolutely to get it or not. Employees could consult to their authorized or human resources mangement.
Company allow employees to receive the gift on the extra occasionally or for reminding the other company, instead of Ransit Plaza Co.,Ltd. After that employee should report and return it to Services and Administration Section of human resources for register, using The receipt of gift or other benefit Form (Form GG 2)
The Company's employees are responsible for
Prohibited the supervisor receive the gift from them (or a lower level), excep to the season or traditional customary is required (not exceed 1,000 baht)
All employees of every levels should render to give the gifts, assets or other benefit on the ordinary or necessary expenses rellating to company business with commercial entities. Including employees should use good judgment, observe all laws and follow guidelines that apply to the right way of country.
Director, all management every levels, employees, associates and sub-contractor, who operate information and document that are not known to the general public and / or trade secrets, such as secret of financial, office space selling and its price etc. It is the company's confidential information and importance to business management of success in the future.
The Company's employees are responsible for
Communication department that represent about the company's business to public, is the Public Relation, it speak with others as Rangsit Plaza Co.,Ltd. Representative or about Ransit Plaza Co.,Ltd. Business. Also corporate to Investor Relations, that give the information about FUTURE PARK Real Estate Fund (FUTUREPF) That information should specifically to do so by the Managing Director, unless Managing Director speak by himself or delegate to other person to do so.
The Activity Owner should corporate to Managing Director for Implement, relevant head department, for accuracy and provide the fact sheet to Managing Director or delegate to other person to do so.
Actually, employees should not disclose or speak with the press or orthers, except to the authorized by Managing Director. If the person ask for their opinions about Rangsit Plaza Co.,Ltd.'s management or FUTURE PARK Real Estate Fund (FUTUREPF), that employee should cease or comply with the authorized to do so.
The Committee and management have responsible for reporting the acquisition themselves and undertaken by the Stock Exchange of Thailand and that committee.
Company is the office space management at Future Park Shopping Mall, Rangsit. Meanwhile, the Future Park Real Estate Fund invest to leasing right of shopping mall (some parts). So, company should be fairness among of the shareholders. Including protection the unlawful which may cause by all employees every levels and their family, in the case of disclose the information to public. After that, Company not allow these person sell or buy the unit of stock or invite the other person to do that by themselves or agents. Because of the regulated of Stock Exchange of Thailand insists that as a arbitrage trading or create the opportunity to win or loss in anyway.
Any employee acting in violation of this policy shall be punished upon our regulation and / or the law with any case.
Computer and communication resources on technology usage and telecommunication, present significant security and liability risks to all employees every levels. So they must do so property and in accordance with applicable regulated.
Company provide network of internet connections throughout the organization are the property of company and are intend for use by employees to conduct the company's business. Moreover,l use of computer and communication resources must be consistent with all other policies, including those relating to harassment, privacy, or do not use these resources in a wasteful manner. Any improper use of these resources may reflect poorly on company, damage its reputation and expose to legal liability. If you have any question about the internet site which discourage, you should consult management of information technology. Please remind that activities on internet are the public, so user should be aware to do it property.
Company provide transmitting of message,E-mail, for our activities and their interest property. But not use in employed business.
Employees should not use E-mail in a way that disruptive or offensive to others or unlawful.
Employees who transmit E-Mail, should preceive transmit comment, your personal individual storage into the electronic system. So it may be instected as required. The secrets of E-mail communication should enter by the security passward.
The authorized have a right to access the file or computer program or others. The effort to access for view, copy, distribute, delete, destroy or change the data, change passward or anything to harmful by the person who not allowed. Company consider to violation of antitrust regulated.
The telecommunication is telephone, facismile, mobile phone, pager, sattlelite receiver and LAN network etc.
Company have provided the telecommunication for our activities and personal individual. But not use in employed business. Then employees must do so property and in accordance with applicable regulated, not to use unlawful.
The company respect the privacy and dignity of all employees which deserve a work place. However, we have a right to access to any personal information technology, including Voice Mail and E-mail which maintaining in the computer systems or other related instruments and telecommunication. And those are the assets or right of company, or located at inside of company. Employees who have a right or responsible to access to other E-mail, should have a consent by only managing director. If the employees who have no legitimate purpose is taken to other E-mail without consent, we will consider it in violation of applicable law or company's policy. In additional, the company have a right to change the password to access for further review, investigate or search any information in the computer systems which related those Voice Mail or E-mail.
The Rangsit Plaza Company's aim to conduct its business in parallel with environmental and social betterment goals has led to many remarkable achievement awards, lending pride, morale, and incentive to the company's management and employees to continue to do good things.
|1. Outstanding Real Estate Award 1996
from the ASEAN Association for Planning and Housing
|2. ASEAN Outstanding Achievement Award for Energy
From the Department of Energy Development and Promotion, Ministry of Science and Technology
|3. Award for Plastic and Foam Reductionfrom the Department
of Pollution Control,
Ministry of Science and Technology
|4. Certificate for Successful Energy Conservation
From Mrs. Siripol Sailasuth, Director of the Department of Alternative Energy Development and Efficiency, Ministry of Energy
|5. Award for Happy Toilet 2007
From Department of Health, Ministry of Publish Health
|6. Public Restroom Standard For Tourism(Internationnal
From Ministry of Tourism and Sport
|7. 1st runner-up award in the Calendar Contest 2014
Thailand Public Relations Association gave 34th Suriya Sasitorn Award 1st runner-up award in Calendar and Diary Competition in the category social and environmental sustainability in the current days, "Heal The World" set
|8. ASEAN Energy Awards 2014
Received winner award for Energy Management for Large Buildings in ASEAN Energy Management and Conservation Awards Contest held at Vientiane, Laos People's Democratic Republic
|9. Thailand Energy Awards 2014
Excellence award in Energy Conservation of the year 2014 by the Ministry of Energy, category: Controlled Buildings.