Mrs Morakot unveils the group's new strategic direction.
Yip In Tsoi Group, a leading Thai conglomerate, has undertaken its first major organisational restructuring in its century-long history by consolidating its IT business units and technology-related subsidiaries under Yipintsoi Next as it gears up for its next century of growth.The group plans to list Yipintsoi Next shares on the stock market by 2030.
"The company has transitioned to become a holding company investing in new businesses and startups. To streamline operations and maximise expertise, all IT-related businesses, which previously spanned multiple companies, have been consolidated under a single, powerful umbrella called Yipintsoi Next," said Morakot Yipintsoi, president and chief executive of Yip In Tsoi.
"For more than a century, Yip In Tsoi has successfully navigated opportunities and challenges across every era because we have never stopped evolving and have never been complacent about past successes. This restructure is a redesign of our future, enabling our organisation to grow with greater stability, agility and sustainability over the long term."
Under the new structure, Yip In Tsoi Group expects to operate as a holding company responsible for setting strategic direction, overseeing investments and managing the group's business portfolio.
