TCG was established under the “Small Industry Credit Guarantee Corporation Act B.E. 2534 (1991)”.
TCG took over all businesses and operations of The Small Industry Credit Guarantee Fund with an initial registered capital of Baht 400 million.
The government by the Ministry of Finance made additional capital increase of Baht 4,000 million for TCG, making up a total registered capital of Baht 4,400 million.
TCG was approved by a special resolution of its extraordinary general meeting of shareholders to increase its registered capital by another Bath 2,000 million.
TCG called for partial share payment of Baht 302.47 million from the shareholders who had expressed their intention to take up new shares, making up a total registered capital of Baht 4,702.47 million.
TCG was approved by the resolution of its extraordinary general meeting of shareholders no. 1/2009 to have another capital increase by Baht 2,137.47 million, of which Baht 2,000 million was intended to be acquired by the Ministry of Finance.
TCG registered the capital increase with the Ministry of Commerce pursuant to such special resolution of the shareholders’ meeting, allowing TCG to have total registered capital in the overall equaling to Baht 6,839.95 million, of which Baht 6,702.47 million is paid-up capital.