Kanjanapas Family
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Kanjanapas Family
The Kanjanapas family ( th, กาญจนพาสน์) is a Thai business family of Teochew Chinese origin, belonging to the Huang/Wong ( 黃) clan. It owns businesses in Hong Kong and Thailand, including Stelux Holdings, Bangkok Land and BTS Group Holdings. The family was founded by Mongkol Kanjanapas ( th, มงคล กาญจนพาสน์) or Wong Chue Meng ( zh, 黃子明; 1919–2003), who was born in Bangkok to an immigrant Chinese father. He did business in Thailand, and was a shareholder in Siam City Bank, before moving to Hong Kong. There, in 1963, he founded Stelux Holdings, whose business grew from producing Seiko watches. Mongkol had eleven children, including sons Anant (1941–2020) and Keeree (born 1950). Most of the family settled in Hong Kong under the name Wong, though Anant and Keeree moved back to Thailand during the 1980s–1990s for business opportunities. Anant headed real estate developer Bangkok Land, while Keeree led Tanayong (later kn ...
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Huang (surname)
Huang (; ) is a Chinese surname that originally means and refers to jade people were wearing and decorating in ancient times. While ''Huáng'' is the pinyin romanization of the word, it may also be romanized as Hwang (Korean surname), Hwang, Wong (surname), Wong, Waan, Wan, Waon, Hwong, Vong, Hung, Hong, Bong, Eng, Ng (name), Ng, Uy (surname), Uy, Wee, Oi, Oei, Oey, Ooi, Ong, or Ung due to pronunciations of the word in different dialects and languages. It is the 96th name on the ''Hundred Family Surnames'' poem.K. S. Tom. [1989] (1989). Echoes from Old China: Life, Legends and Lore of the Middle Kingdom. University of Hawaii Press. . This surname is known as Hwang (Korean name), Hwang in Korean language, Korean. In Vietnamese language, Vietnamese, the name is known as Hoàng or Huỳnh. Huang is the 7th most common surname in China. Huynh is the 5th most common surname in Vietnam. The population of Huangs in China and Taiwan was estimated at more than 35 million in 2020; it was a ...
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BTS Group Holdings
BTS Group Holdings Public Company Limited (BTSG), formerly known as Tanayong Public Company Limited, is a public company in Thailand. It is the majority share holder of Bangkok Mass Transit System PCL (BTSC), the operator of the BTS Skytrain and the Bangkok BRT. Businesses BTSG does business in four main areas: mass transit (through the Bangkok Mass Transit System Public Company Limited), media/advertising (through VGI Global Media), property/real estate (through property developer U City and hotel operator U Hotels & Resorts), and associated service businesses. BTSG has holdings in 57 subsidiaries, jointly controlled companies, or associated firms. Financials BTSG's fiscal year runs from 1 April to 31 March. For fiscal year 2017-2018 (1 April 2017 – 31 March 2018), BTS Holdings reported 17,915 million baht The baht (; th, บาท, ; sign: ฿; code: THB) is the official currency of Thailand. It is divided into 100 ''satang'' (, ). The issuance of currency is the resp ...
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Kanjanapas Family
The Kanjanapas family ( th, กาญจนพาสน์) is a Thai business family of Teochew Chinese origin, belonging to the Huang/Wong ( 黃) clan. It owns businesses in Hong Kong and Thailand, including Stelux Holdings, Bangkok Land and BTS Group Holdings. The family was founded by Mongkol Kanjanapas ( th, มงคล กาญจนพาสน์) or Wong Chue Meng ( zh, 黃子明; 1919–2003), who was born in Bangkok to an immigrant Chinese father. He did business in Thailand, and was a shareholder in Siam City Bank, before moving to Hong Kong. There, in 1963, he founded Stelux Holdings, whose business grew from producing Seiko watches. Mongkol had eleven children, including sons Anant (1941–2020) and Keeree (born 1950). Most of the family settled in Hong Kong under the name Wong, though Anant and Keeree moved back to Thailand during the 1980s–1990s for business opportunities. Anant headed real estate developer Bangkok Land, while Keeree led Tanayong (later kn ...
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1997 Asian Financial Crisis
The Asian financial crisis was a period of financial crisis that gripped much of East Asia and Southeast Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1999 was rapid and worries of a meltdown subsided. The crisis started in Thailand (known in Thailand as the ''Tom Yam Kung crisis''; th, วิกฤตต้มยำกุ้ง) on 2 July, with the financial collapse of the Thai baht after the Thai government was forced to float the baht due to lack of foreign currency to support its currency peg to the U.S. dollar. Capital flight ensued almost immediately, beginning an international chain reaction. At the time, Thailand had acquired a burden of foreign debt. As the crisis spread, most of Southeast Asia and later South Korea and Japan saw slumping currencies, devalued stock markets and other asset prices, and a precipitous rise in private debt. South Korea, Indonesia and Thailand were ...
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BTS Skytrain
The Bangkok Mass Transit System, commonly known as the BTS Skytrain ( th, รถไฟฟ้าบีทีเอส '' TS'), is an elevated rapid transit system in Bangkok, Thailand. It is operated by Bangkok Mass Transit System PCL (BTSC), a subsidiary of BTS Group Holdings, under a concession granted by the Bangkok Metropolitan Administration (BMA) which owns the lines. The system consists of 62 stations along three lines with a combined route length of . The BTS Sukhumvit Line running northwards and south-eastwards, terminating at Khu Khot and Kheha respectively. The BTS Silom Line which serves Silom and Sathon Roads, the central business district of Bangkok, terminates at National Stadium and Bang Wa. The Gold Line people mover runs from Krung Thon Buri to Klong San and serves Iconsiam. The lines interchange at Siam station and Krung Thon Buri. The system is formally known as "The Elevated Train in Commemoration of HM the King's 6th Cycle Birthday" (). Besides the ...
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Keeree Kanjanapas
Keeree Kanjanapas (Thai: คีรี กาญจนพาสน์; ; English: Wong Chong Shan) was born in Bangkok, Thailand in 1950. His family roots are in Chaozhou (Guangdong Province). He is a Thai entrepreneur with extensive business interests in mass transit and real estate in Thailand. He is the founder and CEO of the Bangkok Mass Transit System PCL (BTSC) " BTS Skytrain". He is chairman of the listed Tanayong Public Company Limited, a long-established property developer and hospitality operator in Thailand. Seiko S. A. Keeree's father Mongkol Kanjanapas was a businessman born in Bangkok and based in both Thailand and Hong Kong. Mongkol founded Stelux Holdings (寶光實業) and was the importer of Seiko watches. Keeree decided to use football to promote the Seiko brand and founded one of the most famous and successful football teams ever in Hong Kong, Seiko Sports Association (精工), in the 1970s and 1980s. Keeree recruited top local player Wu Kwok Hung from Sou ...
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Anant Kanjanapas
Anant Kanjanapas ( th, อนันต์ กาญจนพาสน์, 2 June 1941 – 13 April 2020) was a Sino-Thai business executive, best known as CEO and chairman of Bangkok Land, developer of the Muang Thong Thani project in the northern suburbs of Bangkok. Anant was the second child and oldest son of Mongkol Kanjanapas, patriarch of the Kanjanapas family. He grew up in Thailand, and attended university in Switzerland. He moved with the family to Hong Kong, where he became an executive at the family's Stelux Holdings, and returned to Thailand in 1989 to head Bangkok Land. Under his leadership and amid an economic boom in Thailand, the company grew spectacularly in the early 1990s, but came crashing down as a result of the 1997 Asian financial crisis. Anant spent the next decade relatively quietly, reviving the company through the Impact, Muang Thong Thani exhibition and convention centre, finally announcing completion of the company's debt restructuring in 2012, when it p ...
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Seiko
, commonly known as Seiko ( , ), is a Japanese maker of watches, clocks, electronic devices, semiconductors, jewelry, and optical products. Founded in 1881 by Kintarō Hattori in Tokyo, Seiko introduced one of the first quartz watches and the first quartz watch with a chronograph complication. Seiko was a wristwatch manufacturer for Japanese soldiers during World War II. History 1881 founding to 1929 In 1881, Seiko founder Kintarō Hattori opened a watch and jewelry shop called "K. Hattori" () in Tokyo. Kintarō Hattori had been working as clockmaker apprentice since the age of 13, with multiple stints in different watch shops, such as “Kobayashi Clock Shop”, ran by an expert technician named Seijiro Sakurai; “Kameda Clock Shop” in Nihonbashi; and “Sakata Clock Shop” in Ueno, where he learned how to both sell and repair timepieces. Around the time of Seiko's founding, watchmakers in Tokyo, Osaka, and Nagoya were studying and producing pocket watches based on Wes ...
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Siam City Bank
Siam City Bank ( th, ธนาคารนครหลวงไทย, ) was a Thai bank that operated from 1941 to 2010. The bank was founded by the Nirandorn family, but changed hands many times, and by the 1990s its largest shareholders were the Srifuengfung and Mahadamrongkul families. The bank suffered badly from the 1997 Asian financial crisis, prompting the Bank of Thailand to intervene. The bank was bailed out and taken over by the state-owned Financial Institutions Development Fund (FIDF). It underwent a merger with the Bangkok Metropolitan Bank in 2002. In 2010, the FIDF sold its controlling stake in the bank to Thanachart Bank (then owned by the Bank of Nova Scotia The Bank of Nova Scotia (french: link=no, Banque de Nouvelle-Écosse), operating as Scotiabank (french: link=no, Banque Scotia), is a Canadian multinational banking and financial services company headquartered in Toronto, Ontario. One of Canada ...), into which it was merged. References Defunct banks ...
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Bangkok Land
Bangkok Land Public Company Limited () is a real estate company in Thailand. It is best known as the developer of Muang Thong Thani, a large residential development in Bangkok's northern suburb city of Pak Kret in Nonthaburi Province. Bangkok Land was founded by Mongkol Kanjanapas of the Kanjanapas family in 1973. Mongkol's son Anant returned from Hong Kong to Thailand and headed the company from 1989, and it enjoyed spectacular growth in the early 1990s amid Thailand's bubble economy, becoming the highest-valued company on the Stock Exchange of Thailand following its listing in 1992. It was then hard hit by the 1997 Asian financial crisis, which saw its market value shrinking a hundred-fold from US$5.2 billion to $36 million, but the family was able to hold on to control of the company following restructuring. Bangkok Land was able to return to profitability through Impact, Muang Thong Thani Impact, Muang Thong Thani ( th, ศูนย์แสดงสินค้าแ ...
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Bangkok
Bangkok, officially known in Thai language, Thai as Krung Thep Maha Nakhon and colloquially as Krung Thep, is the capital and most populous city of Thailand. The city occupies in the Chao Phraya River delta in central Thailand and has an estimated population of 10.539 million as of 2020, 15.3 percent of the country's population. Over 14 million people (22.2 percent) lived within the surrounding Bangkok Metropolitan Region at the 2010 census, making Bangkok an extreme primate city, dwarfing Thailand's other urban centres in both size and importance to the national economy. Bangkok traces its roots to a small trading post during the Ayutthaya Kingdom in the 15th century, which eventually grew and became the site of two capital cities, Thonburi Kingdom, Thonburi in 1768 and Rattanakosin Kingdom (1782–1932), Rattanakosin in 1782. Bangkok was at the heart of the modernization of Siam, later renamed Thailand, during the late-19th century, as the country faced pressures from the ...
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