Syntec Construction Public Company Limited (“the Company”), formerly known as Siam Syntechs Construction Public Company Limited, was registered as a registered juristic person in Thailand on December 22, 1988. Then, it was registered as a public company limited on October 14, 1992, and listed on the Stock Exchange of Thailand on February 12, 1993. The registered address of its head office is 555/7-11 Soi Sukhumvit 63 (Ekkamai), Sukhumvit Road, Khlong Tan Nuea Subdistrict, Watthana District, Bangkok 10110, and its branch office is located at 61 Soi Lang Suan, Ploenchit Road, Lumpini Subdistrict, Pathumwan District, Bangkok 10330, principally engaged in construction contracting and real estate development business for room service or serviced apartments.
The Company's main business operation maintains its full-service construction business, including accepting construction works from public agencies and the private sector. It provides services from the beginning to the completion of construction in a manner known as “One-Stop Service” which includes preparatory work, piling work, foundation work, soil erosion protection work, structure work, architecture work, architectural work, landscape architectural work, and system engineering such as electrical system work, mechanical system work, sanitation work, elevator system work, air conditioning system work, and various automation systems in the building.
The Company's construction contracts are carried out in accordance with the appropriate procedures in the case where an employer is a public agency, state enterprise, or private sector, which will determine the bidding algorithm, a time frame for implementation, and different construction conditions. If the Company has been selected through price negotiation and specified construction conditions that satisfy all parties, it is finally commissioned for such construction.
Generally, the Company is a primary contractor for construction unless it is a large project that requires specialized construction expertise, where the Company may consider participating in joint ventures with other companies. This creates the exchange of working techniques, learning and transferring new technologies, knowledge in various fields, promoting innovation development, thus expanding the Company's working potential to open up an opportunity to participate in large project auctions in both public and private sectors in the future. In terms of construction labor, the Company has its own daily workers and some workers are from subcontractors that are properly registered with the Company and meet the criteria set by the Company. The advantage in this respect is that the number of workers needed for each period can be set appropriately, which also brings effective cost control.
To be a leader in the construction industry with efficiently continuous improvement in quality, time, cost, safety, social responsibility, and environment.
The Company has set a strategy for its intensive business operations with a strategy to restructure its internal management focusing on human resource management and information system management to be more effective in order to increase the Company's competitiveness as follows:
For a long time, the Company has established and implemented a strong corporate culture, like constructing a tall structure where the most essential thing is to lay a solid foundation. In terms of business culture, when practiced and handed down from generation to generation, it may forge employees to unite together to develop and overcome hurdles in order to maximize work efficiency and effectiveness. In 2022, the Company established Syntec Core Values & Culture: Trees as a guideline for employees to adhere to, consisting of 5 items
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