Company Structure


Sub Sri Thai Public Company Limited

Sub Sri Thai Public Company Limited started operating business in warehouse and wharf in 1976, registered into a public company limited in 1994. With our long experience in warehouse business the company has expanded into document storage service in 1995 and with the development of document storage in AS/RS (AUTOMATED STORAGE AND RETRIEVAL SYSTEMS), BARCODE and COMPUTER into the application of storage and search with documents effectively with the storage of electronic media or any goods required to be stored in a temperature control room.

In October 2009, the company established a subsidiary, SST Warehouse Co., Ltd., to operate warehouse business instead while as the company has still operated marine wharf business, leasing space of warehouse, stock management and document storage service.

Later in January of 2012, the Company has moved on into food and beverage business by buying shares at 100% in Mudman Co., Ltd., Golden Donuts (Thailand) Co., Ltd., and ABP Café (Thailand) Co., Ltd., The Golden Donuts (Thailand) Co., Ltd., is the company holding the franchise brand of “Dunkin’ Donuts” in Thailand while ABP Café (Thailand) Co., Ltd., holds the franchised brand, “Au Bon Pain” in Thailand. After that, the company has also expanded into food and beverage business by buying the assets used in the business of ice-cream, “Baskin Robbins” exclusively in Thailand through the subsidiary, Golden Scoop Co., Ltd.

In order to expand more business opportunities for the Company and Mudman Limited (subsidiary) has acquired the shares of Greyhound Co., Ltd. and Greyhound Café Co., Ltd. on July 22, 2014. This acquisition allowed the Company can expand it’s the food and beverage business to more target group of customers, especially the opportunities in expanding to foreign country. Moreover, this acquisition enhanced our group of the Company have own brand and increased the potential to expand our business in the future to diversify the risk from the existing business to apparel business.

In the year 2017, Mudman Public Company Limited (“MM”) was listed on the Market for Alternative Investment (MAI), so that MM could raise funds in the capital market to support future business expansion to enhance ability for competitiveness in the future. It also increases the strength in financial to the Company and MM as well as reduced the burden of relying on the Company's funding sources.

MM has commenced trading on the Market for Alternative Investment (MAI) on April 11, 2017.

In September, 2017, the company expanded its business by entering to the hotel business which the first hotel is. A 4 – 5 star hotel named of "House of Tin Baron" located in centrally of Phuket province. There is a restaurant in the hotel named "Old Town". The construction period is 1-3 years. When restaurants and hotels start operation, it help the company earn more revenue and profit.

As of December 31, 2018, Sub Sri Thai Public Company Limited has operated in 3 major businesses which are warehouse and wharf, food and beverage and apparel business with 9 subsidiary companies as following:


โครงสร้างกลุ่มบริษัท Company Structure

Warehouse and Wharf Business

1. SST Warehouse Co., Ltd.

SST Warehouse Co., Ltd., was established on July 10, 2009 with the registered and paid up capital is 5,000,000 Baht ( Five million Baht) . SST Warehouse Co. , Ltd. , has operated licensed warehouse with its main objective in depositing of goods with remuneration or benefits.


Food and Beverage Business

2. Mudman Ltd.

This company operates business as a Holding Company, registered as a public company on April 19, 2016. with the registered capital of 1,054,903,750 Baht. Mudman Plc. holds ordinary shares at 100% in ABP Café (Thailand) Co., Ltd., Golden Donuts (Thailand) Co., Ltd., Golden Scoop Co., Ltd. and holds ordinary shares and preference shares at 100% in Greyhound Co., Ltd. and Greyhound Caf? Co., Ltd.


3. ABP Café (Thailand) Co., Ltd.

This company is the franchise holder of “Au Bon Pain” solely in Thailand, with registered capital of 40,000,000 Baht. “Au Bon Pain” is a food outlet network in bakery and café with branches around the world. There are 77 branches outlets in Thailand at the end of 2018.


4. Golden Donuts (Thailand) Co., Ltd.

This company is the franchise holder of “Dunkin’ Donuts” solely in Thailand with the registered capital of 300,000,000 Baht. “Dunkin’ Donuts” is a outlet network of donuts and beverages with branches around the world. There are 301 branches outlets in Thailand at the end of 2018.


5. Golden Scoop Co., Ltd.

This company operates ice- cream business under the brand “Baskin Robbins” , established by Mudman Plc., with registered capital of 125,000,000 Baht, with the purchase of rights and properties in operating distribution business of ice-cream under the “Baskin Robbins” brand from Big Scoop Co., Ltd., in June 2012. At the end of 2018, Baskin-Robbins has totally 36 branch outlets in Thailand.


6. Greyhound Café Co., Ltd.

lGreyhound Café Co., Ltd. operates restaurant business under the names of “Greyhound Café” , “Another Hound Café” , “KIN HEY by Greyhound and “M-Kitchen” with registered capital of 10,784,300 Baht. The Company and Mudman Plc. (subsidiary) have purchased all ordinary shares and preferred shares of Greyhound Caf? Co. , Ltd. from the existing shareholders of Greyhound group on July 22, 2014. At the end of 2018, there are 38 branches in Thailand and oversea: 20 brances in Thailand and 18 branches oversea.


7. Mudman Inernational Limited

On November 27, 2017, Madman Public Company Limited, a subsidiary of the Company, invested in Mudman International Limited, a newly established company in the Republic of Mauritius with registered capital of Baht 975,525. The purpose of the establishment is to invest in other companies which located in foreign countries.

Subsequently, on December 21, 2017 Mudman International Limited purchased the ordinary shares of Societe Langonnaise des Vins et Hotelleries SAS ("SLVH"), which operates food and beverage in France under trademark “Le Grand Vefour”. The registered capital is Baht 17,670,290. There is 1 branch at the end of 2018.


Lifestyle Business

8. Greyhound Co., Ltd.

Greyhound Co. , Ltd. operates business as produce and distribute fashions and accessories under Greyhound” with registered capital of 96,990,000 Baht. The Company and Mudman Plc. (subsidiary) have purchased all ordinary shares of Greyhound Co., Ltd. from the existing shareholders of Greyhound group on July 22, 2014. At the end of 2018, there are 11 branches in Thailand in various brands in order to reach the target customers which have different styles. The significant brands are Greyhound Original and Smileyhound and there are daily appliances products sold in shop Everything-Hound.


Other Business

9. SST REIT Management Co., Ltd.

SST REIT Management Co., Ltd., was established on September 29, 2017 with a paid-up capital of Baht 10,000,000, with 100,000 common shares at the par value of Baht 100 per share and the main objective to manage business as a REIT Manager for Real Estate Investment Trust. A major shareholder is Sub Sri Thai Plc. with holding 100%. SST REIT Management Co., Ltd., received the REIT Manager license from the SEC on 1st December 2017. Currently, SST REIT Management Co., Ltd., manages Sub Sri Thai Real Estate Investment Trust.


Shareholding of the Parent Company in a Subsidiary


โครงสร้างกลุ่มบริษัท Company Structure

Sub Sri Thai Public Company Limited

Head office:

115,115/7-10 Village No. 6, Soi Suksawat 76, Bangjark,
Phrapradang, Samutraprakarn.
Bang Chak Subdistrict Phra Pradaeng District Samut Prakan Province Bangkok 10130
Tel. 0-2318-5514-5

Warehouse 1 & Wharf :

71, 71/1-9 Mhoo 1, Soi Suksawat 49, Suksawat Rd., Bangjark, Phrapradang, Samutraprakarn.
Tel. 02-463-4280-5, 02-4626325

Warehouse 2-3 & Documentary Warehouse:

115 Mhoo 6, Soi Suksawat 76, Suksawat Rd., Bangjark,
Phrapradang, Samutraprakarn.
Tel. 02-463-0127, 02-464-1502-9

Contact :

E-Mail : sst@subsrithai.co.th
Tel : 0-2318-5514-5

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