From Wikipedia - Reading time: 9 min
| Formerly | Miss Grand International Co., Ltd. (2013–2022) |
|---|---|
| Company type | Public |
| MAI: MGI[1] | |
| Industry | |
| Founded | November 6, 2013 |
| Founder | Nawat Itsaragrisil |
| Headquarters | 1751 Soi Ladprao 94 (Punjamit), Plubpla, Wangthonglang, Bangkok , |
Area served | Worldwide |
Key people |
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| Products |
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| Revenue | |
| Total assets | |
| Total equity | |
| Subsidiaries | |
| Website | missgrand |
Miss Grand International (MGI PCL) is a Thai conglomerate founded in 2013 by Nawat Itsaragrisil, headquartered in Bangkok, Thailand.[4] It comprises numerous businesses in various industries of advertisement, cosmetics, entertainment, events, health products, processed food, talent management,[5][6][7][8] jewelry and aesthetic medicine.[9]
Initially, it was only responsible for the management of the Miss Grand Thailand and Miss Grand International pageants but was later expanded and diversified into other business sectors in the late 2010s.[5]
The company was established as a limited company on November 6, 2013, with an authorized capital of one million Bath, and is chaired by Nawat Itsaragrisil,[4] a Thai television host and producer who had previously served as producer of Miss Thailand World for BEC-Tero. After ending his role with BEC-Tero, Nawat signed a business partnership with Channel 7 and subsequently established his national pageant, Miss Grand Thailand, in mid-2013 and the newly established international pageant, Miss Grand International, which was managed by the Miss Grand International Co., Ltd.[6][10]
Alongside its flagship beauty pageant, the company eventually expanded and diversified into the food-processing and cosmetics industries in 2018 as well as the talent management sector in 2019,[5] which led the company to increase its authorized capital to 50 and 75 million Baht in 2020 and 2022, respectively.[7][8]
The MGI Co., Ltd. was transformed into a public limited company with a registered capital of 105 million Baht on June 15, 2022, and was listed on the Market for Alternative Investment (MAI) on December 14, 2023.[5][11][1] In the corporation with Karmarts, its subsidiary, KMGI Co., Ltd., was established in February 2023 to be responsible for the cosmetics section specifically.[2]
The company also plans to invest in the jewelry segment and aesthetic medicine in late 2024.[9][12]
Miss Grand International PCL and its subsidiary is summarized as the 5 core businesses as follows;[13]
| Section | Revenue Sharing | Product/Service |
|---|---|---|
| Commerce | 40.86% | Cosmetics, processed foods, household products, dietary supplements |
| Talent management | 23.12% | |
| Entertainment and media | 19.06% | |
| Beauty pageants | 12.63% | Miss Grand International, Miss Grand Thailand |
| Rental business and others | 4.33% | MGI Hall |
Initially, the company CEO Nawat Itsaragrisil together with the deputy Ratchaphol Chantaratim held a 99.99 percent stake,[7][11][14] but that was decreased to 71.42 percent after an initial public offering (IPO) in late 2023.[7][11][15]
| Shareholders | Before an IPO[7][11] | After an IPO[16] (December 8, 2023) |
|---|---|---|
| % of Issued Capital | % of Issued Capital | |
| Nawat Itsaragrisil | 60.00 | 42.86 |
| Ratchaphol Chantaratim | 39.99 | 28.57 |
| Karmarts Public Co., Ltd. | — | 2.86 |
| Peerajet Suwannaphasri | — | 2.24 |
| Khanphol Sueaphak | — | 0.95 |
| Charlotte Austin | — | 0.95 |
| Engfa Waraha | — | 0.95 |
| Pongsak Thammathat-aree | — | 0.95 |
| Sura Khanittaweekul | — | 0.95 |
| Krittidet Prachanukul | — | 0.71 |
| Others | — | 18.01 |
| Total | 100.00 |
100.00
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