Type Public limited Founder William E. Heinecke Headquarters Thailand | Traded as SET: MINT CEO William Heinecke Revenue 48.15 billion THB (2015) | |
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Industry Hospitality industry, Agro and Food Industry Founded September 1, 1978 (1978-09-01) (Thailand) Number of locations 1,257 restaurants, 9,821 hotel rooms Stock price MINT (BKK) THB 34.25 0.00 (0.00%)13 Mar, 4:39 PM GMT+7 - Disclaimer Subsidiaries Minor Hotels, The Pizza Company, Thai Express | ||
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Minor International (MINT) is one of the largest hospitality and leisure company in the Asia Pacific Region, operating over 140 hotels and resorts, 1,800 restaurants, and 307 retail trading outlets in Thailand and in 32 markets from Africa to Australia, including South America and Europe. Based in Bangkok, Thailand, it operates hotels under the Anantara, AVANI, PER AQUUM, Oaks, Tivoli, Elewana Collection, Four Seasons, St. Regis, JW Marriott, Marriott, and Radisson Blu brands, owns The Pizza Company, Thai Express, and Riverside Restaurant franchises, and operates restaurants under the Swensen's, Sizzler, Dairy Queen, Burger King, and The Coffee Club brands in Thailand and other countries.
Contents
Executive focus william e heinecke chairman ceo minor international
History
Minor International was founded in 1978 as Royal Garden Resorts (RGR) with initial capital of three million baht. The company was listed on the Stock Exchange of Thailand (SET) on 14 August 1988 (1988-08-14). In late 2004, the company completed the acquisition of 100 percent of the Minor Food Group and followed this in January 2005 with its de-listing from the Stock Exchange of Thailand.
In 2006, Anantara entered Dubai at The Palm Jumeriah In 2008, William Heinecke acquired 70 percent of Thai Express and 50 percent of The Coffee Club and 50 percent of Elewana Afrika for US$12 million In 2008 he opened the Desert Islands Resort and Spa (Anantara) on Sir Bani Yas Island in Abu Dhabi
On 12 June 2009, the company completed a business restructuring plan with Minor Corporation (MINOR). As a result, the company has directly and indirectly owned 99.92 percent of Minor's equity interest. On 22 June 2009, Minor was delisted from the Stock Exchange of Thailand.
In July 2011, MINT completed a compulsory acquisition and purchased most of the shares of Oaks Hotels and Resorts Limited, a listed company on the Australian Securities Exchange and doing Management Letting Right (MLR) business in Australia, New Zealand, and Dubai with a portfolio of 36 serviced suites under the "Oaks" brand.
Businesses
MINT operates three main businesses:
- Hotels and mixed use
- Restaurants
- Retail trading and contract manufacturing
Hotels and mixed use
MINT has 126 hotels and serviced suites with over 16,500 rooms in its portfolio. The hotel business can be divided into four categories:
Hotel-related businesses include:
Restaurants
Through its subsidiary, Minor Food Group PCL, MINT has one of the largest quick service restaurant operations in Asia, with over 1,700 restaurant outlets in Thailand, the Middle East, Asia, and Australia.
Retail trading
MINT operates its retail trading and contract manufacturing business through Minor Corporation PCL, the group's consumer lifestyle company. Minor Corporation is a distributor of international lifestyle consumer brands in Thailand, focusing primarily on fashion, cosmetics, and household products through retail, wholesale, and direct marketing channels.