Nature of Business

 

DO to make every DAY your DREAM

The Company was incorporated on 20 September 2010 with the initial registered capital of 1 Million Baht by Pornpatanarak family to operate as an Original Equipment Manufacturer (OEM) and provide business consultation related to skin products. Later in 2013, the Company saw the opportunity in creating its own brand as the Company has gain expertise in production together with the positive growth outlook of the industry. Consequently, the Company commenced its business in manufacturing and distributing skin care products under the trademark “NAMU LIFE” with the product line “SNAILWHITE” that reflects its unique feature of using snail secretion filtrates as the key ingredient. From 2013 to 2017, the Company’s products gained popularity and awareness among consumers and was reflected in the Company’s performance and continuous growth. Key success factors include the use of premium ingredients with skin nourishing properties and unique value propositions that highlight natural beauty, the effective marketing plans using celebrities as presenters to endorse the products, consistent new product launch and expansion of local and international distribution channels.

We are currently Produces, researches and develops, markets, and distributes consumer goods in the categories of skin care, oral care, hair equipment, beauty equipment, health care, home and kitchen appliances, and lifestyle goods under company’s own brand

Company Milestone

2023
  • In February 2023, the Company will purchase shares of Do Day Dream Trading PTE Limited (DDDT), an indirect subsidiary of the Company, amounting to 300,000 USD, at 1 USD per share, totaling 300,000 USD from Do Infinite Dream Company (DID), an indirect subsidiary in which the Company holds 99.99% of the shares at the fair value according to DDDT’s financial statement as of December 31, 2022, which was certified by the signatory, after restructuring DDDT will be a direct subsidiary of the Company.
  • In June 2023, the Board of Directors approved the acquisition of common shares in Skin Make Smile Limited (SMS). As of May 2023, there is a paid-up capital 5,000,000 Baht, consisting of 50,000 ordinary shares at 100 baht per share. Trading at a value of 1,000,000 Baht or 66.67 Baht per share at the price as agreed by the buyer and seller by cash payment method, will increase the flexibility, efficiency, and synergy among DDD Group, Furthermore, SoS brand under SMS has a high growth momentum and potential.
  • In August 2023, the Board of Directors approved the liquidation of Do Day Dream Holding PTE Limited (DDDH), an indirect subsidiary of the Company in Singapore. It has a registered capital of 300,000 USD. The Company holds 100% of shares and there is no transaction at present and objectives of the capital reduction for reduce administrative expenses. However, the liquidation of such indirect subsidiary, it will not affect the Company’s performance. The estimated time to liquidate the Company is about 6 months
2022
  • In August 2022, the Board of Directors resolved to acquire 33,660,000 shares in Do Day Dream Philippines Corporation, an indirect subsidiary of the Company, or 51.00% of the registered capital, at a price of 1 PHP The total par value (capital price) was 33,660,000 Philippine pesos from Do Day Dream Trading Pte. Ltd. an indirect subsidiary in which the Company holds 99.99% shares Do Day Dream Philippines is a direct subsidiary of the Company. The transfer of shares was completed on December 23, 2022.
  • In October 2022, the shareholders of Do Day Dream Holding Pte. Ltd. considered reducing the registered capital of Do Day Dream Holding Pte. Ltd. from the original registered capital of 2,000,000 shares of USD 1 per share, a decrease of 1,700,000 shares (approximately THB 61.03 million at the exchange rate of THB 35.90 per USD 1) Residual 300,000 shares of USD 1 each.
2021
  • On 4 March 2021, the Company acquired the stakes in Kuron Company Limited (“Kuron”) and Alexi Training and Consulting Company Limited (“Alexi”) from existing shareholders for additional 24% to increase its shareholding of both companies from 76% to 100%.
  • On 12 November 2021, Namu Life Plus Company Limited (“Namu Life Plus”), a subsidiary, resolved the increase in registered capital of THB 295 million (from THB 5 million to THB 300 million) through the issuance of 2,950,000 new ordinary shares at a par value of THB 100 per share.
  • On 28 December 2021, Skin Make Smiles Company Limited (“SMS”), a subsidiary, sold 800,000 shares in JMS Global Solution Company Limited (“JMS”) (equivalent to 40% of total shares in JMS) to GP Club (GPC) at a selling price of THB 79,666,657 in total. “Kuron” trademark of innovative beauty products.
2020
  • On March 5th, the Company completed a 76% share acquisition of Kuron Company Limited and Alexi Training and Consulting Company Limited from existing shareholders with the objective to expand its business into hair styling products and oral care products under the brands “Lesasha” and “Sparkle” respectively as well as personnel management services to support the Company’s sales.
  • In April, Skin Make Smiles Company Limited “SMS”, a subsidiary, jointly invested 40% of shares with GP Club Company Limited “GPS”, a large-sized whitening skin care product distributor from Korea, to set up JMS Global Solution Company Limited to distribute the Company’s products in countries in Asia.
2019
  • The Board of Directors' Meeting No. 7/2019 on December 17, 2019 approved the establishment of a joint venture company between Skin Make Smiles Co., Ltd. ("SMS"). And GP Club Company Limited ("GPC"), a large Korean skincare distribution company, to distribute its products to Asian countries.
2018
  • In January, the Company has set up 2 subsidiary companies to increase Efficiency in business operations and support business expansion in future, as well as for various tax benefits, including
    (1) DO DAY DREAM TRADING PTE LIMITED
    (2) DO DAY DREAM HOLDING PTE LIMITED
  • In March, the Company established Dream Dermatology Company Limited with initial registered capital of 50 Million Baht at a par value of 100 Baht per share, totaling 500,000 shares, to engage in distributing Oxe’Cure cosmeceutical products. The Company held 95% of shares at the establishment date. In April, the subsidiary acquired trademark Oxe’Cure from WellGrow Med Company Limited.
  • The Company founded a subsidiary, Skin Make Smiles Company Limited in June with the registered capital of 5 Million Baht at a par value of 100 Baht per share totaling 50,000 shares. The paid-up capital on the date of establishment is 1,250,000 baht with a paid-up share value of 25 baht per share to operate skincare products for customers with dry skin and lack of moisture. Not radiant. There are wrinkles and sagging for millennials under the SoS trademark “SOS” and “PRETTiiFACE’s” The Company holds 70% of the shares as of the date of establishment.
  • The Company expanded its distribution of skin care products in the Philippines through the acquisition of 33,660,000 newly-issued shares of Do Day Dream KCA Philippines Corporation at a par value of 1 Philippine Peso per share. This is equivalent of 51% of all newly-issued shares worth 33,660,000 Philippine Peso or around 21.17 Million Baht. The Company already registered the capital increase according to the laws in the Philippines on 13 August 2018. Later, the name was changed to Do Day Dream Philippines Corporation.
2017
  • The Company converted to be a public company and changed the name to Do Day Dream Public Company Limited on 22 March 2017
  • Adjusted the par value of its shares from 100 Baht per share to 1 Baht per share and increased its registered capital from 225 Million Baht to 318 Million Baht to support its listing in the Stock Exchange of Thailand. The Company allocated (1) not exceeding 76 Million new ordinary shares with a par value of 1 Baht for its initial public offering (IPO) (2) not exceeding 2 Million new ordinary shares with a par value of 1 Baht per share to offer to directors, executives and employees under an Employee Share Ownership Program (ESOP) and (3) not exceeding 15 Million new ordinary shares with a par value of 1 Baht per share as a private placement for institutional investors.
  • Extraordinary General Meeting of Shareholders No. 2/2017 on July 27, 2017 the Company allocated its 15 Million new ordinary shares with a par value of 1 Baht per share at a price of 29.87 Baht per share to North Haven Thai Private Equity Clarity Company (HK) Limited (“NHTPEC”), a legal entity established to purchase shares of the Company while North Haven Thai Private Equity L.P. (“NHTPE”) is the sole indirect shareholders (NHTPE holds all shares in North Haven Thai Private Equity Holding (HK) Limited (“NHTPEH”) and NHTPEH fully owns NHTPEC) and eligible for a private placement under the definition according to the Notification of the Securities and Exchange Commission Kor Jor 17/2008 on Determination of Definitions in Notifications concerning Issuance and Offer for Sale of Securities on 15 December 2008 (including amendments).
  • Extraordinary General Meeting of Shareholders No. 9/2017 on September 25, 2017 Approved the plan to establish 3 subsidiaries. In order to increase the efficiency of business operations and support future business expansion as well as for various tax benefits, such subsidiaries are as follows: (1) Do Infinite Dream Co., Ltd. To be a business company International Headquarter (“International Head quarter or “IHQ”) that holds shares in companies that registered in the other countries of the company. (2) Do Day Dream Trading Pte. Limited in Singapore to sell products of the Company to customers overseas. (3) Do Day Dream Holding Pte. Limited in Singapore as Holding Company to invest in business Company business abroad by the date of October 12, 2017, Do Infinite Dream Co., Ltd. registered the company and issued 1,000,000 new shares at a par value of Baht 100 per share, payable by 25 percent, equivalent to Baht 25,000,000, and the Company acquired 999,997 shares, equivalent to 100 percent.
  • The Company has offered 76 million newly issued ordinary shares. Par value of Baht 1 per share for initial public offering (IPO) and commenced trading on the Stock Exchange of Thailand. On December 26, 2017
2016
  • In March, the Company was restructured by issuing additional shares worth 50 Million Baht. As a result, the registered and paid-up capital rose to 60 Million Baht. This was done by issuing 500,000 shares for (1) Pornpatanarak family, the existing shareholder and (2) a share swap between existing shareholders of Namu Life Plus at a ratio of 4 Namu Life Plus share to 1 new ordinary share of the Company. After the restructuring, the Company held 99.74% shares in Namu Life Plus.
  • The Company purchased the remaining 126 shares at 100 Baht per share from existing shareholders of Namu Life Plus so that the Company had 100% ownership.
  • After the restructuring, the Company increased its registered capital further from 60 Million Baht to 225 Million Baht to be used as working capital for business operations.
  • The Company refurbished its factory to improve the production process in September and commenced the production in October.
  • Expand distribution channels by establishing and operating products through the Company's stores. There are two NAMU LIFE stores at Siam BTS station in August and Show DC in November.
2015
  • The Company expanded its production base through its investment in buying a land with a factory at Rojana Industrial Park in Ayutthaya province and started renovating the new factory since December. The total investment was 58 Million Baht.
  • The Company established a subsidiary names Namu Life Plus Company Limited (“Namu Life Plus) in March with registered capital of 5 Million Baht or 50,000 shares at a par value of 100 Baht per share. The paid-up capital at the establishment date was 1.25 Million Baht The price of outstanding shares of 25 Baht per share. The new subsidiary engages in distributing the Company’s skin care products. The Company held 69% of shares at the establishment date.
2014
  • The Company increased the registered and paid-up capital from 1 Million Baht to 10 Million Baht at a par value of 100 Baht per share, in June, to support the Company’s business.
  • The Company began its distribution through modern trade as another channel to reach more consumers starting with Big C, Watsons and Boots in May, August and September respectively.
  • The Company expand its business overseas starting with Asian i.e. Hong Kong, China, Myanmar and Cambodia.
2013
  • The Company commenced its business in manufacturing and distribution of skin care products with the product line “SNAILWHITE” under the trademark “NAMU LIFE”. The first product launched was facial cream under the brand of NAMU LIFE SNAILWHITE SNAIL SECRETION FILTRATE MOISTURE FACIAL CREAM (“NAMU LIFE SNAILWHITE FACIAL CREAM”) in March through social media channels and was distributed via traditional trade channels.
2010
  • Do Day Dream Company Limited was founded by Pornpatanarak family in September 2010 with the objective to operate as an Original Equipment Manufacturer (OEM) and provide business consultation related to skin products. The initial registered and paid-up capital is 1 Million Baht or a total of 10,000 shares at a par value of 100 Baht per share.