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Alpha Divisions PCL
Sahachok Building, 148/1 Soi Ramnthra 14
Raminthra Road
Phone: +66 29436663p:+66 29436663 BANGKOK, 10330  Thailand Ticker: ALPHAXALPHAX
Business Summary
Alpha Divisions Public Company Limited is a Thailand-based company. The Company and its subsidiary (the Group) are engaged in two principal businesses: energy business is a producer, distributor, agent for selling electricity from solar energy, wind, water, or others in Lao People’s Democratic Republic, and motorcycles, cars, gold, agricultural equipment hire purchase business and microfinance business in Lao People’s Democratic Republic. The Company’s energy business is operating two hydropower plants in the Lao PDR. Operations are conducted through subsidiaries: Nam Houng 1 Hydropower Sole Co., Ltd. and Namngiep 2C Hydropower Sole Co., Ltd. Its financial business provides vehicle, agricultural equipment, and gold loans through Mahathuen Leasing Public Company (MHTL), as well as microfinance loans through Simoung Express Loan Non Deposits Taking Microfinance Institutions Sole Co., Ltd. (SML). These cover car loans, motorcycle loans, land loans, and Lao government bond loans.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202512/31/2024Yes----

Industries
SIC Code Description
4911 Electric services
6159 Miscellaneous business credit institutions

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, Managing Director Ratan K.Srivastava
Chief Executive Officer, Executive Director KumponSuangburanakul 10/1/2024 9/17/2024
Vice Chairman of the Board KongSurimontol 9/27/2018 9/27/2018
12 additional Officers and Directors records available in full report.

Business Names
Business Name
ALPHAX
OCEAN

General Information
Number of Employees: 199 (As of 12/31/2024)
Outstanding Shares: 9,292,374,138 (As of 6/30/2025)
Stock Exchange: BAK
Fax Number: +66 29437740


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Monday, October 20, 2025