XSpring Capital Management

Management criteria checks 3/4

XSpring Capital's CEO is Rathian Srimongkol, appointed in Feb 2024, has a tenure of less than a year. directly owns 2.83% of the company’s shares, worth THB272.49M. The average tenure of the management team and the board of directors is 4.6 years and 3.8 years respectively.

Key information

Rathian Srimongkol

Chief executive officer

฿1.2m

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	2.8%
Management average tenure	4.6yrs
Board average tenure	3.8yrs

Recent management updates

Recent updates

CEO

Rathian Srimongkol (64 yo)

less than a year

Tenure

฿1,230,000

Compensation

Dr. Rathian Srimongkol, M.D. served as Chairman of the Board at XSpring Capital Public Company Limited (former name: Seamico Capital Public Company Limited) since February 12, 2021 until February 23, 2024...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Rathian Srimongkol	Chief Executive Officer & Director	less than a year	฿1.23m	2.83% THB 272.5m
Watchararrus Tungsomboon	Chief Financial Officer	2.6yrs	no data	no data
Teerath Pratumsuwan	Executive Vice President of Investment Group	4.6yrs	no data	no data
Chalit Chulajaruwong	Executive Vice President of Compliance & Internal Audit Unit	5.9yrs	no data	no data
M.L. Thongyai	Deputy Chief Executive Officer	6.5yrs	no data	no data
Varisara Ummaritchoti	Executive VP of Finance & Corporate Strategy	2.8yrs	no data	no data
Pichai Yimjaipoonsup	Chief of Risk & Operating Policies Group	no data	no data	no data
Pornpilas Harnchanpanich	Company Secretary	9yrs	no data	no data

4.6yrs

Average Tenure

58yo

Average Age

Experienced Management: XPG's management team is considered experienced (4.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Rathian Srimongkol	Chief Executive Officer & Director	3.8yrs	฿1.23m	2.83% THB 272.5m
Kittichai Raktakanit	Independent Director	5.6yrs	฿720.00k	no data
Thongchai Jira-Alongkorn	Non-Authorized Director	2.9yrs	฿540.00k	no data
Pinit Puapan	Director	3.8yrs	฿660.00k	no data
Thanarak Phongphatar	Independent Chairman	5.7yrs	฿730.00k	no data
Pairoj Boonkongchuen	Independent Director	3.5yrs	฿660.00k	no data
Apichart Jutrakul	Non-Authorized Director	1.8yrs	฿310.83k	no data

3.8yrs

Average Tenure

64yo

Average Age

Experienced Board: XPG's board of directors are considered experienced (3.8 years average tenure).

XSpring Capital Management

Management criteria checks 3/4

Key information

Recent management updates

XSpring Capital Public Company Limited, Annual General Meeting, Apr 26, 2024

XSpring Capital Public Company Limited Appoints Rathian Srimongkol as Chief Executive Officer

XSpring Capital Public Company Limited Appoints Thanarak Phongphatar as Member of the Audit Committee

Xspring Capital Public Company Limited Announces Resignation of Mr. Arthit Suriyabhivadh from His Esteemed Positions as Director, Independent Director, Audit Committee Member, and Corporate Governance Committee Member

Xspring Capital Public Company Limited Announces Management Changes

Xspring Capital Public Company Limited Announces Termination of Chatchariya Srinontong as Chief Accountant, Effective from 15 November 2022

Recent updates

Third quarter 2024 earnings released: EPS: ฿0.006 (vs ฿0.004 in 3Q 2023)

Second quarter 2024 earnings released: EPS: ฿0 (vs ฿0.004 in 2Q 2023)

First quarter 2024 earnings released: EPS: ฿0.005 (vs ฿0.001 loss in 1Q 2023)

New minor risk - Shareholder dilution

Full year 2023 earnings released: EPS: ฿0.011 (vs ฿0.018 loss in FY 2022)

XSpring Capital Public Company Limited, Annual General Meeting, Apr 26, 2024

XSpring Capital Public Company Limited Appoints Rathian Srimongkol as Chief Executive Officer

Third quarter 2023 earnings released: EPS: ฿0.004 (vs ฿0 in 3Q 2022)

XSpring Capital Public Company Limited Appoints Thanarak Phongphatar as Member of the Audit Committee

Xspring Capital Public Company Limited Announces Resignation of Mr. Arthit Suriyabhivadh from His Esteemed Positions as Director, Independent Director, Audit Committee Member, and Corporate Governance Committee Member

Second quarter 2023 earnings released: EPS: ฿0.004 (vs ฿0.01 loss in 2Q 2022)

Xspring Capital Public Company Limited Announces Management Changes

Third quarter 2022 earnings released: EPS: ฿0 (vs ฿0.005 loss in 3Q 2021)

Xspring Capital Public Company Limited Announces Termination of Chatchariya Srinontong as Chief Accountant, Effective from 15 November 2022

Less than half of directors are independent

Second quarter 2022 earnings released: ฿0.01 loss per share (vs ฿0.009 profit in 2Q 2021)

XSpring Capital Public Company Limited Ordinary Shares to Be Deleted from OTC Equity

First quarter 2022 earnings released: ฿0.004 loss per share (vs ฿0.03 profit in 1Q 2021)

Less than half of directors are independent

XSpring Capital Public Company Limited Announces Executive Changes

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

XSpring Capital Public Company Limited, Annual General Meeting, Apr 27, 2022

Xspring Capital Public Company Limited Announces CFO Change

Third quarter 2021 earnings released: ฿0.005 loss per share (vs ฿0.001 profit in 3Q 2020)

XSpring Capital Public Company Limited announced that it expects to receive funding from Sansiri Public Company Limited, The Viriyah Insurance Public Company Limited and other investors

First quarter 2021 earnings released: EPS ฿0.03 (vs ฿0.005 loss in 1Q 2020)

Seamico Capital Public Company Limited, Annual General Meeting, Apr 28, 2021

Full year 2020 earnings released: ฿0.01 loss per share (vs ฿0.051 profit in FY 2019)

New 90-day high: ฿2.44

Seamico Capital Public Company Limited Announces Appointment of Authorized Directors and the Chairman

Chairman of the Board Suthep Wongvorazathe has left the company

Seamico Capital Public Company Limited Announces Executive Changes

New 90-day high: ฿1.28

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

New 90-day high: ฿1.10

Investor sentiment improved over the past week

Seamico Securities Public Company Limited Appoints Arthit Suriyabhivadh as Independent Director

New 90-day high: ฿0.73

New 90-day high: ฿0.69

Third quarter 2020 earnings released: EPS ฿0.001

New 90-day low: ฿0.58

New 90-day low: ฿0.59

A group of eight individuals acquired 14.56% stake in Raimon Land Public Company Limited (SET: RAIMON) from Seamico Securities Public Co. Ltd. (SET: ZMICO).

New 90-day low - ฿0.62

Seamico Securities Public Company Limited Announces Changes to Chief Executive Officer

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age