Kang Yong Electric Public Company Limited (KYE or the Company) was established on January 12, 1964 by Mr. Sitthiphol Phodhivorakhun with a start-up registered capital 10 million baht in the name Kang Yong Electric Manufacturing Company Limited under a Thai-Japanese joint venture between Phodhivorakhun family group and Mitsubishi Electric Corporation, Japan, in order to manufacture and distribute home electrical appliances under Mitsubishi Electric trademark. In 1993, the Company was approved to be listed on the Stock Exchange of Thailand (SET) and transformed into a public limited company in the name Kang Yong Electric Public Company Limited, with stock symbol KYE. It has a registered and paid-up capital of 220 million baht divided into 22 million ordinary shares with a par value of 10 baht per share. On September 12, 2019 the registered capital was reduced to 198 million baht or 19.8 million shares.
Presently, the Companys office and factory are located on an area of 73 rai 2 ngan 23 square wah, at address No. 67 Moo 11, Debaratna Road Km. 20, Samut Prakan 10540. The Company is a manufacturer and distributor of Mitsubishi Electric home electrical appliances such as refrigerators, electric fans, ventilating fans, water pumps under the license and production technology provided by its joint venture partner, Mitsubishi Electric Corporation, Japan.