Jakpaisan Estate Public Company Limited, or JAK, was registered on April 4th, 2003, with an initial registered capital of 10,000,000 baht (ten million baht) (with 100,000 shares and a par value of 100.00 baht per share) under the company name of "Asia Thanasin Leasing Company Limited" in order to operate a car leasing business. The company was established and managed by Mr. Weeraphan Jakpaisan. Subsequently, in 2005, Mr. Weeraphan Jakpaisan found an opportunity to operate a real estate development business. Therefore, he started to operate a real estate business seriously and has operated this business up till now. Mr. Weeraphan pioneers and develops the real estate business of the company, starting by developing some commercial building projects in Saraburi, Phra Nakhon Si Ayutthaya, and Chonburi; some housing projects to sell detached houses and semi-detached houses in Saraburi and Chachoengsao; and a low-rise condominium project in Bangkok, with a focus on potential locations, convenient transport, modern design, proper utility, construction quality, and proper sanitary system management. The goal of the company is to please and impress customers, so the company’s projects have received good feedback continuously from customers.
In February 2015, the company name was changed to "Asia Thanasin Company Limited," and the company went out of the car leasing business in the same year to operate a real estate business completely and solely.
On July 12th, 2018, the company name was changed to "Jakpaisan Estate Company Limited." Subsequently, on April 9th, 2019, the company was registered to be transformed as a public limited company and the par value was changed from 100.00 baht per share to 1.00 baht per share. In addition, the registered capital was also increased from 237,290,100 baht (two hundred and thirty-seven million, two hundred and ninety thousand and one hundred baht) to 320,000,000 baht (three hundred and twenty million baht) by issuing 82,709,900 ordinary shares to increase the capital and offer to the public on January 8th, 11th, and 12th, 2021, with a price of 1.45 baht per share. Therefore, the total offering value was 119,929,355 baht. The company registered to change its paid-up capital to be 320,000,000 baht (three hundred and twenty million baht) on January 13th, 2021.
On January 18th, 2021, the company was approved by the Market for Alternative Investment (MAI), enabling the company’s ordinary shares to be sold and purchased with the abbreviation of JAK