1973 - 1993
Khun Pisith Patamasatayasonthi has been interested in manufacturing and distributing furniture business since 1973 and initiated in producing iron furniture under brand “Winner”, focusing on mass market.
In 1991, the company launched new furniture brand as “Index Furniture” in order to penetrating and expanding the business in the customer in mass to premium mass group.
Bangkok Franchise co.,ltd was founded in 1994 by Patamasatayasonthi family.
1995 - 2008
The company launched new concept of specialty retail standalone shop named “Index Living Mall” as one stop department store for furniture and home decorations. The first store was at Future Park Rangsit and the company continuously opened 15 stores in Bangkok and big cities in Thailand.
2009 – 2011
Emerging Franchise business oversea
Started space rental service business in term of “Community mall”
Founded “The Walk co.,ltd” and opened the first branch “The Walk”
Expanded community mall business and opened the second branch of The Walk
Launched electric products and home appliances at Index Living Mall under new concept “Power One”
Penetrated oversea markets
Expanded The Walk in other provinces
Penetrated premium market with “BoConcept” luxury brand from Denmark
Restructured company group by moving furniture factory to be under company management
Established a subsidiary, Home Service (Thailand) Company Limited, to provide repair services, renovations and additional services related to housing.
Purchased additional shares in ILM Malaysia in accordance with the shareholding to launch more Index Living Mall in Malaysia.
Index Living Mall, Nakhon Pathom Branch and Chachoengsao Branch were launched. These potential locations are in metropolitan areas and in the Eastern region respectively.
The Walk Company Limited, a rental and retail space service business increased its registered and paid-up capital by 24.0 million Baht from 1.0 million Baht to 25.0 million Baht with a par value of 100.0 Baht.
The Little Walk Bang Na, a downsized community mall from The Walk, was officially launched to meet the lifestyle of the people in Bang Na area.
The first branch of Younique was launched at Index Living Mall, Rama 2 branch. Younique Customized Furniture 4.0 is a new custom-made furniture that can be customized by designs and multi-functions. It is fast and allows customers to stay within a budget. The Company is the first and only licensee in Thailand to use this technology which was granted by technology developers.
According to the resolution of the Board of Directors Meeting No. 12/2017, held on October 20, 2017, the Board resolved to increase the capital in ILM Malaysia from 30.0% to 51.0% of the total paid-up capital and changed its name to Index Living Mall Malaysia SDN. BHD. The Company managed and established the main policy in Index Living Mall Malaysia SDN. BHD.
Index Living Mall, Surin Branch and Rama 2 Branch were launched in order to cover more areas of customer service. These branches are located in potential areas of the Northeast region and metropolitan areas respectively.
The furniture brand MOMENTOUS, American-style luxury living furniture under the concept of "Living in the Moment", was launched at Siam Paragon Department Store
Home Service (Thailand) Company Limited changed its name to Index Living Mall Inter Company Limited. The Company received the franchise business from Patamasatayasonthi Family to provide franchise rights to foreign operators.
Adjusted the shareholder structure, registered to be a public company, increased registered capital to support the registration in the Stock Exchange of Thailand and issued an initial public offering.
Discontinued ILM Malaysia because the operating results did not meet the expectations and continued to have financial losses. Products were no longer sold in the store since September 2018 and the legal process continued to proceed.
Index Living Mall, Bang Kruai-Sai Noi Branch was launched. This is a potential area on the west side of Bangkok.
The Company was listed on the Stock Exchange of Thailand (IPO) on July 26, 2019.
Index Living Mall, Chaiyaphruek Branch and Chanthaburi Branch were launched to cover the area of Nonthaburi and the east side respectively.
The first branch of WINNER Store in Ratchaburi was launched. This is a COCO store (Company Owned Company Operated).
The Company launched two branches of Index Living Mall in Vietnam. These are franchise stores in Ho Chi Minh City, Vietnam. Vietnam is a country with high growth potential for business expansion because of the recent high economic growth rate