2000 - Principal Capital Public Company Limited ("Company") was originally incorporated under the name "Metrostar Property Company Limited" to engage in the residential property development business.
2005 - The Company was listed on the Stock Exchange of Thailand.
2013 - Following a change in the shareholding structure, the Company was renamed Principal Capital Public Company Limited.
2017 - The Company acquired shares of Principal Health Care Company Limited (“PRINH”) (originally Alliance Medical Asia Company Limited) which was operating a private hospital business, with four network hospitals in three provinces. Two other hospitals were acquired in
2018 - One was Princ Hospital Suvarnabhumi (originally Piyamin Hospital) - which was a large hospital in Samut Prakan Province.
2019 - Princ Hospital Uthai Thani, of which operation had been suspended, and the acquisition was for renovation. Both hospitals opened to provide healthcare services in this Year. Following the acquisitions, the Company's core business became operating and management of private hospitals, The Company has been determined to expand the Princ Healthcare Hospital network through building new hospitals, forming joint ventures with alliances, and acquiring existing businesses with good potential for renovation and development to upgrade them to offer medical treatment using modern medical technologies. It aims to expand the hospital network to cover all the regions of the country, focusing on provinces with no private hospitals or the provinces with scarcity of medical services.
2019 - The Company changed its sector on the SET from “Property Development” to “Healthcare Services” to be in line with the Company’s policy.
2019-2021 - Six hospitals were added to the network through business acquisition, partnering with the local alliance and greenfield building to expand its network coverage to the northern, northeastern, and southern regions. Three hospitals in the northern region include Sirivej Lamphun Hospital and Princ Hospital Lamphun in Lamphun Province and Pitsanuvej Uttaradit Hospital in Uttaradit Province. Two hospitals in the northeastern region include Princ Hospital Srisaket in Srisaket Province and Princ Hospital Ubonratchatani in Ubon Ratchathani Province. One hospital in the south is Virajsilp Hospital in Chumphon Province. As a result, there is a total of 12 hospitals in the network located in 10 provinces that cover all regions. By the end of 2021, a new subsidiary was established by partnering with Ratch Group PCL. (RATCH) to build a new hospital under the name Princ Hospital Sakon Nakhon. The construction is expected to be complete in 2022 and open for service in the first quarter of 2023.