Vikrom Kromadit transfers shares to philanthropy
Amata Foundation, the philanthropic group established in 1996 by Amata Corp chairman Vikrom Kromadit, is growing. Vikrom announced in November last year that he would donate most of his Amata Corp. shares to the Foundation in 2007 to support its activities and growth in perpetuity. Local media have hailed this as one of the largest instances of personal philanthropy ever in Thailand.
The group supports human development and social progress through its efforts in four areas: education, environmental conservation, art and culture as well as sports and health. Amata Foundation's efforts in Thailand's cultural sphere are highlighted by its annual Writer's Award and the annual Amata Art Awards. In education, it has helped found and support academic institutes located in Amata Nakorn Industrial Estate in Chonburi Province and Amata City Industrial Estate in Rayong Province. These institutes include Suan Kularb Secondary School, the Multilingual Demonstration School of Kasetsart University, YWCA Association, Thai-German Institute of Technology, and others. It has also supported education programs for inmates in Thai prisons and wildlife conservation efforts by researchers at Kasetsart University, among many other activities.