SkyLift

Project SkyLift rents aerial work platforms, scissor lifts, and articulating/telescopic boom lifts to industrial and construction contractors in

Thailand's principal eastern industrial corridor and the Greater Bangkok metropolitan area, supported by a self-owned fleet of 73 units. The fleet serves a

contiguous cluster of major industrial estates, deep-sea port logistics zones, and automotive/petrochemical manufacturing hubs within a single-day delivery radius,

backed by in-house technical staff, a 24-hour service guarantee, and a focus on safety-standard compliance.

Founded in 2018, the Company has grown revenue from THB 13.6M in 2020 to THB 49.8M in 2025, a 29.6% CAGR. The inflection came in 2023: a THB 38.8M fleet

investment more than doubled revenue from THB 20.2M to THB 43.7M, with steady growth since. Adjusted EBITDA margin expanded from roughly 25% in 2022 to

approximately 49% in 2025. Growth rests on a customer base of hundreds of recurring accounts, anchored by roughly 30 highly active clients from a database of

over 1,000 leads, with long-term contracts of 1 to 2 years billed monthly.

The founders, who have run the Company for eight years, want to step back from daily operations to focus on family and smaller ventures. They are seeking a buyer able to fund the next phase of fleet growth. Demand for AWP rental in Thailand is broadening beyond construction into factory maintenance, signage installation, and building services. This has supported growth, though larger operators compete on price. The Company runs its in-house technicians, and spare-parts inventory. Demand in some equipment categories already exceeds the owned fleet. The Company sub-rents from partners to hold service levels, so added units convert directly into revenue. A buyer inherits this platform rather than building it.