CEO Spotlight: Jakapun Viwatkurkul, CEO and President of Mstar Holding

Jakapun Viwatkurkul is the CEO and President of Mstar Holding, a global CONGLOMERATE holding company heavily invested in sectors like advanced Technology Development, Foods, Real Estates, eCommerce, Gold Mining, Telecom, Finance, Education, and Healthcare with current expansion into Thailand, UAE, and India. With the recent global company push in 2022, we want to know how Mr. Jakapun handles the company structures and systems. Today we will go through the mindset of Mr. Jakapun in-depth and learn how he manages and invests in all sectors of the company while keeping his projected vision forward.

Q: Can you describe in a few words how the expansion to UAE, Thailand, and India will affect your company growth? What is your plan in these countries?

Jakapun Viwatkurkul: We work with UAE on importing products by selling directly in Dubai and using Dubai as a channel hub to the Middle east. We are also launching several food apps and delivery apps in Dubai in the next quarter with investment from our financial division Mstar Capital Group. This alone will help Mstar Holding have a firm understanding of what UAE needs and how we can help make them grow further.

For India, we are bringing various Thai food franchises to India that we believe can open the doorways for more Thai businesses to expand outside. We are also beginning preparations in setup manufacturing for Nut products in India as well since the market is very big there. We are also (in collaboration with the Thai government) importing various Thai food products to sell to India. This alone will help push Thailand suppliers to be more comfortable going out into the new markets with our guiding help. It will help increase the sales volume to more than double due to price and financial support from India and Thailand collaboration through Mstar Holding. This will also create jobs and growth for all countries. Creating a win-win situation is key for us.

Q: With the recent Covid-19 and the numerous fallbacks on companies worldwide, how is your company able to keep investing while showing growth?

Jakapun Viwatkurkul: While everyone is halting and waiting, we are running at a fast pace in buying out companies that have potential growth but are limited in cash flow for a penny on a dollar. We are able to cash out and make big money on new markets and existing sales channels. We believe that people will always have to spend money, so all you need to do is make it affordable and find larger and newer markets for them to see that no matter the current situation. Through our venture firm, Mstar Capital Group, we believed that covid-19 is the best time for us. We developed a keen eye for spotting great opportunities with great returns no matter the current world situation. This is what makes us different from other companies during this pandemic.

Q: What are some key strategies that you implement to facilitate your company growth? What can others learn from you?

Jakapun Viwatkurkul: Our strategy is to keep an open mind at all times and open up new networks fast by working with new countries that are in need of products and services. We are working with various governments from several countries to help open new markets and bring new technology and services to those countries. We believe in helping others. By showing our vision, teams, and projects to key government partnerships, we can help build trust for our company while also helping the people believe in their government as well. This is a collaborative effort and I believed that Mstar Holding can create a perfect synergy to fit this approach.

Q: What is the best advice for other CEOs struggling to grow their business? 

Jakapun Viwatkurkul: You just have to be unique and adapt to the environment. Never stop growing your connection. Always give priority to your R&D to create new products and services. Never stop and always think that you are always in the startup stage to keep pushing yourself to the finish line. Always be different and think big. Every problem is just a game and you just need to win those games.

Q: What is Mstar Holding future plans roadmap?

Jakapun Viwatkurkul: Our roadmap is to invest in a country like Myanmar in products that will grow and always have value in the future. We know Myanmar is currently in dire need of new systems and technology to move forward. This is where Mstar Holding comes into play. Our goal currently is to focus heavily on investing in the mining and Telecom business in Myanmar.  Our roadmap is to create sustainability and growth through all our sectors and to be the largest company in Thailand with the helpful support from government officials in Thailand, Myanmar, Dubai, and India to help us become a key player in pushing forward economic growth and new innovations throughout.

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