The Investor Club Association (IC) was established in 1993 as a center for both Thai and foreign investors and entrepreneurs to meet and exchange investment information, as well as offering services to facilitate investments, along with advisory and training. Initially, the Investor Club issued the material release letter as well as stock balance adjustments by the Raw Materials Tracking System or RMTS, and the Machinery and equipment release letter or MCTS for promoted companies under the Board of Investment of the BOI, to facilitate, expedite, and reduce time and costs in processing.