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Search Result for “Charoen Sirivadhanabhakdi”

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THAILAND

Epic Teochew Opera Celebrates 50 Years of Ties

Published on 09/07/2025

» Bangkok, 9 July 2025 - An Epic Operatic Extravaganza gets underway on July 10, 2025, when the superlative artistry of Shantou Teochew opera takes centre stage in celebrations marking the 50th anniversary of bilateral relations being established between Thailand and China.

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GENERAL

Shares dip as Thai billionaire transfers stakes to children

Published on 27/05/2025

» Shares of Berli Jucker (BJC) and Asset World Corp (AWC) dipped on Tuesday, after billionaire Charoen Sirivadhanabhakdi offloaded control of the two Bangkok-listed companies to his offspring, triggering investor concerns about a change in major shareholders.

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INVESTMENT

Thai tycoon's Frasers seeks to take REIT private for $1 billion

Bloomberg News, Published on 14/05/2025

» SINGAPORE — Thai billionaire Charoen Sirivadhanabhakdi's Frasers Property Limited is seeking to take a real estate investment trust (REIT) private at a valuation of S$1.37 billion (US$1.1 billion), its second attempt to buy out the unit.

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GENERAL

Thai billionaire’s Frasers Property posts higher profit on Singapore housing business

Published on 09/05/2025

» Frasers Property Ltd, the developer controlled by Thai billionaire Charoen Sirivadhanabhakdi, reported higher first-half profit as its Singapore residential business made up for a slump in Australia and China, along with higher interest payments. 

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GENERAL

CP chief Dhanin tops Thailand wealth list with $15bn

Published on 05/04/2025

» Dhanin Chearavanont, senior chairman of the Charoen Pokphand (CP) Group, leads the list of Thailand’s richest people on on the Forbes magazine World’s Billionaires 2025 list, with a net worth of US$15.2 billion.

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GENERAL

Asset World plans to double holdings to $9 billion

Published on 27/02/2025

» The SET-listed hotel and mall developer Asset World Corp, controlled by the family of Thailand’s second-richest man, plans to double the value of its portfolio over the next five years on expectations that tourism growth and economic recovery will drive demand for accommodation and office space.

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GENERAL

Ministry nominates Somchai Sujjapongse

Business, Wichit Chantanusornsiri, Published on 07/02/2025

» The Finance Ministry has nominated Somchai Sujjapongse, a former finance permanent secretary, as a candidate for the new board chairman of the Bank of Thailand, replacing Kittiratt Na-Ranong.

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GENERAL

Asset World Corp unveils Yaowarat project

Business, Kanana Katharangsiporn, Published on 24/01/2025

» SET-listed Asset World Corp (AWC) has unveiled its new Woeng Nakornkasem Yaowarat project, valued at 16.5 billion baht, which took four years to plan, with construction projected to take five years.

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THAILAND

Princess to attend dual Thai-Chinese celebration

Supoj Wancharoen, Published on 20/01/2025

» Her Royal Highness Princess Maha Chakri Sirindhorn will preside over the Opening Ceremony of the Yaowarat Chinese New Year Celebration, which will also mark the 50th anniversary of Thai-Chinese diplomatic relations on Jan 29.

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GENERAL

House passes bill to free up liquor production

Published on 15/01/2025

» The House of Representatives on Wednesday passed a bill to promote liquor production by small entrepreneurs, a move that Prime Minister Paetongtarn Shinawatra said would loosen the grip of Thailand’s alcoholic beverage oligopoly and support the rural economy.