Showing 1 - 10 of 158
MQDC lands B22bn loan for The Forestias
Business, Published on 26/08/2025
» Property developer Magnolia Quality Development Corporation Ltd (MQDC) has secured 22 billion baht in financing from Siam Commercial Bank (SCB) for The Forestias, a large-scale mixed-use project on Bang Na-Trat Road.
SCB Supports MQDC’s The Forestias with THB 22bn
Published on 25/08/2025
» Magnolia Quality Development Corporation Limited (MQDC) is advancing Thailand’s largest real estate development, “The Forestias”, with plans to complete the residential zone by 2026. In a major show of confidence, Siam Commercial Bank (SCB) has extended THB 22 billion in project financing, recognising MQDC’s potential to set world-class standards in real estate and lead innovation in sustainable living.
MQDC aims to boost sales at near-ready projects
Business, Published on 10/01/2025
» Bangkok-based property developer MQDC wants to focus on completed projects ready to transfer worth a combined 24 billion baht this year, while also preparing new projects.
CP Axtra shares put on fund managers’ watch list
Business, Nuntawun Polkuamdee, Published on 26/12/2024
» The Association of Investment Management Companies (AIMC) has resolved to include CP Axtra (CPAXT) shares on the watch list (WL) for Thai ESG and Thai CG mutual funds, given concerns over corporate governance regarding the company's recent multibillion-baht investment.
Top five business news stories of 2024: Sealing deals
Business, Published on 25/12/2024
» The outlook for Thai small businesses this year was not prosperous, as the economy continued to grow at a sluggish pace.Some large companies outperformed others, but often they were forced to adjust their structures and increase liquidity through major transactions.Notable deals included the separation of the food and real estate businesses within the Sirivadhanabhakdi family, as well as the year-end investment by CP Axtra, under Charoen Pokphand (CP) group, in the Happitat mall at Forestias, also under the CP umbrella.Several other corporations wrapped up deals in a bid to strengthen their position.
CP Axtra drama keeps SET in the red
Business, Published on 21/12/2024
» The hot topic in the Thai stock market this past week has been the investment by CP Axtra (CPAXT) in The Happitat within The Forestias multi-use real estate project by Magnolia Quality Development Corp (MQDC), also part of the Charoen Pokphand Group.
Asian shares retreat as US rate-cut prospects dim
Business, Published on 21/12/2024
» RECAP: Asian equities declined on Friday and the dollar traded near a two-year high as investors continued to fret about the likelihood of fewer US interest rate cuts in the coming year.
CP Axtra clarifies new investment in Happitat
Business, Published on 19/12/2024
» CP Axtra Plc (CPAXT), a wholesale and retail business unit of Charoen Pokphand (CP) Group, has defended its recent announcement of billions of baht worth of investments, saying the expansion aligns with business operations.
CP All official sold shares before unveiling
Business, Nuntawun Polkuamdee, Published on 18/12/2024
» Korsak Chairasmisak, vice-chairman of CP All (CPALL), sold a big lot of shares of the convenience store operator shortly before CP Axtra (CPAXT) announced its multi-billion-baht investment in a real estate project, resulting in a plunge of both companies' share prices.
Analysts dubious of CP Axtra project
Business, Nareerat Wiriyapong, Published on 18/12/2024
» SET-listed CP Axtra (CPAXT), a wholesale and retail business unit of Charoen Pokphand (CP) Group, plans to invest 12-15 billion baht in a mixed-use real estate development project that has analysts concerned about the company's debt burden and corporate governance.