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Search Result for “mergers and acquisitions”

Showing 1 - 10 of 906

BUSINESS

Amity targets IPO after $100m AI funding round

Business, Komsan Tortermvasana, Published on 26/03/2026

» Amity, a Thailand-founded artificial intelligence (AI) company, has marked Southeast Asia's largest generative AI funding round through the successful completion of a US$100-million Series D fundraising.

BUSINESS

Thailand’s largest mall operator plans $3.4 billion expansion

Bloomberg News, Published on 25/03/2026

» Central Pattana Public Company Limited, Thailand’s largest shopping mall developer, plans to invest more than 110 billion baht (US$3.4 billion) in the next five years to expand its portfolio, betting on growth in major cities and a tourism rebound.

PROPERTY

L.P.N. to buy B2bn of land for Bangkok condo development

Business, Kanana Katharangsiporn, Published on 25/03/2026

» SET-listed L.P.N. Development plans to spend 1-2 billion baht on new land acquisitions for condo development after freezing purchases for more than two years to clear inventory and refocus on the upper-affordable segment.

BUSINESS

Minor banking on asset‑light model

Business, Kanana Katharangsiporn, Published on 24/03/2026

» Minor Hotels, a subsidiary of SET-listed Minor International, plans to rebalance its investment‑heavy portfolio to a 50:50 mix from two‑thirds by prioritising asset‑light and franchise models, aiming to accelerate growth while maintaining selective investments.

BUSINESS

Grab to buy Delivery Hero’s Taiwan business for $600 million

Bloomberg News, Published on 23/03/2026

» SINGAPORE — Grab Holdings Ltd agreed to buy Delivery Hero SE’s Foodpanda operations in Taiwan for US$600 million, a deal that marks its first foray outside of its Southeast Asian base.

THAILAND

Savills announces acquisition of Eastdil Secured LLC

Published on 20/03/2026

» Savills, one of the world’s leading real estate advisory firms, has announced the signing of a definitive agreement to acquire Eastdil Secured, a global leader in real estate investment banking, in a landmark transaction valued at US$1.11 billion.

BUSINESS

Listed firms post sluggish performances for 2025

Published on 17/03/2026

» Listed Thai companies recorded sluggish performances in 2025 amid an economic slowdown, with total sales falling 7.2% from a year earlier, even though gains from mergers and acquisitions, business restructuring, investments and financial instruments drove an increase in net profit.

BUSINESS

Singha Estate keeps emphasis on hotels

Business, Kanana Katharangsiporn, Published on 07/03/2026

» SET-listed Singha Estate plans to maintain its focus on the hospitality business, investing 3-3.5 billion baht to acquire two hotels in Bangkok, the eastern provinces or southern beach destinations as the segment contributed 74% of its total revenue last year.

PROPERTY

Pruksa continues scaling back launches this year

Business, Kanana Katharangsiporn, Published on 04/03/2026

» SET-listed developer Pruksa Holding continues to scale back new residential launches this year, planning only seven projects worth a combined 8.2 billion baht as it shifts focus to clearing unsold inventory worth 66 billion baht and expanding recurring-income assets.

PROPERTY

Sansiri launches B1bn programme to invest in small businesses

Business, Kuakul Mornkum, Published on 27/02/2026

» SET-listed property developer Sansiri has launched a 1-billion-baht strategic investment programme over three years in a bid to support small and medium-sized enterprises (SMEs) as part of the company's strategy to increase revenue from non-core businesses.