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BUSINESS

MTL banking on property to hike return

Business, Darana Chudasri, Published on 06/11/2019

» Muang Thai Life Assurance (MTL) is adding property to its investment portfolio, splurging 3.8 billion baht to construct an office building aiming for higher returns to match long-term insurance's liability obligations amid the low interest rate environment.

BUSINESS

Aira branches into Thai real estate segment

Business, Darana Chudasri, Published on 01/10/2015

» MAI-listed Aira Capital (AIRA), a financial holding firm, has branched into the property market by setting up a company to develop an office building worth 2 billion baht in Bangkok's Ratchathewi district.

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BUSINESS

BTS Group boosting dividend to B6bn and beyond

Business, Darana Chudasri, Published on 25/10/2013

» The SET-listed BTS Group Holdings will pay out at least 6 billion baht in dividends for the fiscal year ending next March 31, with dividend payments to rise by 1 billion baht annually over the next two years on fast-growing revenue.

BUSINESS

Ananda, Mitsui in property tie-up

Business, Darana Chudasri, Published on 04/09/2013

» TOKYO : The SET-listed Ananda Development Plc (ANAN) is counting on its tie-up with Mitsui Fudosan Co, a major property developer under Japan's Mitsui Group, to help strengthen its leadership in condominiums along Bangkok's mass transit routes.

BUSINESS

Ananda plots return to black on revenue burst

Business, Darana Chudasri, Published on 14/03/2013

» Ananda Development Plc (ANAN), a SET-listed property developer, plans to double its revenue this year to 11 to 12.5 billion baht, returning the company to profit.

BUSINESS

PTG plans IPO this year

Business, Darana Chudasri, Published on 19/06/2012

» PTG Energy (PTG), the oil retailer founded in 1988, plans to sell 420 million shares later this year in an initial public offering (IPO) to mobilise funds for expanding its petrol station network and buying new fuel trucks.