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Search Result for “mergers and acquisitions”

Showing 1 - 10 of 25

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

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

LH slashes new projects as economy slows

Kanana Katharangsiporn, Published on 23/01/2025

» SET-listed developer Land & Houses (LH) will launch just four new projects worth 11.1 billion baht, the lowest level in more than two decades, due to the ongoing economic slowdown and ample existing inventory.

PROPERTY

FPT shifts focus to low-rise inventory

Kanana Katharangsiporn, Published on 21/10/2023

» SET-listed Frasers Property Thailand (FPT) plans to revise its business plan for 2024 and launch only one low-rise condo project in the fourth quarter this year, focusing instead on its inventory of low-rise houses because of negative factors.

PROPERTY

Proud broadens base via condo project acquisitions

Business, Kanana Katharangsiporn, Published on 14/06/2023

» Proud Real Estate Plc is set to fill a projected revenue gap in 2024 by acquiring two condo projects jointly valued at 8.6 billion baht from Noble Development Plc.

PROPERTY

Frasers targets revenue growth of 10%

Business, Kanana Katharangsiporn, Published on 20/02/2023

» Developer Frasers Property (Thailand) Plc is planning to invest 12 billion baht in residential, industrial and commercial businesses this year, with a goal of achieving 10% revenue growth.

PROPERTY

Chewathai finds comfort zone with reworked plan

Business, Kanana Katharangsiporn, Published on 22/10/2022

» MAI-listed developer Chewathai plans to resume land purchases, scale down the size of new projects and start new property-related ventures as it wrangles with the land and building tax and China's strict zero-Covid policy.

BUSINESS

SC Asset planning to launch 27 projects

Business, Kanana Katharangsiporn, Published on 11/02/2022

» SET-listed developer SC Asset Corporation plans to invest 40 billion baht to launch new residential projects worth a combined 130 billion baht during 2022-25, aiming for revenue of 100 billion baht over four years.