Showing 1-10 of 31 results
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LEO upgrades revenue growth outlook for 2021
Business, Darana Chudasri, Published on 12/05/2021
» LEO Global Logistics, listed on the MAI, upgraded its revenue growth outlook this year to 40-45%, spurred by growing air freight revenue after forming an exclusive dealership with China Post Group Corp, the state-owned postal operator.
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MQDC, MTL offer package for seniors
Business, Darana Chudasri, Published on 09/03/2021
» Property developer Magnolia Quality Development Corporation (MQDC) in alliance with Muang Thai Life (MTL) Assurance is offering an end of life package to senior citizens that includes lifetime care, health insurance and a non-transferable lease on a condo or house for 35 million baht.
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Thai giants to ink Myanmar pact
Business, Darana Chudasri, Published on 04/12/2020
» Four massive Thai conglomerates -- B.Grimm Group, Amata Corporation, PTT and Global Power Synergy -- have entered into an agreement to develop an 800-square-kilometre industrial estate in Myanmar.
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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.
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Singha launching REIT for Suntowers
Business, Darana Chudasri, Published on 27/11/2018
» SET-listed Singha Estate Plc (S), a property development arm under the Boon Rawd Brewery Group, is planning to launch SPRIME, a real estate investment trust (REIT) investing in 30-year leasehold rights of Suntowers office buildings.
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Mixed-use projects push debt funding
Business, Darana Chudasri, Published on 12/07/2018
» Debt funding, such as bond issuance from commercial developers, is expected to increase in the medium term because of several large mixed-use projects in the pipeline, which could cause higher leverage and oversupply if economic growth weakens, says Fitch Ratings.
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Bhiraj files REIT for mixed-use projects in Sukhumvit
Business, Darana Chudasri, Published on 24/11/2017
» Bhiraj Buri Group, a premium property developer, has set up a property real estate investment trust (REIT) to raise 6 billion baht for new mixed-use projects on Sukhumvit Road, aiming to make the area a landmark for consumer goods and e-commerce.
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Ticon aims to establish Thailand's largest REIT
Business, Darana Chudasri, Published on 20/09/2017
» Ticon Industrial Connection Plc (TICON), a SET-listed developer of ready-made factories and warehouses for rent, aims to merge the group's three property funds into the country's largest real estate investment trust (REIT) this year, with combined asset value of 32 billion baht.
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Triple i Logistics plans IPO later this year for expansion
Business, Darana Chudasri, Published on 14/07/2017
» Triple i Logistics Plc plans to offer shares to the public via the Stock Exchange of Thailand (SET) later this year to raise funds for working capital and business expansion.
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HREIT eyes leasehold rights' gains
Business, Darana Chudasri, Published on 22/06/2017
» Hemaraj Real Estate Investment Trust (HREIT) is about to acquire an additional 55,131 square metres of leasehold rights worth 1.69 billion baht, says managing director Kanchana Ouaoborm.
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