BANGKOK, Dec 28, 2020 – (ACN Newswire) – Siamese Asset PCL (SET: SA) is moving ahead to expand investment following its listing on the Stock Exchange of Thailand (SET), in a bid to become a leading integrated real estate developer in Thailand, fulfilling customer demand for residences and for long-term investment, and promoting continuous growth, despite the national economy in a slowdown mode. The current 9,446 million baht worth of backlog is being realized from 4Q2020 onward.
Mr. Kajonsit Singsansern, Chief Executive Officer of Siamese Asset PCL, listed as an “Asset of Life” when the Company had its debut on the Stock Exchange of Thailand on December 25, under the SET designation “SA” in the Real Estate Development Category. This was the last Thai stock to be listed on the SET in 2020. The Company’s high and leveraged superior strength compared to competitors will help to ensure interest in SA shares among investors.
The Company aspires to become the real estate developer that can satisfy the demand of customers in every target segment with the best locations and at prices that are affordable to all Thai consumers. Through its vast experience as being construction contractor for a large variety of projects, the Company can efficiently manage all relevant costs, such as land cost, management cost and construction cost. These are the main factors that enable the Company to set prices lower than competitors’ and maintain international standards in construction management. Read more…..
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