Development Plc News Today

The first-quarter revenue of major listed developers reflected varying trends, with a decline year-on-year among those targeting the lower-end segment, while those focusing on the middle to upper segments continued to witness growth.

The Board of Investment (BoI) is pushing ahead with a plan to lure foreign funds, with its recent roadshow in China targeting those in the electric vehicle (EV) and electronic businesses.

SET-listed developer L.P.N. Development Plc aims to attain 10 billion baht in revenue and 1 billion baht in net profit every year from now until 2026 after revenue fell to 5.6 billion baht in 2021 -- the lowest level in 15 years.

The Supreme Court's Criminal Division for Holders of Political Positions has issued a warrant for the arrest of fugitive Charupong Ruangsuwan, a former Pheu Thai Party leader, for allegedly demanding a water supply company pay for air tickets costing nearly 60,000 baht while he was interior minister in 2012.

Amid economic challenges and rapid changes in various sectors, the strategic approach of mergers and acquisitions (M&A) was used to help businesses stay afloat and elevate their competitiveness, in addition to partnership agreements.

WHA Group is targeting Chinese automaker BYD for industrial land sales as the company aims to operate a battery electric vehicle (BEV) assembly plant here in 2024, while hoping to establish an EV production base in Rayong.

LPP Property Management, a subsidiary of SET-listed developer L.P.N. Development Plc, will tap more non-L.P.N. projects, launching a turnkey project consultancy and establishing a joint venture with Synphaet Hospital with the aim of growing annual revenue by 30% from 2023.

BANGKOK: The National Anti-Corruption Commission (NACC) has found grounds to charge former interior minister Charupong Ruangsuwan with accepting gifts of excessive value.

The National Anti-Corruption Commission (NACC) has found grounds to charge former interior minister Charupong Ruangsuwan with accepting gifts of excessive value.

9 An artists rendition of duplex houses at BAAN 365 Muangthong, which will comprise 190 units of duplex houses and townhouses priced between 9-19 million baht. L.P.N. will launch this development in the fourth quarter of 2021. With a huge quantity of condo stock in hand, SET-listed developer L.P.N. Development Plc plans to rent out unsold units and focus on low-rise housing development, expected to be the key driver for revenue growth in 2021-24. Chief executive and man...