Nusasiri seeks partner for sustainable growth
Investors from China, Singapore and Japan have shown interest in acquiring a stake in Nusasiri Plc with a view to the Asean Economic Community next year.
"We will consider who will be our partner as we need the technology and marketing skills to drive sustainable growth," CEO Visanu Thepcharoen said yesterday.
The deal will be finalised soon, he said.
The company is studying moving into the CLMV countries – Cambodia, Laos, Myanmar and Vietnam – by negotiating with a local partner. The investment in CLMV countries will be revealed next quarter.
In the coming year, the company plans to launch four residential projects worth Bt23 billion – two condos in Chon Buri’s Sriracha district worth Bt13 billion, one in Pattaya worth Bt9 billion and one in Phuket worth Bt1 billion.
The company targets Bt5 billion in presales and Bt3 billion in revenue next year.
The company has confidence its total presales will achieve Bt3 billion and total revenue Bt2 billion this year.
The company earned Bt77.81 million on revenue of Bt1.05 billion in the first nine months of this year.
