Ananda geared up for listing
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Ananda Development Plc is prepared to list on the Stock Exchange of Thailand in the first half of this year, as the company seeks funds for its aggressive business plan.
The listing plan was delayed from last year.
President and CEO Chanond Ruangkritya said that the listing plan has shown progress. Success could boost the number of investment projects to 15, which could push the net profit by 15 per cent to about Bt2 billion, he said.
The company announced yesterday that it would launch four new condominium projects with combined value of Bt10 billion.
With 2,475 units in total, the four projects were delayed from late last year when floods hit Bangkok. They will be launched on February 25 at Siam Paragon.
