GRANDE ASSET HOTELS AND PROPERTY PUBLIC COMPANY LIMITED
has implemented a hybrid business strategy to engage in property development for short and medium-term revenue recognition, as well as to invest in the hotel business for long-term revenue recognition. Additionally, the Company has invested in manufacturing and distribution of rubber gloves, aiming to consistently generate income in response to current market demands. These strategies are designed to reduce reliance on a single business and enhance long-term value for the Company.
The Company has divided its business operations and strategies into 4 categories as follows:
Real Estate Development Business: The Company will focus on the investment in business districts or tourism areas with high potential for development. These areas should be accessible via various convenient transportation networks and offer a variety of nearby facilities such as hotels, academies, entertainment venues, shopping malls, hospitals, etc. The Company is targeting medium to high-income customers who seek convenient living.
Hotel Business: The Company aims to focus on investing in 5-star hotels by hiring experienced hotel management companies with international networks, namely Marriortt International. For hotel investment in Bangkok Metropolitan area, the Company chooses locations that are conveniently accessible and situated in the central business district. Additionally, the Company has a policy to diversify its investments to other provinces or foreign locations in the future, selecting destinations that are leading tourist attractions of the country.
Rental Business
Rental areas which are under the Company are listed below:
- Robinson Department Store which is located next to the Westin Grande Sukhumvit
- Condominium unit for commercial and residential purpose within the Hyde Sukhumvit 11
- Condominium unit for commercial purpose within the Trendy
Manufacturing and Distribution of Rubber gloves: In 2020, the Company invested in manufacturing and distribution of rubber gloves used in industries, household rubber gloves and medical gloves. The Company’s factory is located at TFD Industrial Estate 2, Bangpakong District, Chachoengsao Province. Currently, the construction of the first factory building has been completed and the machines has been installated for 4 production lines. The company has obtained the factory standard certificate and began selling products in the third quarter of 2022.
OUR BRAND
HOTELS
PROPERTIES
OUR SHAREHOLDERS
| No. | Details | Total Shares | % of Shares |
|---|---|---|---|
| 1. | THAI PROPERTY PUBLIC COMPANY LIMITED | 3,314,502,340 | 35.48 |
| 2. | COMPANY BTS GROUP HOLDINGS PUBLIC COMPANY LIMITED BY METHA ASSET MANAGEMENT COMPANY LIMITED | 1,700,000,000 | 18.20 |
| 3. | PROPERTY PERFECT PUBLIC COMPANY LIMITED | 801,648,892 | 8.58 |
| 4. | MR. VILEART WONGAPISAMPHO | 201,191,020 | 2.15 |
| 5. | MRS. VINITA SRICHAWLA | 98,000,000 | 1.05 |
| 6. | MR. KIRIN NARULA | 95,422,068 | 1.02 |
| 7. | Thai NVDR Company Limited | 95,075,613 | 1.02 |
| 8. | MR. NARIN NARULA | 65,320,088 | 0.70 |
| 9. | MISS RUJAPA SUKSONG | 61,000,000 | 0.65 |
| 10. | MR. AMARIT PANSIRI | 60,000,000 | 0.64 |
| 11. | น.ส. ศรัญญา ชัยจุฑาพร | 54,577,600 | 0.58 |
| 12. | MR. VARIN NARULA | 52,560,746 | 0.56 |
| 13. | นาย ลักษณ์ นฤหล้า | 52,416,000 | 0.56 |
| 14. | นาย สุรินทร์ นฤหล้า | 52,416,000 | 0.56 |
