GRANDE ASSET HOTELS AND PROPERTY PUBLIC COMPANY LIMITED
The company has put in place a hybrid business strategy, so as to conduct business in property development for short and mediumterm revenue recognition, and to invest in the hotel business which is investing in property to achieve long-term revenue recognition. Moreover, the Company has invested in manufacturing and distribution of rubber gloves in order to continuously generate income under the current situation and market demand. The purpose of such strategies is to reduce dependence on one business and to add value to business for long term property.
The Company divided business operation and strategy into 4 categories as follows:
Real Estate Development Business: The Company will focus on the investment in business district or tourism area that has high potentials to be developed, accessible to various convenient transportation networks with variety of facilities located nearby e.g., hotel, academy, entertainment place, shopping mall, hospital, etc. The Company is targeting medium to high income customers who require a convenience of living.
Hotel Business: The Company is aiming to focus on the investment in 5-star hotels by hiring experience hotel management company with international and global network to manage the business such as Marriortt International and Hyatt International Corporation. For hotel investment in Bangkok Metropolitan, the Company choosed to invest in hotels with locations that are convenient to commute and are located in central business district. In addition, the Company also has a policy to diversify its investment to other provinces or foreign in the future by selecting the location that are the leading tourist attractions of the country.
Rental Business: Rental areas which are under the Company are listed below:
- Rental area for Robinson Department Store which is located next to the Westin Grande Sukhumvit
- Rental area for the Allez which is located next to Hyatt Regency Bangkok Sukhumvit
- Condominium unit for commercial purpose within the Hyde Sukhumvit 11 (Operated in May 2019)
OUR BRAND
HOTELS
PROPERTIES
OUR SHAREHOLDERS
| No. | Details | Total Shares | % of Shares |
|---|---|---|---|
| 1. | Metro Premier Holding Company Limited | 1,223,521,003 | 33.84 |
| 2. | Property Perfect Public Company Limited | 343,563,811 | 9.50 |
| 3. | Mr. Surachai Ratithong | 260,819,200 | 7.21 |
| 4. | Mrs. Pimphen Deephanphong | 217,241,200 | 6.01 |
| 5. | Thai Property Public Company Limited | 196,980,000 | 5.45 |
| 6. | Mr. Wuthiluck Poolvaraluck | 110,180,000 | 3.05 |
| 7. | Mr. Vileart Wongapisampho | 80,081,866 | 2.21 |
| 8. | Mr. Surakit Ratithong | 71,176,800 | 1.97 |
| 9. | Mr. Tawee Anantarattana | 67,152,333 | 1.86 |
| 10. | Mr. Theeratat Poolkasame | 41,000,000 | 1.13 |
