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Summary
Sansiri (SET: SIRI) is one of the largest real estate developers in Thailand offering a full range of housing units; single-detached houses, semi-detached houses, townhouses, and condominiums. Real estate is a legal term (in some jurisdictions notably in the USA, United Kingdom The Kingdom of Thailand (ˈtaɪlænd ราชอาณาจักรไทย, râːtɕʰa-ʔaːnaːtɕɑ̀k-tʰɑj Semi-Detached (1998 was Therapy? 's last album for A&M Records. Historically in the United Kingdom, Ireland and in many other countries a townhouse (or a "house in town" was a residence of a peer or member of the A condominium, or condo, is a form of Housing tenure and other Real property where a specified part of a piece of real estate (usually of an apartment The Company remains the first and only South East Asian developer to have received the prestigious Commendation for Excellence Awards by Asia Pacific Commercial Real Estate (APCRE).
History
Sansiri was founded in 1984 as the holding company to manage the assets of the Chutrakul family, before merging with the Lamsam family company in 1994. Year 1984 ( MCMLXXXIV) was a Leap year starting on Sunday (link displays the 1984 Gregorian calendar) A holding company is a company that owns part all or a majority of other companies' outstanding Stock. Year 1994 ( MCMXCIV) was a Common year starting on Saturday (link will display full 1994 Gregorian calendar) The Company has been listed on the Stock Exchange of Thailand since 1996. The Stock Exchange of Thailand (SET is the national Stock exchange of Thailand. Year 1996 ( MCMXCVI) was a Leap year starting on Monday (link will display full 1996 Gregorian calendar) In its earlier years, the Company concentrated on developing exclusively mid-city condominiums for sale and for rent. In 1998, the Company expanded into property management and sales management services through the newly founded subsidiary named “Plus Property Company Limited”. Year 1998 ( MCMXCVIII) was a Common year starting on Thursday (link will display full 1998 Gregorian calendar) A subsidiary, in business matters is an entity that is controlled by a bigger and more powerful entity In 1999, the Company underwent a major expansion into development of landed properties with the successful launch of the first single-detached housing project and subsequently into townhouse project in 2003. Year 1999 ( MCMXCIX) was a Common year starting on Friday (link will display full 1999 Gregorian calendar) Year 2003 ( MMIII) was a Common year starting on Wednesday of the Gregorian calendar. For the year 2007, The Company development portfolio stood at 101 projects, consisting 22 single-detached housing projects, 22 townhouse projects and 57 condominium projects. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century.
Milestone
| Year | Events |
|---|---|
| 2007 | Natural Park PLC (N-PARK), the former largest shareholder (24. 9%), sold most of its holding in Sansiri to the group of Hong Kong investors led by Dr. Allina Salim. Currently N-PARK is holding 4. 26% of Sansiri's paid-up capital. |
| 2004 | Sansiri completed the 2. 9 billion baht rights offering with subscription ratio of 3 existing shares to 2 newly issued shares at 5 baht per share. |
| 2002 | Sansiri welcomed a group of new major shareholders who provided the 2. 6 billion baht cash injection. |
| 2000 | Sansiri became the first Thai property developer to complete debt restructuring since the 1997 economic crisis. The Asian Financial Crisis was a period of Financial crisis that gripped much of Asia beginning in July 1997 and raised fears of a worldwide economic meltdown ( |
| 1999 | [Starwood Capital Group] from the U. S. joined Sansiri as a partner. |
| 1996 | Sansiri Public Company Limited was listed on the Stock Exchange of Thailand and launched a wholly owned brokerage and property management subsidiary named Plus Property Company Limited. The Stock Exchange of Thailand (SET is the national Stock exchange of Thailand. |
| 1984 | Inception of Sansiri as the developer of high-end condominium. |
Business Groups
Sansiri Group comprises the listed Sansiri Public Company Limited and its fifteen subsidiaries. A public company usually refers to a company that is permitted to offer its registered securities ( Stock, bonds, etc Currently, core businesses of Sansiri Group is summarized as follows:
- Property Development
- Property Development for sale includes single-detached houses, pool villas, semi-detached houses, townhouses, and condominiums.
- Property Development for rent includes office buildings, an apartment, and a leasehold commercial building. An office is generally a room or other area in which people work, but may also denote a position within an Organization with specific duties attached Leasehold is a form of property tenure where one party buys the right to occupy land or a building for a given length of time commercial building is a type of Building that is used for commercial use
- Property Services include the administration of condominiums, single-detached houses, office buildings, apartments, and retails. Also included in property services are sales management and property brokerage services.
- Hospitality Business consists of Casa del Mare, a 46-key boutique hotel in Hua Hin and S-Medical spa, an aesthetics, health care and medical spa which is the winner of Medical Spa of the year 2007 by AsiaSpa Magazine. Boutique hotel is a term popularised in North America and the United Kingdom to describe intimate usually luxurious or quirky Hotel environments For the island in French Polynesia see Huahine. Hua Hin ( Thai หัวหิน is a famous beach resort town in Thailand A day spa is a business establishment which people visit for professionally administered personal care treatments such as Massages and Facials It is similar
References
External Link
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