AIRA plans to list Ira Property on the stock exchange next year

Corporate Action
โดย thunhoon.com·TH·Read original
Summary · why it matters

Ms. Nalinee Ngamsethamas, Chief Executive Officer of Ira Capital Public Company Limited (AIRA), revealed that the company operates as a holding company and plans to list Ira Property (AIRA Property), which holds shares in the Spring Tower office building, on the stock exchange. It is expected that the filing of the registration statement or Form 56-1 will begin late next year, after the business starts generating profits. Meanwhile, AIRA is also expanding its real estate portfolio through a new hotel project on Silom Road with 301 rooms, which is expected to begin construction within this year and take about 2-3 years to develop. In addition, the company is considering bringing assets into a real estate investment trust (REIT) within the next two years. The financial business, which is a key business base, remains strong, with the joint venture Ira and Iful (A&A) generating profits of over 140 million baht in the first one to two quarters of this year.

Impact on stocks 1

Financials · 1 stocks

Off-coverage companies 2

ไอร่า พร็อพเพอร์ตี้Private▲ Positive
Capitalrelevance

Ira Property, holding the Spring Tower office building, is being prepared for an IPO filing late next year.

ไอร่า แอนด์ ไอฟุลPrivate▲ Positive
Capitalrelevance

The Ira and Iful (A&A) joint venture generated over 140 million baht in profits in the first one to two quarters, supporting AIRA's financial base.