Megabangna announces THB 6 billion expansion as part of THB 70 billion masterplan

Corporate Action
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Summary · why it matters

Ikano Centres and Central Pattana are investing THB 6 billion to expand Megabangna shopping centre, adding 170,000 square metres of gross building area including retail space and 1,750 car parks by the third quarter of 2028. The expansion will bring Megabangna's developed area to around 800,000 square metres, marking the halfway point of a long-term mixed-use masterplan that spans more than 128 acres, comprises over 1.3 million square metres of development, and has a projected total project value of THB 70 billion. The project aims to create a nature-led, experience-led destination for families and communities in Eastern Bangkok, one of the capital's fastest-growing urban districts. Megabangna has welcomed more than 670 million visits over 14 years and maintains 100% occupancy.

Impact on stocks 1

Real Estate · 1 stocks
Central Pattana Public Company Limited
CPN
▲ PositiveCapitalrelevance

Central Pattana is co-investing THB 6 billion in Megabangna expansion as part of a THB 70 billion masterplan, directly increasing its capital expenditure and development pipeline.

Off-coverage companies 1

Ikano CentresPrivate▲ Positive
Capitalrelevance

Ikano Centres is co-investing THB 6 billion in Megabangna expansion, representing a significant capital commitment to the project.