Mitsui Fudosan Asia Co., Ltd. acquired remaining 51% stake in AMH Ratchada, AMH Sukhumvit 8 , AMH Sukhumvit 59 , AMH Sathorn and AMH Pattaya from Ananda Development Public Company Limited for THB 2.5 billion.
July 30, 2024
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Mitsui Fudosan Asia (Thailand) Co., Ltd. acquired remaining 51% stake in AMH Ratchada, AMH Sukhumvit 8 , AMH Sukhumvit 59 , AMH Sathorn and AMH Pattaya from Ananda Development Public Company Limited (SET:ANAN) for THB 2.5 billion on June 17, 2024. A cash consideration of THB 2.54 billion will be paid by Mitsui Fudosan Asia (Thailand) Co., Ltd. Post transaction, Shigeki Komi, Kojiro Oki and Pathorn Tritipthanakul will be the Board of Directors. Mitsui Fudosan Asia (Thailand) Co., Ltd. acquired remaining 51% stake in AMH Ratchada, AMH Sukhumvit 8 , AMH Sukhumvit 59 , AMH Sathorn and AMH Pattaya from Ananda Development Public Company Limited (SET:ANAN) for THB 2.5 billion on June 17, 2024
Mitsui Fudosan Asia (Thailand) Co., Ltd. completed the acquisition of remaining 51% stake in AMH Ratchada, AMH Sukhumvit 8 , AMH Sukhumvit 59 , AMH Sathorn and AMH Pattaya from Ananda Development Public Company Limited (SET:ANAN) on June 30, 2024.
Ananda Development Public Company Limited is a Thailand-based company that is engaged in the real estate development business. The Company is principally engaged in the development and sale of real estate, provision of house construction services and management of real estate development projects. Its real estate development projects include condominium projects, housing projects and townhouses in Bangkok and its vicinity. Its segments include the real estate development segment, which develops all types of real estate projects; Management of real estate development project segment, which provides management service for real estate projects, and Other segments, which include services relating to real estate brokerage, among other things. It has developed condominium projects under Ashton, Ideo Q, Venio, Ideo Mobi, Ideo, Elio, and Unio brands. It has developed housing and townhouses projects under Artale, Airi, Atoll, Anda, Urbanio, and Unio Town brands.
Mitsui Fudosan Asia Co., Ltd. acquired remaining 51% stake in AMH Ratchada, AMH Sukhumvit 8 , AMH Sukhumvit 59 , AMH Sathorn and AMH Pattaya from Ananda Development Public Company Limited for THB 2.5 billion.
ANANDA DEVELOPMENT 
