Asset World Corp Public Company Limited, or AWC, is preparing to hold a press conference to announce landmark-quality assets that will form the initial portfolio of Asset World Corp REIT, or AWR, which serves as the trust's manager. The total value of assets to be injected into the trust has been set at no more than 50 billion baht. Watcharut Watcharawongsit, an investment analyst covering fundamental factors at FSS International Investment Advisory Securities Company Limited, said this clarity is a positive factor both in terms of unlocking the value of high-quality assets, especially hotels, which are currently recorded at book value based on original cost, and therefore offer the opportunity to recognize special gains from selling assets at market prices above book value. The sale process and revenue recognition are expected to take place in the fourth quarter of 2026, or possibly shift to the first quarter of 2027, depending on whether the assets are sold as a single block for the full 50 billion baht or gradually injected into the fund in stages. On liquidity, the proceeds will help AWC continue to develop new projects under its pipeline plan. Meanwhile, performance in the second half of 2026 is expected to grow strongly on the back of the upper-tier hotel business, the tourism high season, and international conferences. The analyst set a target price of 3.90 baht per share.
Asset World Corp Public Company LimitedAWC will inject up to 50 billion baht of assets into its REIT, unlocking value and booking special gains above book value, with proceeds funding new projects.
