DPAINT Acquires The City Phuket Condominium Developer

Thunhoon··TH·Read original
2▲4 ▼0Impact / 5
Summary · why it matters

Sideltha Public Company Limited, or DPAINT, has acquired The City Phuket Residence Company Limited, the developer of The City Phuket condominium project, and is preparing to invest in the development of Building C to create a new revenue stream. This expansion into the real estate business reflects DPAINT's vision of building a new growth engine to support long-term growth. Meanwhile, Noble Development Public Company Limited, or NOBLE, has announced the offering of its second bond issuance of 2026, with a tenor of 2 years and 11 months, a fixed interest rate of 6.15 percent per annum, and interest payments every 3 months. The bonds have been rated BBB minus with a stable outlook by TRIS Rating, and subscriptions will open from August 4th to 6th, with proceeds to be used for repaying existing bonds. In other news, Primo Service Solution Public Company Limited, or PRI, is advancing its PRIMO Transformation strategy to become Thailand's leading property and living services ecosystem through service quality improvements and customer base expansion. Business Alignment Public Company Limited, or BIZ, has launched the BIZGENES brand in precision health and longevity solutions, featuring The Vitality Collection under the concept of science-based nutrition, leveraging over 26 years of expertise. Additionally, Triple I Logistics is inviting entrepreneurs to visit its booths at TILOG-LOGISTIX 2026, taking place from August 19th to 21st at BITEC Bangna. This year, there will be two large booths from the parent company and Hazchem Logistics, a specialist in dangerous goods and chemical transportation.

Impact on assets 5

Real Estate▲ · 2 stocks
Primo Service Solutions PCL
PRI
▲ PositiveDemandrelevance

Advancing PRIMO Transformation strategy to become leading property and living services ecosystem through service quality improvements and customer base expansion.

Materials▲ · 1 stocks
Delta Paint PCL
DPAINT
▲ PositiveCapitalrelevance

Acquired The City Phuket Residence Company Limited to expand into real estate, creating new revenue stream.

Health Care▲ · 1 stocks
Industrials▲ · 1 stocks

Off-coverage companies 2

HazChem Logistics Management Co., Ltd.Private± Mixed
relevance

The City Phuket Residence Co., Ltd. (CPR)Private± Mixed
relevance

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