Asset World Corporation Overview and Insights

Asset World Corporation is a leading hospitality and property developer in Thailand, with a presence in several countries across Southeast Asia.

The company was founded in 1978 and has since grown to become one of the largest hospitality and property developers in the region.

Its portfolio includes a range of properties, from luxury hotels to residential developments and shopping centers.

Asset World Corporation has a strong focus on innovation and sustainability, with a commitment to reducing its environmental impact.

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Asset World Corporation has a strong leadership team in place to drive the company's growth and success. Sid Sehgal is the Managing Director - Project Group 4 of Asset World Corporation.

The company's CEO is Wallapa Traisorat, who has been leading the organization with a clear vision and strategy. Chayanon Horpattaporn serves as the Director of Finance/CFO, responsible for overseeing the company's financial operations.

Asset World Corp experienced a key leadership transition in its finance division over the past year, with the appointment of a new Chief Financial Officer. This move aimed at bolstering its financial strategy and supporting ongoing growth initiatives.

Here is a list of the current members of Asset World Corporation's Executive Committee:

The company's leadership team has the right mix of experience and expertise to drive growth and success.

Asset World Corporation has been backed by several prominent investors, including MFC Asset Management Public Co., Ltd. (Investment Management) and Krungsri Asset Management Co., Ltd.

Tcc Business Management Co. Ltd. and Tcc Retail Co. Ltd. are the largest shareholders of Asset World Corporation, holding 44.98% and 29.99% of the company's equities, respectively.

MFC Asset Management Public Co., Ltd. (Investment Management) holds 1.907% of Asset World Corporation's equities, while Krungsri Asset Management Co., Ltd. holds 0.6873%. These institutional shareholders have a significant stake in the company.

Here's a list of the top shareholders of Asset World Corporation:

Asset World Corporation's market capitalization is approximately 2.21 billion USD, and its stock price has fluctuated in recent days, with a 5-day change of 0.00%.

Asset World Corporation has experienced significant growth in its sales over the years.

In 2022, the company's sales from Hotel and Related Services skyrocketed to 8.2 billion, a substantial increase from 1.82 billion in 2021.

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The breakdown of sales by segment reveals that Hotel and Related Services is the largest contributor, followed by Rental and Rendering of Commercial Building Services.

Here's a table summarizing the sales by segment for 2022:

The company's sales in Thailand have also seen a notable increase, reaching 16.02 billion in 2024, up from 6.13 billion in 2020.

Sales by Activity is a crucial aspect of a company's operations, and Asset World Corp is no exception. Their sales figures for various activities provide valuable insights into their business.

Hotel and Related Services saw significant growth, with sales increasing from 2.9B in 2020 to 12.26B in 2024.

Rental and Rendering of Commercial Building Services also experienced growth, with sales rising from 3.31B in 2020 to 4.02B in 2024.

Other Segments had a more limited presence in the sales data, with no figures available for 2021, 2022, 2023, or 2024.

Eliminations are an important part of the sales data, as they help to balance out the figures and provide a more accurate picture of the company's overall sales.

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Here's a breakdown of the sales figures for Hotel and Related Services, Rental and Rendering of Commercial Building Services, and Eliminations over the five-year period:

These figures demonstrate the growth and fluctuations in Asset World Corp's sales over the five-year period.

The NAICS code for Asset World Corporation is 237210.

You can find the NAICS codes for Asset World Corporation by researching their industry classification.

Asset World Corporation has a well-established governance and structure in place. The HQ Function serves as the central hub for strategic planning, corporate management, financial operations, and development oversight for the company's diverse real estate portfolio across Thailand.

The Board of Directors is composed of experienced individuals, with a mix of ages and tenures. The oldest member, Tithiphan Chuerboonchai, is 72 years old and has been a Director since 2018-08-31. The youngest member's age is not specified, but Soammaphat Traisorat has been a Director since 2016-12-31.

Here is a list of the Board of Directors:

The headquarters of AWC plays a significant role in the company's overall governance and structure. Located in Bangkok's CBD, it serves as a central hub for strategic planning, corporate management, financial operations, and development oversight.

AWC's prominent position in Thailand's economy and real estate market is underscored by its headquarters' location. This facilitates close interaction with partners, investors, and government agencies.

The headquarters' location in Bangkok's CBD highlights AWC's commitment to being at the heart of the action. It's a strategic move that positions the company for success in the market.

By having its headquarters in Bangkok's CBD, AWC can easily connect with key stakeholders and stay on top of industry trends.

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The Board of Directors at Asset World Corp is made up of 9 members, each bringing their unique experience and expertise to the table.

The age range of the directors is quite diverse, spanning from 64 to 72 years old. This suggests that the company values experience and longevity in its leadership.

Several directors have been serving on the board for a significant amount of time, including Vachara Tuntariyanond, who has been a director since 2017-12-31. This continuity can be beneficial for the company, as it allows for a deeper understanding of the organization's goals and operations.

Some directors, like Rungson Sriworasat and Santi Pongjareanpit, have been on the board since 2017-12-31 and -, respectively. This suggests that the company has a strong foundation of experienced leaders.

The board composition is made up of the following directors:

At Asset World Corporation, the work culture is all about collaboration and innovation, with a focus on excellence in the real estate sector. Employees are encouraged to contribute to sustainable development and community engagement.

Employees are motivated to contribute to sustainable development and community engagement, which is a key aspect of the company's work culture. This approach has a positive impact on the community and the environment.

In this dynamic and collaborative work environment, employees are encouraged to grow and learn, with a focus on professional development.

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A dynamic work culture is key to boosting productivity and job satisfaction. AWC fosters a dynamic and collaborative work environment, driven by innovation and a commitment to excellence in the real estate sector.

Employees are encouraged to contribute to sustainable development and community engagement, with a focus on growth and learning. This approach helps to create a sense of purpose and fulfillment among employees.

In a collaborative work environment, employees are more likely to share ideas and work together to achieve common goals. AWC's focus on innovation and excellence drives this kind of collaboration.

By prioritizing growth and learning, employees can develop new skills and take on new challenges, leading to increased job satisfaction and engagement.

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Email formats can be quite specific in certain companies, especially those with international offices like Asset World Corporation.

Common email formats at Asset World Corp Public Company Limited likely follow standard Thai corporate patterns, often utilizing combinations of the first name, last initial, or full last name.

Official communications would use the domain @assetworldcorp-th.com.

The specific format can vary, but it's worth noting that some companies are more formal than others.

In the case of Asset World Corporation, email formats might look like [email protected] or [email protected].

For example, an email format might be [email protected].

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