Bangkok Land
| Company type | Public |
|---|---|
| SET: BLAND | |
| Industry | Real estate |
| Founded | April 19, 1973 |
| Founder | Mongkol Kanjanapas |
| Headquarters | Nonthaburi, Thailand |
Area served | Thailand |
Key people | Anant Kanjanapas (CEO and chairman, 1989–2020) |
| Website | www |
Bangkok Land Public Company Limited (SET: BLAND) is a real estate company in Thailand. It is best known as the developer of Muang Thong Thani, a large residential development in Bangkok's northern suburb city of Pak Kret in Nonthaburi Province.
Bangkok Land was founded by Mongkol Kanjanapas of the Kanjanapas family in 1973. Mongkol's son Anant returned from Hong Kong to Thailand and headed the company from 1989, and it enjoyed spectacular growth in the early 1990s amid Thailand's bubble economy, becoming the highest-valued company on the Stock Exchange of Thailand following its listing in 1992. It was then hard hit by the 1997 Asian financial crisis, which saw its market value shrinking a hundred-fold from US$5.2 billion to $36 million, but the family was able to hold on to control of the company following restructuring. Bangkok Land was able to return to profitability through Impact, Muang Thong Thani, one of the largest convention and exhibition centres in Southeast Asia, which is managed by subsidiary Impact Exhibition Management Co., Ltd. It exited debt restructuring in 2012.[1][2][3][4][5]
References
[edit]- ^ "Vision is fool's gold in Thailand". Australian Financial Review. Bloomberg. 5 January 2001. Retrieved 9 September 2021.
- ^ Brown, Rajeswary Ampalavanar (July 2000). "Sino—Thai Corporate Profligacy and the Financial Turmoil of 1997". South East Asia Research. 8 (2): 147–184. doi:10.5367/000000000101297253. S2CID 146939974.
- ^ Orawan (7 June 2019). "เมืองทองธานี 2562 ทำความรู้จักที่มาของบิ๊กโปรเจ็กท์ก่อนจะกลายเป็นเมืองร้าง แต่วันนี้กำลังจะเป็นเมืองใหม่ (อีกครั้ง)". Marketeer Online (in Thai). Retrieved 9 September 2021.
- ^ "Anant Kanjanapas". Forbes. Retrieved 9 September 2021.
- ^ Marshall, Richard (2003). "The Golden City in the City of Angels". Emerging Urbanity: Global Urban Projects in the Asia Pacific Rim. London: Spon Press. ISBN 9781135159863.
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