All Inspire Unveils 2019 Business Plan to List in MAI Raising Funds to Reach Top Ten in Real Estate Industry

All Inspire Development Public Company Limited launches 6 new projects worth a total of 18.25 billion baht, with total revenue in 2018 at 2.343 billion baht, and announces the company’s move to list its shares on the Market for Alternative Investment (MAI) with an initial public offering of 150 million shares. All Inspire Development PCL., reveals that the funds raised will go towards developing real estate, with the goal of becoming one of the top ten leading real estate developers in Thailand.

Mr. Thanakorn Thanawarith, Chief Executive Officer, All Inspire Development PCL., disclosed that All Inspire has been aiming for a unique growth with style by prioritizing price, location, and design, by slogan of “Class of Living”. Numerous customers and investors have expressed their interest in the company’s projects, with total revenue of 2.343 billion baht in 2018, of which 1.978 billion baht is from real estate development, 204 million baht from real estate agent, and other revenues were 160.6 million baht, with a proportion of 84%, 9%, and 7%, respectively. Moreover, the company has backlog to be recognized about 6.354 billion baht from 11 projects as of December 2018.

This year, the company will launch 6 new condominium projects, with a combined value of 18.25 billion baht, categorized as 3 High Rise projects which are Impression Ekkamai with 380 units, worth 4.8 billion baht, Thonglor 12 and Thonglor 16, and 3 Low Rise projects which are Ladprao – Sutthisarn, 20 Mithuna – Junction 5 and Lasalle 83.

Meanwhile, in the first quarter of this year, the company has already initiated the sales for 2 projects: the first is The Vision Ladprao – Nawamin, Phase 1, which are 3-storey townhomes that rebel against all rules of townhomes and caters to urbanites, totaling 199 units, worth 890 million baht, with the entire project comprising 2 phases of a combined 308 units worth about 1.391 billion baht. The other is the Impression Ekkamai High Rise Condominium, which is a luxury residence and iconic project targeting upper-class customers with 380 units, worth 4.8 billion baht. For the latter project, the company has entered a joint venture with Hoosiers Holdings and Kyushu Railway Company from Japan. The company is confident that all projects are outstanding in its location and design that truly caters to the needs of home owners.

As for the policy and business direction of the company, which are the company’s strategies, All Inspire Development PCL. will focus on 1) Developing properties on high-potential locations near public transportation systems such as the BTS and MRT, 2) Designing properties to serve real functions in modern and unique designs that are comfortable for everyday living at affordable prices, 3) Launching new projects to target different customer segments, such as working-age groups with 25,000 to 50,000 baht income per month, and the Dual Income, No Kids (DINKs) under The Excel brand; customers in the middle to upper-middle segment with 40,000 to 80,000 baht income per month under the RISE brand; customers in the middle to upper-middle segment with 40,000 to 100,000 baht income per month under The Vision brand; and customers in the high income segment with over 150,000 baht income per month under the Impression brand.

Mr. Thanakorn added that the company is set to offer its initial public offering (IPO) of 150 million shares at 1 baht per share, or 26.79% of listed shares after the IPO. The Securities and Exchange Commission (SEC) has approved for the company to offer shares to the public. Currently, ALL has registered 560 million baht authorized capital with 410 million baht or 410 million shares of issued capital and paid-up capital. The company intends to use the funds raised from the IPO to develop real estate projects in high-potential area, pay off loans from financial institutes, and use as working capital for future business operations.

The company has vision to become one of the top ten leading real estate developers in Thailand to enhance trust and confidence for all stakeholders, from shareholders, partners, and the company’s employees. The IPO will allow the company access to funds from financial and capital markets to develop new real estate projects in the future according to ALL’s policy to continuously expand businesses towards a stable and sustainable growth, while adding value to shareholders and investors who have always trusted and have confidence in the company. 

Asia Plus Advisory Company Limited, as the financial advisor of All Inspire Development PCL. or ALL in listing in the MAI, said that after the SEC has approved ALL’s IPO, the company is in the process of determining the timeframe for organizing roadshows among general investors and institutions before the company offers its initial public offering (IPO) of 150 million shares, or 26.79% of listed shares after the IPO.

The strength of ALL is the company’s scope of businesses to reach every customer segments, from Low Rise and High Rise Condominiums, under The Excel, RISE, and Impression brands, to townhomes under The Vision brand, all of which are developed by the company as well as with three joint ventures: ALL Inspire-Hoosiers Sukumvit 50 Co., Ltd. to develop The Excel Hideaway Sukhumvit 50, a Low Rise Condominium; AHJ Ekkamai Co., Ltd. to develop The Impression Ekkamai, a High Rise Condominium; and AG Thonglor 12 Co., Ltd. to develop a High Rise Condominium in Thonglor area. Moreover, the company has related service in real estate business such as real estate agents in overseas markets, under Thai D Real Estate Co., Ltd., the property investment and property trading services under the brand “Rise Venture” under the operation of Rise Estate Company Limited (“RISE”), and the condominium juristic management service under the operation of All Property Service Company Limited (“ALL Prop”).

The company’s three-year business operation results from 2016 to 2018 show that the company has continuously increasing in both revenue and net profit. In the past few years, revenue was at 420 million baht, 714 million baht, and 2.343 billion baht, respectively. Meanwhile, profit was at 11 million baht, 81 million baht, and 343 million baht, respectively. The growth of the company reflects the strong financial situation and potential of ALL.

Expat guy attacked Thai waitress at Sukhumvit Soi1

As I am work in PR life never send this kind of news before but as I saw this situation if it could be publish, I just would like to condemn this guy, not just see and think it is not my business, it is abusing woman!!!

Yesterday, This guy lives in an apartment on Soi 1, came in and said the bar was loud, you can see in the video there is no one inside we were almost closed, so he must have heard music from another place. Staff tried to explain no one is there and then he tried to fight them.

Please find attached clip how irrational he was being (Pushed waiter at time 23.00.37 and waitress was pulled hair at 23.09.07)

https://youtu.be/ozvSQi91xh0

Zilingo spends 7,000 million Baht for expanding the shopping online platform in global level

Zilingo, shopping online platform, spends $226 million or exceeding 7,000 million baht for penetrating South East Asia because we found that the overview of e-commerce market in South East Asia significantly increases and achieves a quantum leap growth. In this sense, Zilingo expands the B2B platform with supplier bases in Vietnam, Bangladesh and Cambodia. Moreover, Zilingo sets up an office in Manila, Philippines.

By focusing on the global fashion & lifestyle industry is over $3 trillion in size and it relies heavily upon merchants and suppliers in Asia. But the small businesses which are the backbone of this industry are extensive with middlemen and marred by out-of-date tech. Zilingo realises this pain point and the opportunity to growth. The result of this has led us to continually expand the business in this region since 2561 and also provide a full-stack platform which can solve massive efficiencies in the supply chain and in turn, change the lives and trajectories of merchants. Besides, when the merchant is fully enabled, they are able to provide to the ultimate consumer the best prices, the best quality and the most diversity in choice.

Angiti Bose envisions a future where Zilingo stands at the apex of the fashion world as the champion for fashion democracy and inclusivity by supporting our both customers; B2C and B2B for their business growth.

In case of B2C, it is an online platform for vendors, SMEs or Small re-sellers, selling in small quantity and wants to represent their products to the world. Once they are selling at some offline market, there will be a lot of fixed cost to pay and the number of visitors is limited. However, selling with Zilingo, we offer to these vendors visibility to the world, to many countries. For example, we offer financial support and provide photoshoot that with under market price.

In terms of B2B, it is similar to B2C business model that we have except for the vendors that we are focusing is much larger scale like manufacturers, garment factories or even distributors to be on our B2B online platform. That we will be represented across Geos to open to new business opportunity and we have ecosystem supports for B2B vendors as same as B2C. It could be seen that our main vision is to help these people grow along with us by providing them as much help as we could.

For doing marketing in Thailand, Zilingo has more than 100K SKUs that specifically chosen for Thai people. Most of vendors are local vendors, so they know what Thai people’s demand and what Thai people like on trend. But all Geos of Zilingo, we are united to the same vision and that is to encourage people out there to be themselves, we believe in equality and human right. We all deserve to be whoever we truly are.

Angiti said “We all have our own specialty which is fashion & lifestyle, with our base customer in 4 Geos (Thailand, Singapore, Indonesia, Philippines), we can provide our customers the most fashionable trend in SEA. We want to provide the best products to our customers which we are selecting thoughtfully every day.” In the future, we have planned to develop a beneficial tools for supporting our customers to make an easy decision such as buy now pay later and return policy within 15 days.

Currently, Zilingo provides services to both B2C and B2B in more than 15 countries including Thailand, United State, Brazil, India, Bangladesh, South Korea, Hongkong, China, Cambodia, Vietnam, India, Singapore, Malaysia, Australia and Philippines. This accounted for 25,000 merchants, 400 employees, 100k indirect employees and 1,200 manufactures.