Golden Land Property Development PLC was established in 1978 to operate the Company was listed on the Stock Exchange of Thailand on 29th March, 1994 and converted from a private listed company on 17th June, 1994.

Below is a summary of significatant events in the company's performance during the past 3 years:-

Year Significant Events
November 2016
On 23 November 2016, the Company issued and offered debentures in the amount of Baht 3,000 million as per the resolution of the Company’s 2016 Annual General Meeting of Shareholders which authorized the issuance and offering of debentures for the amount of not more than Baht 7,000 million. Year Key Events Annual Report
September 2016
The Company was assigned a BBB+ Rating, Outlook Stable from TRI S Rating Co., Ltd., which is an upgrade from the prior BBB Rating, Outlook Stable.
April 2016
The resolution of the 2016 Annual General Meeting of the Shareholders which was held on Monday 25 April 2016 as follows:

Approved dividend payment for the year 2015 to all shareholders at the rate of Baht 0.10 per share, totaling Baht 198,083,620. Nevertheless, the foregoing, since the Board of Directors had approved the interim dividend payment in 2015 at the rate of Baht 0.05 per share, whereby such dividend were paid to shareholders on 3 December 2015

Approve the cancellation of the esolution of the Company’s Gene ral meeting of Shareholders on 29 April 2005 on the issuance and offering of debentures for the amount not more than Baht 3,000 million as the Company did not make any issuance and offering of such debentures and the resolution did not suit the present financial circumstances of the Company.

Approve the issuance of the debenture in amunt of not exceeding Baht 7,000 millon, order to use it in its general business operation, and/or as a revolving capital of Company and its subsidiaries, or any other purposes as the Board of Directors may deem appropriate.
January 2016
The Company established a new joint venture named “Kasemsubbhakdi Co., Ltd.” on 27 January 2016, in which the Company holds 49% of its shares. This subsidiary will be responsible for the Samyarn Mitrtown Project.
January 2016
On 15 January 2016, the Company changed its authorized and paid -up capital from Baht 7,780,590,264.25 to Baht 11,037,670,000, comprising of 2,323,720,000 common shares at the par value of Baht 7.75 per share, as per the resolution for an increase in the authorized capital set forth by the Company’s Extraordinary General Meeting of Shareholders No. 1/2015 on 17 December 2015.
December 2015
The company held the Board of Director’s Meeting No. 6/2015 on November 6, 2015 approved the interim dividend payment to the shareholders from the funds derived from the Company’s operation between January 1, 2015 to September 30, 2015, at the rate of Baht 0.05 per share, totaling of Baht 81,900,950.15, by scheduling the date to determine the names of shareholders entitled to the dividend payment (Record Date) on November 23,2015 the date to collect the names of the shareholders entitled to the dividend payment pursuant to Section 225 of the Securities and Exchange Act B.E. 2535 (1992) (as amended) on November 24, 2015, and the date of the dividend payment on December 3, 2015.

The company held the Extraordinary General Meeting of Shareholders No.1/2015 of the Golden Land Property Development PLC, led to the following resolutions:

Approved the increase in the registered capital by Baht 3,257,079,735.75, from the existing registered capital of Baht 7,780,590,264.25 to Baht 11,037,670,000, by issuing 685,700,997 newly-issued ordinary shares, at the par value of Baht 4.75 per share to offer for sale to the person under the Private Placement Scheme, namely, Frasers Property Holding Thailand (“FPHT”) (under process of establishment), a subsidiary of Frasers Centrepoint Limited (“FCL”) which being a connected person of the Company.

Approved the allocation of not exceeding 685,700,997 newly-issued ordinary shares, at the par value of Baht 4.75 per share to the person under the Private Placement Scheme, namely, FPHT (under process of establishment), a subsidiary of FCL which being a connected person of the Company, at the offering price of Baht 7.25, totaling Baht 4,971,332,228.25.

Approved the waiver of the requirement to make a tender offer for all of the securities of the Company (Whitewash) without Requirement to Make a Tender Offer for All Securities of the Business.

Approved the investment in the Samyan Project which constitutes an asset acquisition transaction and a connected transaction which has a consideration value from a utilization of the land and construction value of totaling approximately THB 13 billion, by entering into a joint venture with the Right-holders with an investment in a newly-established company. As a result, the Right-holders will hold 51% and the Company will hold 49% of the total issued shares of a newly-established company, having the investment in shareholders’ equity of approximately THB 1,960 million. Nonetheless, after the transaction is completed, a newly-established company will become a subsidiary of the Company as the Company gained controlling power over such company as a result of the number of directors and became a team operating the project.
April 2015
On 22nd April 2015, the 2015 Annual General Meeting of the shareholders of the Golden Land Property Development PLC, led to the following resolutions:

Decrease the Company's registered capital in the amount of Baht 1,943,760 (One Million Nine Hundred Forty Three Thousand Seven Hundred and Sixty Baht) from the existing registered capital of Baht 16,382,133,790 (Sixteen Thousand Three Hundred Eighty Two Million One Hundred Thirty Three Thousand Seven Hundred and Ninety Baht) to Baht 16,380,190,030 (Sixteen Thousand Three Hundred Eighty Million One Hundred Ninety Thousand and Thirty Baht), divided into 1,638,019,003 shares at a par value of Baht 10.00 (Ten Baht) each, by cancelling 194,376 unissued shares at a par value of Baht 10.00 (Ten Baht) each.

Transfer of the Company’s legal reserve in the amount of Baht 77,227,512 to compensate the Company’s deficit. After such transfer of the Company’s legal reserve to compensate the deficit, the Company's remaining deficit would be Baht 1,256,955,461, calculated based on the Financial Statements of the Company for the year ended 31st December 2014. In this regard, the Company had no other reserved funds other than the legal reserve.

Decrease of the Company's registered capital and paid-up capital in the amount of Baht 8,599,599,765.75 from the existing registered capital and paid-up capital of Baht 16,380,190,030 to Baht 7,780,590,264.25 by reducing the par value of shares from the existing par value of Baht 10.00 per share to Baht 4.75 per share to compensate the discount on share capital and the deficit of the Company.
December 2014
The company held the Extraordinary General Meeting of Shareholders No.1/2014 to approved the acquisition of 1,780,000,000 ordinary shares of Krungthep Land Public Company Limited (“KLAND”), equivalent to 100 percent  of the total paid-up shares in KLAND, or in the minimum amount that will enable the Company to hold at least 51 percent  of the total issued shares of KLAND and to have control of KLAND at the price of Baht 2.00 per share, totaling Baht 3,560,000,000, from the existing shareholders of KLAND, constituting an asset acquisition transaction and a connected transaction of the Company. Approved the entry into the transaction with the Real Estate Investment Trust (the “REIT”) by the subleasing of land and the leasing the office building, structures, mechanical and electrical systems and the disposal of other assets of the Sathorn Square Office Tower Project of North Sathorn Realty Co., Ltd., a subsidiary of the Company to the Trustee, on behalf of and for the benefit of the REIT and approved the subscription of the REIT units by the Company
September 2014
The company held the Board of Director’s Meeting in order to appointed new Director and Audit Committee being replace the resigned Director and appointed Chairman of Audit Committee.
April 2014
The company held the Annual General Meeting of the Shareholders for the year 2014 in order to approved the Disposition of Asset on Ramkamhaeng Road to Sirisappattana Company Limited which is the related transaction to the Company.
April 2013
The company held the Annual General Meeting of the Shareholders for the year 2013 in order to appointed new Directors being replace the resigned Director and appointed new Director, totally 9 Directors. The company set up subsidiary company namely “Golden Land Residence Co., Ltd.” by holding 99.99% in share.  Golden Land Residence Co., Ltd. will be the major developer to develop future residential project by 2013 onward.
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