Golden Land Property Development PLC was incorporated in 1978 with the objective of conducting property development business, listed on the Stock Exchange of Thailand (SET) on 29 March 1994, and went public on 17 June 1994.

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

Year Significant Events
December 2018
On 19 December 2018, the Company issued and offered debentures of Baht 3 billion in accordance with resolutions of the Annual General Meeting of Shareholders for the year 2017, with aggregate offering size of not exceeding Baht 10 billion, a three-year maturity period, and offering to institutional investors and/or high net worth investors at interest rate of 3.64% per annum.
January 2019
On 17January 2019, the Annual General Meeting of Shareholders of Golden Land Property Development PLC passed the following resolutions:
  • Approved the dividend payment for the year 2018 to all shareholders at a rate of Baht 0.46 per share, totaling Baht 1,068.90 million.
  • Approved the issue of additional debentures in the amount of not exceeding Baht 3 billion, with a total value of not exceeding 13 billion in total debentures, to be used in its general business operations, and/or for loan repayment, and/or investment of the Company and its subsidiaries, and/or as a working capital for the Company and its subsidiaries, or any other purposes as the Board of Directors may deem appropriate.
February 2019
On 25 February 2019, Frasers Property (Thailand) Public Company Limited announced its intention of acquiring securities for business takeover (Form 247-3) and making a tender offer (Form 247-4) to the Office of the Securities and Exchange Commission, the Company’s shareholders and the Stock Exchange of Thailand.
On 26 February 2019, the Company sold its investment in ordinary shares entirely held in Ban Chang Estate Co., Ltd., amounting to 2,249,998 shares or 99.99 percent of the registered capital to an unrelated third party. The purpose of the transaction was to dispose of all assets that are not the Company's core business obtained through a merger in order to reduce administrative expenses.
March 2019
On 1 March 2019, TRIS Rating Co., Ltd., placed the “BBB +” and issued ratings on Golden Land on Credit Alert with a “positive” implication.
May 2019
FYI Center Building won an award, granted by HRH Princess Maha Chakri Sirindhorn, for an outstanding property project for best quality of life in a category of office buildings for 2018 from the Association of Siamese Architects under the Royal Patronage (ASA).
June 2019
The Company was selected for BCI Asia Top 10 Developers for 2019 Awards in recognition for sustainable development of Neo Home project with two awards to Golden Neo Sathorn and Golden Neo 2 Bangna - Kingkaew.
On 25 June 2019, the Company submitted a report on preliminary results of the tender offer (Form 250-2) for securities and an opinion of an independent financial advisor on the tender offer for the securities of Golden Land Property Development PLC to the shareholders and the Stock Exchange of Thailand.
July 2019
The Company won the FIABCI - Thai PRIX D’EXCELLENCE AWARDS 2019 in a category of horizontal project, i.e. The Grand Pinklao project, presented by the International Real Estate Association (FIABCI - Thai).
August 2019
On 15 August 2019, the Company received a report on results of the purchase of the Company’s securities submitted by Frasers Property (Thailand) Public Company Limited, which received 2,195,898,701 ordinary shares of the Company, accounting for 94.5 percent of total shares sold of the Company.
September 2019
On 17 September 2019, TRIS Rating Co., Ltd., canceled ‘positive’ on Credit Alert and upgraded the Company’s rating from BBB + to A-, Outlook Stable.
On 20 September 2019, the Company was informed by Frasers Property (Thailand) Public Company Limited of its intention to make a tender offer for all the Company’s securities to delist the shares of the Company the Stock Exchange of Thailand.
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