Mr. Thanakorn Thanawirith, Chief Executive Officer of All Inspire Development Public Company Limited (ALL), has purchased 1.11 million shares to instill confidence among investors and shareholders, emphasizing that the core customer base of ALL remains unaffected, focusing on genuine residents.

Mr. Thanakorn Thanawirith, CEO of All Inspire Development Public Company Limited (ALL), a leader in real estate development for residential purposes, particularly condominiums under the brands The Excel Rise and Impression, as well as horizontal residential properties under the brand The Vision, reported that between March 9 and 11, 2020, he gradually acquired 2 transactions of ALL shares, consisting of 410,000 shares at an average price of 2.69 baht per share and 700,000 shares at 2.62 baht per share, totaling 1.11 million shares valued at 2,936,900 baht, representing 0.198% of the total shares. Previously, Mr. Thanakorn held 51.982% of the shares, and now holds 52.180%. This acquisition reflects the management's recognition of a favorable opportunity to accumulate shares after the stock price fell below fundamental values due to the stock market situation and negative impacts from COVID-19.

Amid various concerns affecting investor confidence recently, Mr. Thanakorn sees things differently: "The company's performance has been consistently growing. The latest results for 2019 show a net profit of 500 million baht, a growth of 45%, with total revenue of 2,918 million baht, an increase of 7%. This growth comes from our core business, and we also have a backlog of sales awaiting revenue recognition valued at approximately 11,400 million baht, which will be gradually recognized over the next 3 to 4 years. We emphasize being a comprehensive real estate developer and service provider (Total Real Estate Solutions) with a strong business model that differentiates us from competitors in the market, creating trust and confidence for customers and investors," he stated.

Mr. Thanakorn further reiterated that in 2020, the company anticipates a growth rate of 30 to 40%, with net profit expected to grow in line with total revenue, aligning with the vision to become a leading real estate development company ranked among the top 10 in the country."