Singha Estate Public Company Limited (SET: S) has signed a land sale agreement for 75 rai in the S Ang Thong Industrial Estate and infrastructure with Dali Foods (Thailand) Co., Ltd., a global food product manufacturer and distributor with over 33 years of experience. This marks a significant deal aimed at attracting foreign investment, emphasizing the potential of S Ang Thong in terms of location, infrastructure technology, utilities, and clean energy systems, ready to become a new strategic hub for industries focused on quality growth alongside social and environmental responsibility.

The signing ceremony was led by Chai Rat Siwaprapan, CEO of Singha Estate Public Company Limited, Kamjorn Leeprapanakul, Managing Director of S Industrial Estate Co., Ltd., and Adam Ma, Managing Director of Dali Foods Group Co., Ltd.

Witnessing the event were Chen Hailiang, Director of Public Relations at Dali Foods Group Co., Ltd., Pan Haiping, Deputy Manager of Dali Foods (Thailand) Co., Ltd., and honored guests including Nalinee Kanjanamai, Deputy Governor for Administration, Rakcharin Thonghong, Director of Marketing and Customer Relations, and Patariya Sangdee, Director of Customer Relations at the Industrial Estate Authority of Thailand, held at the Sun Towers building.

Chai Rat Siwaprapan, CEO of Singha Estate Public Company Limited, stated, "Singha Estate recognizes the potential of Ang Thong province as a new strategic location for the Thai industrial sector due to its key connectivity between the upper central region and Bangkok, as well as the abundance of food raw materials and suitable labor. Therefore, we have developed the 'S Ang Thong' project to become a model eco-industrial estate in the country, supporting the sustainable growth of the new era industries under the concept of 'Eco Factory & Green Industry', integrating high-quality infrastructure and comprehensive utilities, including three combined heat and power plants with a capacity of 403 megawatts and an industrial water production system using Ultra Filtration technology to support future industrial growth while emphasizing social and environmental responsibility. We are very pleased to welcome Dali Foods, a global food industry leader, to our area in S Ang Thong Industrial Estate, which serves as a testament to the confidence in the project's potential and reflects our vision of 'Entrusted and Value Enricher' in creating value for the national economy, driving the Thai industrial sector to grow based on true quality and sustainability."

"The growth of S Ang Thong Industrial Estate today is not just about expanding space but elevating the standards of solutions for the Thai industrial sector in the future. We are developing a strategic area that perfectly integrates 'logistics, technology, and clean energy' with smart infrastructure and comprehensive utilities to support sustainable business growth. This is not just an 'estate' but an 'investment ecosystem' that promotes entrepreneurs to grow alongside social and environmental responsibility, similar to our partner Dali Foods, which values ethical business practices. We believe that S Ang Thong will be a strong and stable base and a key mechanism in enhancing the competitive potential of the Thai industry in the long term," added Kamjorn Leeprapanakul, Managing Director of S Industrial Estate Co., Ltd.

Adam Ma, Managing Director of Dali Foods Group Co., Ltd., concluded, "We are very pleased to expand our operations and production base to Thailand in the area of S Ang Thong Industrial Estate and infrastructure. For Dali Foods, choosing the location for our factory is not just about location and infrastructure technology but also about alignment in vision and shared ideas. We prioritize sustainable business practices by implementing environmentally friendly production innovations and technologies while focusing on efficient energy use, waste reduction, and promoting resource conservation. Additionally, we emphasize ethical business practices and local employment, which aligns with the development approach of S Ang Thong that values business growth alongside social and environmental care. We believe this is the beginning of a strong and sustainable collaboration between both organizations."

The signing of the land sale agreement between 'Singha Estate' and 'Dali Foods' reflects the confidence of foreign investors in the potential of the 'S Ang Thong' project and reinforces Singha Estate's role as a developer of high-quality industrial estates and infrastructure, driven by sustainability and social and environmental responsibility in every dimension to strengthen the Thai industry for sustainable growth.