All Inspire Development Public Company Limited is moving forward with the launch of 6 new projects worth over 18.25 billion baht. The company reported total revenue of 2.34 billion baht last year and is entering the MAI stock market to offer 150 million shares to the public for the first time (IPO). The funds raised will be used as capital for real estate development projects, with the goal of becoming a leading real estate development company ranked among the top 10 in the country.
 
 

Mr. Thanakorn Thanawirith, CEO of All Inspire Development Public Company Limited, revealed that the company is growing with a distinct style, emphasizing price, location, and design under the concept of Class of Living, "A life of quality is a life you choose yourself." This approach has made every project of the company appealing to customers and investors. In 2018, the company generated total revenue of 2.34 billion baht, derived from real estate development worth 1.98 billion baht, real estate brokerage worth 204 million baht, and other income of 160.6 million baht, accounting for 84%, 9%, and 7% respectively. The company also has a backlog of 11 projects awaiting revenue recognition from ownership transfer, valued at approximately 6.35 billion baht as of December 2018.
 
This year, the company plans to launch 6 new projects with a total value of 18.25 billion baht, including 3 high-rise condominium projects located in Thonglor 12, Thonglor 16, and the Impression Ekkamai project, as well as 3 low-rise condominium projects in Lat Phrao - Sutthisan 20, June 20 Intersection 5, and Lasalle 83.
 
 
 
In the first quarter of this year, the company has already launched 2 projects, including 1 horizontal project that continued marketing from last year, namely The Vision Lat Phrao – Nawamin Phase 1, a 3-story townhouse that breaks all townhouse rules, suitable for urban living, with 199 units valued at approximately 890 million baht. This project consists of 2 phases with a total of 308 units, valued at approximately 1.39 billion baht. The other project is a high-rise condominium under the brand Impression Ekkamai, a luxury residential ICONIC PROJECT targeting high-end customers, with 380 units valued at a total of 4.8 billion baht. For this project, All Inspire has partnered with two major Japanese companies, Hoosiers Holdings and Kyushu Railway Company. The company expects all projects to stand out in both location and design, truly understanding the needs of residents.
 
The company's operational direction and policies, which are part of its organizational strategy, continue to emphasize: 1) Developing real estate projects in high-potential areas with outstanding locations near major public transport systems in Bangkok, such as BTS and MRT; 2) Modern and unique designs focusing on functionality, usable space, common areas, and good surroundings, aiming for practical living at affordable prices; 3) Launching new projects accessible to various customer segments, such as working-age customers with monthly incomes of approximately 25,000 - 50,000 baht, and Dual Income, No Kids (DINKs) under the brand The Excel, or customers with middle to upper-middle income levels of approximately 40,000 - 80,000 baht under the brand RISE, or customers with upper-middle to high income levels of approximately 40,000 - 100,000 baht under the brand The Vision, or high-income customers with monthly incomes of around 150,000 baht and above under the brand Impression.
 
 
Mr. Thanakorn further stated that the company is preparing to offer shares to the public for the first time (IPO) with 150 million shares at a par value of 1 baht per share, representing 26.79% of the total shares after the IPO. The Securities and Exchange Commission (SEC) has approved the offering of new shares to the public. Currently, "ALL" has a registered capital of 560 million baht and fully paid-up capital of 410 million baht, equivalent to 410 million shares. The group aims to use the funds raised from this securities offering to invest in real estate development projects in various potential areas, repay loans from financial institutions, and use it as working capital for future operations.
 
The company envisions becoming a leading real estate development company ranked among the top 10 in the country to build credibility and confidence among stakeholders, including shareholders, partners, and employees. This IPO offering will enable the company to access capital from the capital and money markets for the development of new real estate projects in the future, in line with ALL's policy of continuous business expansion to create stable and sustainable growth, while also aiming to provide valuable returns to shareholders and investors who trust and believe in the company.
 
 
Asia Plus Advisory Company Limited, as the financial advisor for All Inspire Development Public Company Limited (ALL) in its registration on the MAI stock market, stated that after the SEC approved the request to offer new shares to the public, the company is currently in the process of setting a timeline for investor presentations (roadshows) for both institutional investors and the general public before determining the offering price for the first public offering (IPO) of 150 million shares, representing 26.79% of the total shares after the IPO.
 
Considering the strengths of ALL, it is evident that the group is engaged in developing various types of residential real estate projects to meet the needs of all customer segments, including low-rise and high-rise condominiums under the brands The Excel and Impression, as well as townhouses under the brand The Vision. These projects are developed by the group itself and in collaboration with three other companies: ALL Hoosiers Sukhumvit 50 Co., Ltd. (ALL Hoosiers) for the development of The Excel Hideaway Sukhumvit 50, a low-rise condominium; AHJ Ekkamai Co., Ltd. (AHJ Ekkamai) for the development of Impression Ekkamai, a high-rise condominium; and AG Thonglor 12 Co., Ltd. (AG Thonglor) for the development of a high-rise condominium in Thonglor. Additionally, the group has businesses related to real estate, including providing services as agents and brokers for real estate sales in international markets under Thai D Real Estate Co., Ltd., investment and trading of completed real estate under the name "Rise Venture" operated by Rise Estate Co., Ltd., and providing management services for condominium juristic persons under ALL Property Service Co., Ltd.
 
When considering the performance over the past period from 2016 to 2018, the group has seen continuous growth in total revenue and net profit, with total revenues of 420 million baht, 714 million baht, and 2.34 billion baht respectively, and during the same period, the group reported net profits of 11 million baht, 81 million baht, and 343 million baht respectively. The growth rate of the company clearly demonstrates its strong financial status and growth.
 
Thank you for the information from www.allinspire.co.th