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Friday, June 21, 2024

FPT adopts integration at the right time

Mr Thanapol says integration is a good tonic to business uncertainty.

Diversification, synergy and resilience will be key factors helping Frasers Property Thailand (FPT) in its integration of industrial, residential and commercial property business into “One Platform”.

Thanapol Sirithanachai, the country chief executive, said the company’s business integration, which was completed in August, came at the right time, following the pandemic and global economic downturn.

“The benefits of integration provide immunity that help us prepare for uncertainties like a possible second wave of the pandemic, vaccine development, economic slowdown, unemployment, political instability or trade wars,” he said.

Back in 2013, TCC Group, the conglomerate owned by billionaire Charoen Sirivadhanabhakdi, used overseas…

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