Mankhong, a leader in real estate development business for sale, rent and service open business plan Making great progress Full penetration of health business Continuing the cooperation with Bumrungrad Hospital Established a joint venture company “Health and Wellness Ventures Co., Ltd.”
Ready to expand investment in warehouse rental business Bangkok Free Trade Zone Project in the potential area to support the growth of Thai e-commerce To strengthen the business group to achieve sustainable growth
Mr. Worasit Pokachaipat, Chief Executive Officer of Munkong Housing Public Company Limited, revealed that this business plan adjustment “As a leader in the development of residential real estate projects We continue to carry on business management in this area.
However, in order to strengthen the business group, Mongkhong sees the growth potential and strengths of Thailand in terms of Industrial Property and Wellness, we are ready to expand our 2 businesses in the group. such as the Wellness business that will continue to develop more fully and more comprehensively meet the needs of various customers including expanding the warehouse rental business Bangkok Free Trade Zone (BFTZ)”
Strategy to expand factories and warehouses for rent Bangkok Free Trade Zone Project Stability continues to expand the area “Bangkok Free Trade Zone Project”, developed by Prospect Development Company Limited, currently has a construction area of 400,000 square meters on a prime location and important logistics. from the big business transformation plan As a result, the company aims to expand the area to 1,000,000 square meters in the next 3 years.
Ready to go on to develop factories and large warehouses. to support the needs of investors with a business strategy focused on the purple area which is a useful area for industrial land and warehouse Free Trade Area and Bangna-Trad Area which is an important strategy in logistics
In addition, the Company also established a real estate leasehold right investment trust (PROSPECT REIT) in August 2020.
Most recently, from the operating results as of 2021, it was considered satisfactory with a total revenue of 443 million baht and a profit before expenses of 294 million baht. Total 1.1158 baht/share
By the type of assets that the current pile has a total value of more than 3.6 billion baht, the company has set a target of 10 billion baht in the next 3 years, so it is another business that has a long-term growth potential and can generate income. consistent and continuous for the company
in health business Under the operation of RX Wellness Company Limited (RX Wellness), the Company launched the Fully Integrative Wellness & Medical Retreat project in 2020, which featured of such projects has emphasized on providing health promotion and preventive services since the launch The project has received great attention and response from both Thai and foreign users.
In addition, in order to drive the project into a world-class medical tourism destination (World-Class Medical and Wellness Destination), the latest company has emphasized
The intention to enhance the penetration into the health and wellness market through the joint venture “Vitallife Alliance”, a subsidiary of Bumrungrad Hospital The leader in medical care at the international level in Thailand, opened the company “Health and Wellness Ventures Co., Ltd.” with a ratio of 50:50 to penetrate the health care and wellness business in full.
Ms. Dusadee Tancharoen, Managing Director of RX Wellness Company Limited, said about the business direction of RX Wellness Company Limited (RX Wellness) that “The Company intends to develop health services to cover all dimensions. Since the promotion (Enhancement), Prevent (Prevention), Cure (Cure) and Restoration (Restoration). For the Raksa Bangkachao project, we have achieved success in terms of promotion (Enhancement) and prevention (Prevention) that focuses on the science of integration. holistic medicine Outstanding in individual care
In addition, in order to enhance the coverage of wellness and medical services including meeting various needs We therefore have a plan to expand the business to potential areas such as the RAKxa Village Sampran project that will focus on promoting (Enhancement) and Prevention (Prevention) is the core under Everyone’s wellness concept that believes that good health is natural and can be done for everyone.
There is also a plan to open Medical Village at Bangkrachao, which will be in the same area as Raksa Bangkachao. common and focusing on treatment (Cure) and restoration (Restoration) of the body under the concept of a new dimension of personalized health care Combining all sciences from the west and the east with holistic medicine in the middle of nature, in order to emphasize the full development of medicine and wellness. We have taken the concept and 4 strengths as a guideline for the development of Health and Wellness Ventures Co., Ltd. to raise the level of health services. Meet the needs and goals of health care providers in all dimensions.”
However, from the stability Strategies have been adjusted to create business opportunities and consistent income for the company. Which can be considered that this year is another year of major changes. which aims to fully expand the market of factories and warehouses for rent and health care businesses For this year, it will see stability in new dimensions. It is expected that all the strategies mentioned above will be able to make the company grow stable and sustainable
