Pintong Industrial Park's board approved the sale of warehouse buildings and utility systems in its Logistics Park project to Jutawan Co., Ltd., a related party, for approximately 779.89 million THB. This transaction requires shareholder approval at the upcoming Annual General Meeting on April 24, 2026.
This divestment allows Pintong Industrial Park to reallocate capital towards its core business of developing new industrial estates, optimizing asset structure, and enhancing shareholder returns. The company will also manage the Logistics Park project and retain rights to install solar power systems on the warehouse roofs.
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People Mentioned
Mr. Peera Patamavorakulchai
Chief Executive Officer at Pintong Industrial Park Public Company Limited
Mr. Peer Patamavorakulchai
Director at Pintong Industrial Park Public Company Limited
Pol. Gen. Udom Raksilatham
Independent Director / Chairman of the Audit Committee at Pintong Industrial Park Public Company Limited
Dr. Surin Tantijaroenkiat
Independent Director / Audit Committee Member at Pintong Industrial Park Public Company Limited
Ms. Ladda Siriwattanagkosol
Source
Pintong Industrial Park will sell warehouse buildings and utility systems for 779.89 million THB to related company Jutawan Co., Ltd.Independent Director / Audit Committee Member at Pintong Industrial Park Public Company Limited