Bangkok Land
| Company type | Nonthaburi, Thailand |
|---|---|
Area served | Thailand |
Key people | Anant Kanjanapas (CEO and chairman, 1989–2020) |
| Website | www |
Bangkok Land Public Company Limited (
Bangkok Land was founded by Mongkol Kanjanapas of the Kanjanapas family in 1973. Mongkol's son Anant returned from Hong Kong to Thailand and headed the company from 1989, and it enjoyed spectacular growth in the early 1990s amid Thailand's bubble economy, becoming the highest-valued company on the Stock Exchange of Thailand following its listing in 1992. It was then hard hit by the 1997 Asian financial crisis, which saw its market value shrinking a hundred-fold from US$5.2 billion to $36 million, but the family was able to hold on to control of the company following restructuring. Bangkok Land was able to return to profitability through Impact, Muang Thong Thani, one of the largest convention and exhibition centres in Southeast Asia, which is managed by subsidiary Impact Exhibition Management Co., Ltd. It exited debt restructuring in 2012.[1][2][3][4][5]
References
- ^ "Vision is fool's gold in Thailand". Australian Financial Review. Bloomberg. 5 January 2001. Retrieved 9 September 2021.
- S2CID 146939974.
- ^ Orawan (7 June 2019). "เมืองทองธานี 2562 ทำความรู้จักที่มาของบิ๊กโปรเจ็กท์ก่อนจะกลายเป็นเมืองร้าง แต่วันนี้กำลังจะเป็นเมืองใหม่ (อีกครั้ง)". Marketeer Online (in Thai). Retrieved 9 September 2021.
- ^ "Anant Kanjanapas". Forbes. Retrieved 9 September 2021.
- ISBN 9781135159863.
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