COMPANY BACKGROUND

SALES CONTACT
For mo
re information, please call:

Head office
Apex Development Public Co., Ltd.
10/53-56, 2nd Floor, The Trendy Building,
Soi Sukhumvit 13(Sangjan), Sukhumvit Rd.,
Klongtoey Nua, Wattana, Bangkok 10110 Thailand.

Tel. (66-2) 168-7200
Fax. (66-2) 168-7190-91 E-mail : info@apexpcl.com


Sales Office at Pattaya
Sukhumvit Road Km. 156.5, Na Jomtien Beach,
Sattahip District, Chonburi.

Tel. 038-235-775 or 089-777-8422


Sales Office at Phuket
Moo 6, Paklok Sub-district, Thalang District, Phuket.

Tel. 061-413-6888 

ภาษาไทย

 

Company Background

 

After the Suntec Group Public Company Limited had successfully completed its rehabilitation plan under the Bankruptcy Act, it was legally permitted to operate its business again from 30th of April, 2007 onwards.  In August 2007 the new investor group led by Mr. Pongphan Sampawakoop acquired the increased shares of paid-up capital to obtain 836,000,000 shares, worth 785,840,000 baht, or 78% of the total shares.  The company’s name was also changed to Apex Development Public Company Limited, with “APX” being its new symbol in the Stock Exchange of Thailand (SET).  The new business objective is to engage actively in real estate development.  Hence forth Apex started to develop the new seaside resort project named “White Sand Beach”, Pattaya on approximately 30 rai of land area with a project value of 3,500 million Baht.  It consists of:

 

1.   Mövenpick Hotel (North Tower), 34 floors Hotel Condominium, 264 units with facilities.

2.   Mövenpick Residences (South Tower), 37 floors Residential Condominium, 196 units with facilities.

3.   Mövenpick Pool Villas, 34 Villas with land.

 

The objective plans of the company are to develop and sell Mövenpick Condotel, Mövenpick Residences, and Pool Villas to investors and individual buyers in order to realize earning and profit as envisaged according to the project plan in order to apply for the resumption of trading of the company’s shares in the Stock Exchange of Thailand.

 

And by year end of 2015, the company has completed the construction and transferred some of condo-units and pool villas to the buyers, thus realized the net profit to the company. (APX earns its net operating profit from its core business based on its audited financial statements for the year 2015 and 2016)

 

 

The Stock Exchange of Thailand (SET) and The Securities and Exchange Commission, Thailand (SEC) have considered and approved Apex to resume trading in the Stock Exchange of Thailand for the Property and Construction group, in the Property Development Sector starting from the 27th of March, 2017 onwards, after strictly adhering to the rules and regulations until the criteria for removal from delisting was achieved coupled with the continuous profitable in its operation years.  The company is determined to conduct the business which yields good operational result under the policy of corporate risk management and corporate governance in a fitting manner.

 

The shareholders that are involved in the management of the company (Strategic Shareholders) of APX totaling 18 persons, holding  ordinary shares of 1,649,917,500 shares (55% of its paid-up capital of 2,999.85 million Baht) have given their warrant to the Stock Exchange that they will not sell their securities within one year (Silent Period) from the day APX securities resumed trading.  However, they have been granted permission that after 6 months, they may begin to sell some of their securities amounted to 25% of the total securities that were prohibited to sell.

 

 

SALES CONTACT
For mo
re information, please call:

Head office
Apex Development Public Co., Ltd.
10/53-56, 2nd Floor, The Trendy Building,
Soi Sukhumvit 13(Sangjan), Sukhumvit Rd.,
Klongtoey Nua, Wattana, Bangkok 10110 Thailand.

Tel. (66-2) 168-7200
Fax. (66-2) 168-7190-91 E-mail : info@apexpcl.com


Sales Office at Pattaya
Sukhumvit Road Km. 156.5, Na Jomtien Beach,
Sattahip District, Chonburi.

Tel. 038-235-775 or 089-777-8422


Sales Office at Phuket
Moo 6, Paklok Sub-district, Thalang District, Phuket.

Tel. 061-413-6888