The principal business of the Company is residential housing development, concentrating particulary on single detached houses. To date almost all the developments have been in the Greater Bangkok and its vicinities and in other major cities in Thailand; Chiang Mai, Chiang Rai, Khon Kaen, Nakhonratchasima, Udonthani, HuaHin, Phuket, Mahasarakham and Ayuthaya.
The Company registered share capital as at Dec 31, 2024 is totally 12,031,105,828 Baht.
Issued and paid-up share capital is totally to 11,949,713,176 Baht.
Land and Houses’ Certificates and Regulations You can click the links to view documents in PDF file format.
Land and Houses Public Company Limited, founded in 1973, operating property development business, was established to be a company limited on August 30, 1983. The company operates property development business selling detached house, townhome, and condominium in Bangkok, perimeters and major provinces such as Chiangmai, Chiangrai, Khonkaen, Nakhonratchasima, Udonthani, Hua Hin, Phuket, Mahasarakham and Ayuthaya.
Land and Houses’ vision is being a leading property developer in Thailand focusing on building a better living for house buyers and all stakeholders under good governance.
The company concentrates on research, development, innovation, technology, construction, design, through to material selection and service for building residences which can respond well and appropriately to the changeable needs of the consumer in order that the consumer will have a good quality of life and a better living. In addition, Land and Houses values society, partners, shareholders, employees, and all stakeholders to follow the company’s vision.
Company Milestone
December The Company corporated with Manuela Corporation to establish M L&H Corporation in Philippines, with 40% of shares. This investment objective engaged in recapitalization in Bonafacio Land Corporation and all shares were sold out to ML&H at 1,483 million baht.
The Company entered a joint venture agreement with a Consortium of Singaporian national companies comprising : Government of Singapore Investment Corporation (GIC) and OCBC Capital Management, subsidiaries of OCBC Bank Group in Singapore. The proposed of this joint venture is to establish in Thailand with 2,500 million baht capital in the first 3 years and would be expanded later to 5,000 million baht. Shareholdings in Thailand are Land and Houses, Bangkok Bank PLC, Nithipat Securities PLC, and Securities One PLC, and each held 12.5% share while Singapore's GIC and OCBC held 25% each. (At present, this proposed investment has already been aborted).
September To actively exploit opportunities in high potential province, the Company has invested 55 million baht with Muangmai Group and established L&H Muangmai Co., Ltd in Phuket, a major southern city. The company holds 55% of share capital.
PCM Precast floor Public Co.,Ltd. (PCM), the Company's subsidiary, incorporated with Quality Houses (QH), American International Assurance (AIA), Dhana Siam Security Co.,Ltd and Mr. Pong Sarasin have established Home Products Center Co.,Ltd, a construction material supplier. The objective of the transaction is to invest directly in a company that owns distribution channel of construction materials and retail market. 40% of share capital were held and 60 million baht was invested by the Company.
June The Company issued capital-increase shares to 17 institutional investors. Of all the 8 million shares sold, 6 million were sold to Thai investors at 430 baht each and 2 million to foreign investors at 500 baht each. A total of 3,580 million baht of capital-increase was received by July 20, 1995.
May The Company's shareholding in SK Garment Public Co.,Ltd. (eventually renamed Big C in 1996) was diluted to 15% from approximately 25% following an issue of new shares which was taken up by Chiratiwat Group 40% and Robinson Group 15%.
February The Company purchased Chao Thai Securities and renamed to Nithipat Finance and Securities Company Limited, owning 36% of the issued share. It is a part of Company's investing strategy.
January The Company owned approximately 7.38% of the share capital in the consortium of Metro Pacific Corporation and companies in other 11 countries which won the right in a Philippines government auction to develop a land forming part of the former Fort Bonafacio military based on the edge of the Makati financial district of Manila, the Philippines. The Company's investment was in the Bonafacio Land Corporation which itself owned 55% of share capital and the Philippines government owned the remaining 45%. This investment cost about 1,300 million baht.