BRI Gains Nearly 5% on First Trading Day in Property Sector under SET Index

The share price of Britania Public Company Limited (SET: BRI) kicked off its first trading day at ฿11.00/share, increased ฿0.50/share or 4.76% from its IPO at THB10.50 per share.

BRI is a spin-off company from Origin Property Public Company Limited (SET: ORI), operated as a property development which focuses on horizontal residential property, which includes but is not limited to detached houses, semi detached houses, townhomes, townhouses, and other similar properties. At present, BRI engages the detached houses development business under 4 brands: (i) “Belgravia”, luxury detached houses; (ii) “Grand Britania”, detached and semi-detached houses; (iii) “Britania”, detached houses, semi-detached houses, and townhomes; and, (iv) “Brighton”, detached houses, semi-detached houses, and townhomes. As at the end of the first quarter of 2021, BRI had 15 finished projects that are in process of sales and transfer of ownership, the value of which totaled at approximately 19,500 million baht.