Frasers Property (Thailand) Public Company Limited (SET: FPT) has informed the Stock Exchange of Thailand that the company, through its subsidiary, Frasers Property Industrial Estate Co., Ltd., has acquired all shares in Nong Suea Chang Chonburi Co., Ltd. (NSC), representing 100.00% of the issued and paid-up shares of NSC, from the former shareholders, resulting in NSC becoming a subsidiary of the company effective from 6 February 2026 onwards.
According to FPT’s statement regarding the purchase, NSC held a land of over 2,400 rai (384 hectares) in Nong Yai District, Chonburi Province. The acquisition was valued at THB 3,795 million.
The company added that this strategic acquisition expands FPT’s industrial and logistics footprint in Thailand’s Eastern Economic Corridor (EEC) – a key hub in attracting global investment. The company intends to develop an industrial estate on the site to cater to customers’ growing requirements for quality industrial space in the EEC.
This expansion will further diversify FPT’s business beyond its existing portfolio of residential, industrial and logistic, and commercial properties. It will strengthen the company’s overall portfolio and support more stable revenue growth.
