To cope with labour shortages, Ananda Development has established a construction firm to take on one-third of its backlog. "This will support our investment plan in the future," Chanond Ruangkritya, president and chief executive officer of Ananda, said yesterday. Helix Co will be an independently run profit centre, capable of carrying out new and advanced technology, and led by chairman Suvit Kiat-samphan, a 40-year construction veteran, and CEO Chutha Prom-chinavongs. Helix has registered capital of Bt89 million and is fully owned by Ananda. It is already working on some Ananda-run Atoll housing projects. Helix will help Ananda build condominium projects at 245 mass-transit stations by 2022, when Greater Bangkok's commuter train network is due to be completed. This year, the company plans to launch 13 condo and housing projects worth Bt24 billion. Five are Ideo projects, with the first two sites located on the |Thon Buri side of the Chao Phraya River. Ideo is the flagship brand for condos located no further than 300 metres from a mass-transit station. Ananda is also starting a new phase of its sole Elio project off Sukhumvit Soi 64, which is 53 per cent sold out. The remaining seven projects are branded Atoll, comprising detached houses, duplexes and townhouses near and around Suvarnabhumi Airport. Ananda is targeting presales of Bt14.9 billion from these projects, which would be double last year's presales. It also expects to book Bt12 billion this year from loan-enabled transfers of units to buyers.
Bali March 28, 2013 12:00 am
Since it was founded in 2013 to be a construction arm for Ananda Group. Helix has grown continuously and firmly throughout the years with its revenue surpassed 2100 million marks in 2016, with the target to become a public company in 2018, we aim to double our revenue to 5000 by 2017 and 9000 million by 2018. We are extremely proud of what we have accomplished and would like to thank you CEO Khun Chanond and the team of Ananda fir their full support, following Khun Chanond's guidelines, Helix team work hard in an innovative and progressive way with a service mind to make sure that we comply with our slogan "deliver the best" As one of the pioneers to fully adopt precast with splice sleeve system for high rise buildings in Thailand, and Helix has successfully completed two Ananda's IDEO projects in the past two years IDEO Wutthakat condo, 32 floors and second one is IDEO Mobi Sukhumvit Eastgate condo, 30 floors with more property development projects in the pipeline for both Anada and Helix's own projects. The use of precast technology not only help saving labor forces but also enhance the quality of the final product with short schedule. I personally have worked with the Helix team since 1990, I am glad to have a chance token_get_all work with them again. With such a strong team we have, I am confident Helix will grow considerably in the coming
MR. SUWIT KIATSUMPHAN