Asset World Corporation

Asset World Corporation
ISINTH9436010002 Edit this on Wikidata
IndustryReal estate
Founded2009 Edit this on Wikidata
Headquarters
Thailand

Asset World Corp Public Company Limited, branded as Asset World Corporation or AWC, is a Thai real estate company majority-owned by billionaire Charoen Sirivadhanabhakdi and his TCC Group. The company was founded in 2009 as First Destination Co., Ltd., and was renamed in 2016 and listed on the Stock Exchange of Thailand in 2019. Led by CEO Wallapa Traisorat, who is Charoen's daughter, its business is focused on hospitality and retail property development, and includes multiple hotels operated by international chain brands as well as well-known properties such as Asiatique and Empire Tower. The company is pursuing major urban re-development projects in the Woeng Nakhon Khasem area of Bangkok's Chinatown, in Pattaya, and at Asiatique.

History

In 2026, AWC announced a 8 billion Baht investment into Asiatique, including a new mixed-used development across the Chao Phraya River on Charoen Nakhon road in Khlong San district, the MONA Bangkok art museum, and a new cable car crossing the Chao Phraya River.

References

  1. ↑ Setboonsarng, Chayut (27 September 2019). "AWC raises $1.57 billion in Thailand's largest corporate listing". Reuters. Retrieved 17 January 2024.
  2. ↑ Gluckman, Ron (July 2021). "Thai Real Estate Giant Bets Big On Tourism Rebound With $3.2 Billion Growth Plan". Forbes Asia. Retrieved 17 January 2024.
  3. ↑ Team, |The Nation Editorial (2026-07-11). "AWC Plots 8 Billion Baht Master Plan Anchored by Chao Phraya Cable Car and Global IP Hub". nationthailand. Retrieved 2026-07-11.
  4. ↑ Shoowong, Molpasorn (2026-07-11). "Avatar attraction to anchor Asiatique renovation". Bangkok Post. Retrieved 2026-07-11.