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.[1][2]
References
- Chayut Setboonsarng. AWC raises $1.57 billion in Thailand's largest corporate listing Reuters, 27 September 2019, retrieved 17 January 2024^
- Ron Gluckman. Thai Real Estate Giant Bets Big On Tourism Rebound With $3.2 Billion Growth Plan Forbes Asia, July 2021, retrieved 17 January 2024^