Our History
Rhom Bho Property is a property developer and was established with an expectation to offer simple, peaceful and cozy residences. Designing and building its property to be closed to the nature and sustainable living.
2023
- April 2023 opens for reservations for The Halo1 part 2 project, 3 buildings, 161 rooms.
- July 2023
- On July 12, 2023, 39 Estate Company Limited, a subsidiary of Essence Public Company Limited (“ASW”) purchased common shares from the Company's major shareholder. Number of 417,169,500 shares representing 57.79 percent.
- Notification of acknowledgment of the tender offer for securities of 39 Estate Company Limited, a subsidiary of Essence Public Company Limited ("ASW"), in the amount of 2.50 baht/share, which is not a revocation.
- Change the shareholding structure of major shareholders.
- Notification of receipt of announcement of intent to acquire securities for business takeover (Form 247-3) from 39 Estate Company Limited, a subsidiary of Essence Public Company Limited (“ASW”). The amount is 2.50 baht/share, which is not a delisting.
- September 2023
- Notification of receipt of a copy of report on the results of the securities tender offer (Form 256-2) from 39 Estate Company Limited, a subsidiary of Essence Public Company Limited (“ASW”). Number of securities after the tender offer. Offer to purchase 488,073,718 shares, representing 67.61 percent
- November 2023
- The Title Legendary Bang Tao project is now open for sale.
- The company board meeting on November 7, 2566, passed a resolution regarding the execution of transactions involving assets and related transactions in connection with the acquisition of common shares in Botanica Grand Avenue Company Limited, including transactions related to the transfer of rights and claims.
- Title Hotel Naiyang Co., Ltd. has been established with a registered capital of 1 million baht, with the company holding 99.97 percent of the shares. The primary objective is to engage in the development of real estate properties, specifically in the hotel industry.
- The Esquire Co.,Ltd.has been established with a registered capital of 1 million baht, with the company holding 99.97 percent of the shares. The primary business objective is to engage in corporate legal management for condominiums.
- December
- Report on the opinion of the independent financial advisor regarding the acquisition of assets and connected transactions of the company.
- The Extraordinary General Meeting of Shareholders No. 1/2023 on December 25, 2023 resolved to approve the following important matters:
- Approval has been obtained for the execution of transactions involving common shares of Botanica Grand Avenue Company Limited.
- Approval has been granted for the execution of related transactions involving the transfer of rights and claims from Sinnergy Estate Company Limited, a related party of the company.
- Approval has been granted for the increase in registered capital of the company from the previous amount of 360,948,746.50 baht to a new registered capital of 415,091,058 baht.
- Approval has been granted for the allocation of additional shares in the company amounting to 108,284,623 shares, to accommodate the general mandate for capital increase, with the intention of offering these shares for sale to existing shareholders in proportion to their shareholding (Rights Offering).
- Approval has been granted for the business separation policy to prevent conflicts of interest.
- Approval has been granted for the proposal to issue convertible debentures with a maximum limit of 500 million baht.
2022
- The company moved the Bangkok office. Formerly located at 53 Ladprao Road, Lad Phrao District, Bangkok to 444-444/1 Pracha Uthit Road, Huai Khwang District, Bangkok on January 6, 2022.
- Termination of the management contract by Best Western Inc for The Title Phase 5 project in the Investment Area due to the country's economic conditions during this period. The Company cannot operate in a condotel form.
- The Board of Directors' meeting of the Company on 9 November 2022 resolved to reduce the registered capital from the registered capital. due to the expiration of the period to sell the repurchased shares By writing off 3,728,000 shares of repurchased and unsold shares at a par value of 0.50 baht per share, reducing the registered capital of 725,625,493 shares from the registered capital. 362,812,748.50 baht, new registered capital 721,897.493 shares, registered capital 360,948,746.50 baht
- Launched The Title Halo project, a 7-storey condominium project located in Nai Yang Beach, Phuket. By opening reservations in November 2022, Part 1, 3 buildings, 168 rooms, and Part 2, 3 buildings, 161 rooms by 2023.
2021
- With the 2021 annual general meeting of shareholders of the company held on 29th April 2021, a resolution was passed regarding the registration of the company's registered capital reduction. Increase registered capital as follows.
- Reducing the registered capital in the amount of 43.50 baht from 362,812,790 baht to a new registered capital 329,999,264 baht. A new registered capital 362,812,748.50 baht.
2020
- The 2020 annual general meeting of shareholders resolved to pay dividends in the amount of 65,627,052 ordinary shares (with a par value of 0.50 baht per share), representing a dividend payment of 0.05 baht per share. In the event that the ordinary shares arising from dividends are calculated as fractions of shares, the company will pay dividends in the amount of 32,813,526 baht. The remaining shares of the cash to shareholders at the rate of baht 0.05 per share cash dividend per share 0.0055555556 baht. The dividend payment date was on May 22th,2020.
- With the 2020 annual general meeting of shareholders of the company held on 29th April 2020, a resolution was passed regarding the registration of the company's registered capital reduction. Increase registered capital as follows.
- Reducing the registered capital in the amount of 15.50 baht from 329,999,279.50 baht to a new registered capital 329,999,264 baht.
- Increased the registered capital of 32,813,526 baht from the original registered capital of 329,999,264 baht is the registered capital of 362,812,790 baht to support the stock dividend payment.
2019
- The 2019 Annual General Meeting of Shareholders resolved to pay dividends in the amount of 219,999,520 ordinary shares (with a par value of 0.50 baht per share), representing a dividend payment of 0.25 baht per share. In the event that the ordinary shares arising from dividends are calculated as fractions of shares, the Company will pay dividends in the amount of 109,999,760 baht. The remaining shares of the cash to shareholders at the rate of Baht 0.25 per share Cash dividend per share 0.277777778 baht. The dividend payment date was on May 24th,2019.
- With the 2019 Annual General Meeting of the shareholders of the company held on 29th April 2019, a resolution was passed regarding the registration of the company's registered capital reduction. Increase registered capital as follows.
- Reducing the registered capital in the amount of 480.50 baht from 220,000,000 baht to a new registered capital. 219,999,519.50 baht.
- Increased the registered capital of 109,999,760 baht from the original registered capital of 219,999,519.50 baht is the registered capital of 329,999,279.50 baht to support the stock dividend payment.
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The Board of Directors Meeting No. 3/2019, held on May 17th, 2019, has approved the share repurchase program for financial management purposes. The maximum limit of repurchasing shares is 99,000,000 baht. Specify the number of repurchased shares of 15,000,000 shares from the par value of 0.50 baht per share, equivalent to 3.41 percent of all already shares sold. By purchasing on the Stock Exchange of Thailand and the period for repurchasing shares from 31st May 2019 to 30th November 2019.
From which the company registered number of additional shares sold supported the stock dividend payment already on May 24th, 2019, made the ratio of repurchased shares change to 2.27 percent of the already shares sold.
2018
- Phase 2 of The Title Residencies (Naiyang - Phuket) development has been officially launched. The project consists of four 7-storey buildings with a total of 220 units. It is worth approximately 798 million Baht and is located at Naiyang Beach, Thepkasattri-Naiyang Road, Soi Bangmalao, 2/2 M.5, Tumbon Sakoo, Amphur Muagn Phuket, Phuket.
- Best Western Hotels & Resorts has signed a landmark agreement, committing to introduce their prestigious BW Premier Collection by Best Western Inc. on October 5th, 2018.
- The Title V (Rawai Phuket) is a condominium style condotel consisting of five 4-storey buildings with a total of 228 units. It is valued at approximately 1,011 million Baht.
- Rhombho Property PCL. has purchased land for future development around Naiyang Beach 3.2.9.3 Rai and Bang Tao Beach 35.0.4.7 Rai.
2016-2017
Officially launched “The TiTle Nai Yang Residencies”
April
"The Title Residencies (Naiyang-Phuket)" Phase 1 was officially launched - the project consists of three 7-storey buildings with a total of 254 units. It's worth approximately 599 Million Baht and located on Naiyang beach, Thepkasattri-Naiyang Road, Soi Bangmalao, M.5, Tumbon Sakoo, Amphur Muang Phuket, Phuket
May
established its first branch in Phuket, located at 469 Moo 6 Tumbon Rawai, Amphur Muang Phuket, Phuket
August
increased its registered capital for the 3rd time, from 70 Million Baht to 140 Million Baht by offering new shares to existing shareholders, in order to finance the construction and development for the company's future projects
October
at The Extraordinary General Meeting of Shareholders No. 2/2559 held on October 3, 2016 a resolution was passed to transform the company into a public limited company and increase its registered capital. The company has changed its par value from 100 Baht per share to 0.50 Baht per share and increased its registered capital from 140 Million Baht to 200 Million Baht with the issuance and offering of 120 Million shares (par Bt 0.50) and Rhombho Property PCL. registered with the Thailand Securities Depository Co. On October 2nd , 2017.
November
Rhombho Property PCL. first traded on the Stock Exchange of Thailand on November 2nd , 2017.
2015
Second time company increased its registered capital
May
Increased its registered capital from 5 Million to 70 Million Baht
August
moved Head Office to 53 Sukontasawat Road, Lat Phrao, Bangkok
2012
Mr. Dendanai’s Bought the share from Ms. Sirirat’s
February
Mr. Dendanai Hutajuta and his associates purchased the company shares from Ms. Sirirat, the orignal sharholder, as appeared on the joint venture agreement made in 2007
July
Officially launched The Title Rawai Phase 2, which consists of three 4-storey buildings with 120 units in total and a total value of 452 Million Baht
August
Increased its registered capital from 1 Million Baht to 5 Million Baht by offering new shares to existing shareholders, in order to finance the construction and development for the company's future projects
October
"The Title Rawai Phase 3" was officially launched - the project consists of seven 4-storey buildings and a total of 240 units. It's worth approximately 1,118 Million Baht and located on the beach front of Rawai beach, Tumbon Rawai, Amphur Muang Phuket, Phuket, alongside with the Title Phase 1 and The Title Phase 2
2011
“The Title Rawai” Phase 1 was officially
September
"The Title Rawai" Phase 1 the project consists of four 4-storey buildings with a total of 160 units. It's worth approximately 494 Million Baht and located on Rawai Beach, Tumbon Rawai, Amphur Muang Phuket, Phuket
October
moved the company's headquarters to 39/133, Prachautid 91 Road, Kwang Tungkru, Khet Tungkru, Bangkok
2010
Moved Head Quatrers
November
Moved the company's headquarters to 61 Sukontasawat Road, Kwang Ladprao, Khet Ladprao, Bangkok
2007
Mr. Dendanai's group joined the team
February
Mr. Dendanai Hutajuta and a group of his associates with knowledge and experience in real estate business, recognized the potential on land development then made an agreement to acquire the company shares from Ms. Sirirat Saravidi, a former shareholder. The main objective is to develop the land on Rawai beach into real estate, under the terms appeared on the joint venture agreement with the company's existing sharholders, to gradually pay for the shares when the property can be sold on the land
December
changed the company name to "Rhom Bho Property" and changed the company's purpose to Real Estate Development
