FNS Holdings Public Company Limited
0.54
THB
-0.04
(-6.90%)
ISIN
TH0686010R14
Return %
Stock
S&P 500
1Y
-43.16
14.20
3Y
-82.58
81.12
5Y
-86.50
68.34
Capital Structure
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•
in mil. unless spec.Working Capital
THB
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in mil. unless spec.Growth Rates
THB
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in mil. unless spec.Quarterly Revenue
THB
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in mil. unless spec.Quarterly Earnings Per Share
THB
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in mil. unless spec.Quarterly Dividends Per Share
THB
•
in mil. unless spec.Company Description
- CEO
- Vorasit Pokachaiyapat
- Full Time Employees
- 470
- Sector
- Finance
- Industry
- Investment banks/Brokers
- Address
- 345 Surawong Building Bangkok BM Thailand 10500
- IPO Date
- Sep 25, 2002
- Website
- fnsplc.com
- Similar Companies
- Business
- FNS Holdings Public Company Limited (FNS.BK), an investment holding company founded in 1989 and headquartered at 345 Surawong Road, 6th Floor, Surawong Building, Suriyawong, Bangrak, Bangkok 10500, Thailand, invests in and provides finance and management advisory services through its subsidiaries and affiliates across health and wellness, real estate development and investment, warehouse and factory leasing, and direct investment segments. Core holdings include a 49.5% stake in MK Real Estate Development Plc., an SET-listed developer focused on warehouse development for lease via Prospect Development Co., Ltd., including a joint venture for an 88,000 sqm distribution center for Siam Makro Plc., and health and wellness operations under RX Wellness Co., Ltd., encompassing holistic healthcare centers such as RAKxa Bangkrachao and RXV Sampran; investments in Prospect Logistics and Industrial Freehold and Leasehold REIT with total assets of approximately Bt5,500 million; a 50% interest in BFTZ Wangnoi Co., Ltd., developer of an 88,000 sqm distribution center for CP Axtra PCL; and direct investments like Kanom Café Company Limited, operator of a bakery and restaurant chain, and Finansa Fund Management Ltd., managing private equity including NEO Corporate Plc. The company operates primarily in Thailand, targeting real estate developers, REITs, logistics firms, consumer goods companies, and wellness customers. In recent developments, FNS increased its stake in MK Real Estate from 31.51% to 49.5% in August 2023 via a THB 772.1 million rights issue, triggering full consolidation and a one-off gain of THB 674 million; executed a group restructuring in 2024 under which it acquired RX Wellness operations and assets from MK in exchange for transferring warehouse interests including Prospect REIT units and BFTZ Wangnoi, optimizing asset allocation and shifting FNS toward asset-light wellness focus amid expected short-term losses but long-term growth potential; facilitated Prospect Development's sales of Bt1.9 billion in assets to Prospect REIT in Q1 2023 and planned c.140,000 sqm warehousing sale in Q4 2024; and completed partial divestment of NEO Corporate via its March 2024 SET IPO, generating over THB 1.0 billion in cash with remaining shares sold in the secondary market, while reporting 2024 consolidated revenues from business operations of Bt113.9 million and total income of Bt305.0 million. Formerly Finansa Public Company Limited, it changed its name to FNS Holdings Plc in May 2022 following divestitures of securities subsidiaries.