Britania Public Company Limited has announced that the company will kick off its first trading day in the Thai stock market on December 21, 2021, with a stock symbol “BRI” after an overwhelming feedback from its IPO selling on 7-9 December and 13-15 December, especially institutional investors that made an oversubscription for more than 10 folds.
BRI is a spin-off company from Origin Property Public Company Limited (SET: ORI), operated as a property development which focuses on horizontal residential property, which includes but is not limited to detached houses, semidetached houses, townhomes, townhouses, and other similar properties. At present, BRI engages the detached houses development business under 4 brands: (i) “Belgravia”, luxury detached houses; (ii) “Grand Britania”, detached and semi-detached houses; (iii) “Britania”, detached houses, semi-detached houses, and townhomes; and, (iv) “Brighton”, detached houses, semi-detached houses, and townhomes. As at the end of the first quarter of 2021, BRI had 15 finished projects that are in process of sales and transfer of ownership, the value of which totaled at approximately THB 19,500 million.
