History

Ananda Development Public Company Limited was founded in 1999 by Chanond Ruangkritya.

History

Ananda Development Public Company Limited was founded in 1999 by Chanond Ruangkritya.

Ananda has continued to develop its brands and its unique Urban Living Solutions, resulting in it becoming the leading developer of residential projects in close proximity to mass transit stations in Bangkok. Ananda achieved this success through its branded products such as "IDEO", first launched in 2007 and "IDEO MOBI" first launched in the first quarter of 2012. Its stylish, modern and high quality, yet affordable products have led to Ananda becoming one of the best known property development brands in Bangkok.

Company Milestones

1999

2006

2007

2008

2009

2010

2012

2013

2014

2015

2016

2017

2018

Jul 1999

Established on July 29, 1999

Established on July 29, 1999. The company engages in the real estate business of landed housing projects.

Jun 2006

Started ADO

Started ADO, joint venture company with Pramerica Financial in order to develop landed housing projects around Suvarnabhumi Airport

Dec 2007

Ideo Q Phayathai project

Launched the sale of condominium units in the Ideo Q Phayathai project

Nov 2007

Ideo Mix Sukhumvit 103 project

Launched the sale of condominium units in the Ideo Mix Sukhumvit 103 project

Oct 2007

Launched the sale of condominium units in 3 different condominium project

Launched the sale of condominium units in 3 different condominum project, namely, Ideo Ladprao 5, Ideo Mix Phaholyothin and Ideo Sathorn-Taksin

Jul 2007

Launched Ideo Ladprao 17

Launched Ideo Ladprao 17, the sale of condominium units in the first condominium project

Jun 2007

Started AD2

Started AD2, a joint venture company with Pramerica Financial to develop condomimiums close to mass transit stations

Nov 2008

Ideo Verve Ratchaprarop project

Launched the sale of condominium units in the Ideo Verve Ratchaprarop project

Sep 2008

Ideo Verve Sukhumvit project

Launched the sale of condominium units in the Ideo Verve Sukhumvit project

Jul 2008

Ideo BluCove Sathorn project

Launched the sale of condominium units in the Ideo BluCove Sathorn project

Feb 2008

Ideo Ratchada-Huaykwang project

Launched the sale of condominium units in the Ideo Ratchada-Huaykwang project

Feb 2009

Ideo Morph 38 project

Launched the sale of condominium units in the Ideo Morph 38 project

Nov 2010

Stake in AD2

Acquired the remaining stake in AD2 from Pramerica.

Feb 2010

Ideo BluCove Sukhumvit project

Launched the sale of condominium units in the Ideo BluCove Sukhumvit project

Dec 2012

IPO with raising funds thb 5.6 billion

Issued 1,333,000,000 shares with the par value of Baht 0.10 per share to be allocated for the IPO with raising funds thb 5.6 billion

Feb 2012

4 new condominium projects under the name "Ideo Mobi"

Launched the sale of condominium units in 4 new condominium projects under the name "Ideo Mobi" Ideo Mobi Sathorn, Ideo Mobi Phayathai, Ideo Mobi Sukhumvit and Ideo Mobi Rama 9

Oct 2013

Ideo Q Ratchathewi project

Launched the sale of condominium units in the Ideo Q Ratchathewi project

Oct 2013

Ideo Q Chula-Samyan project

Launched the sale of condominium units in the Ideo Q Chula - Samyan project

Oct 2013

Ideo Mobi Charan-Interchange project

Launched the sale of condominium units in the Ideo Mobi Charan - Interchange project

Aug 2013

Elio Delray project

Launched the sale of condominium units in the Elio Delray project

Aug 2013

Ideo Wuthakat project

Launched the sale of condominium units in the Ideo Wuthakat project

Jul 2013

Ideo Sathorn-Tha Phra project

Launched the sale of condominium units in the Ideo Sathorn-Tha Phra project

Jun 2013

Started Ananda MF Asia, a joint venture company with Mitsui Fudosan

Started Ananda MF Asia, a joint venture company with Mitsui Fudosan in order to develop condomiums close to mass transit stations The Joint Venture Company has built larger project that ANANDA made. Mitsui Fudosan is the largest real estate development company by revenue in Japan which earned excess of usd 14,000 mil in 2012.