‘Singha Estate’ Closes Major Deal with ‘Dali Foods’, Signs a 75 Rai Land Purchase Agreement in ‘S Angthong’ Industrial Estate, Reinforcing Commitment to Quality and Sustainable Business Growth

Singha Estate Public Company Limited (SET: S) has signed a land purchase agreement for 75 rai in the ‘S Angthong’ industrial estate and infrastructure project with Dali Foods (Thailand) Co., Ltd., a global food product manufacturer and distributor with over 33 years of experience. This significant deal marks an important milestone in attracting foreign investment, highlighting the potential of S Angthong’s strategic location, infrastructure technology, utility systems, and clean energy solutions. The estate is positioned as a new strategic hub for industries focused on quality growth alongside social and environmental responsibility.

This notable signing ceremony was led by Chairath Sivapornpan, Chief Executive Officer of Singha Estate Public Company Limited, Komjohn Leepraphankul, Managing Director of S.IF. Company Limited, and  Adam Ma, Managing Director of Dali Foods Group Co., Ltd., who were the signatories to the agreement.

The ceremony at Sun Towers Building was witnessed by Chen Hailiang, Director of Public Relationship Dept of Dali Foods Group Co., Ltd., Pan Haiping, Deputy Manager of Dali Foods (Thailand) Co., Ltd., along with honored guests from the Industrial Estate Authority of Thailand namely Nalinee Kanchanamai, Deputy Governor, Rakcharin Thonghong, Director of Marketing and Customer Relations, as well as Pattareeya Sungdee, Director of Customer Relations Division.

Chairath Sivapornpan, Chief Executive Officer of Singha Estate Public Company Limited (‘S’), stated: “Singha Estate recognizes potential of Angthong as a new strategic province for Thailand’s industrial sector, with its crucial connection between the upper central region and Bangkok as well as its abundance of food raw materials and suitable workforce. We have developed the ‘S Angthong’ project to be a model eco-industrial estate for the country, supporting sustainable growth of modern industries under the ‘Eco Factory & Green Industry’ concept. The estate integrates high-quality infrastructure and comprehensive utilities emphasizing social and environmental responsibility, including three combined heat and power plants with 403 MW capacity along with our industrial water systems using Ultra Filtration technology to support future industrial growth. With the decision of the world-class food industry, ‘Dali Foods’, to invest in our estate, we are truly delighted to welcome them to S Angthong. Their investment decision validates the project’s potential and reflects confidence in Singha Estate’s ‘Entrusted and Value Enricher’ vision to create value for the national economy while driving Thailand’s industrial sector toward genuine quality and sustainability.”

“The growth of S Angthong Industrial Estate today is not just about expanding space but elevating standards for Thailand’s future industrial solutions. We have created a strategic area that perfectly integrates ‘logistics - technology - clean energy’ with smart infrastructure and comprehensive utilities to support sustainable business growth. This is not just an ‘industrial estate’, it is an ‘investment ecosystem’ that enables entrepreneurs to grow alongside social and environmental responsibility. Our axiom is similar to our partner Dali Foods which prioritizes ethical business practices. We are confident that S Angthong will serve as a strong foundation and key mechanism for enhancing Thailand’s long term industrial competitiveness.” Komjohn Leepraphankul, Managing Director of S.IF. Company Limited, added.

Adam Ma, Managing Director of Dali Foods Group Co., Ltd., concluded: “We are very pleased to expand our business operations and production base to Thailand at the S Angthong Industrial Estate. For Dali Foods, selecting a factory location is not just about location and infrastructure technology, but also about alignment in vision and shared concepts. We prioritize sustainable business operations by implementing environmentally friendly production innovations and technologies. We also focus on efficient energy use, waste reduction, and promotion of resource conservation. Furthermore, our operations adhere to business ethics and promotion of local employment, which aligns with S Angthong’s development approach that values business growth alongside social and environmental care. We believe this is the beginning of a stable and sustainable collaboration between our two organizations.”

This land purchase agreement between ‘Singha Estate’ and ‘Dali Foods’ reflects foreign investors’ confidence in the potential of the ‘S Angthong’ project and reinforces Singha Estate’s role as a developer of high-quality industrial estates and infrastructure. Singha Estate also continues to be driven by sustainability concepts and comprehensive social and environmental responsibility to strengthen Thailand’s industrial sector toward sustainable growth.