Ms. Jareeporn Jarukornsakul, Chief Executive Officer of WHA Corporation Public Company Limited, or WHA, disclosed that the operating performance trend for the fourth quarter of 2026 is expected to be the best quarter of the year, driven mainly by revenue recognition from land transfers, which normally cluster in the final quarter of the year. The company has an additional positive factor from the sale of assets into the WHA Premium Growth Real Estate Investment Trust and Leasehold Trust, or WHART, comprising the WGCL IDC distribution center in the strategic EEC location of Map Ta Phut district, Rayong province, with a value of more than 2.5 billion baht. The ninth capital increase unit subscription for the trust closed successfully in early October 2026, with subscriptions exceeding the number of units offered, and WHA is currently in the process of transferring the asset into the trust. Regarding the Data Center regulations that the Ministry of Interior is preparing to issue as a ministerial regulation, expected to take effect around June 2027, the company has no concerns and does not view it as an obstacle to investment decisions, but places importance on details and guidelines that must be clear. Meanwhile, the Cabinet has acknowledged the establishment of eight special economic promotion zones, which WHA views as a positive factor for the overall Thai industrial estate sector, helping to increase space to accommodate investment, stimulate demand for land, and support the inflow of FDI investment funds.
WHA Corporation Public Company LimitedQ4 2026 expected to be the year's best quarter, driven by land-transfer revenue and over 2.5 billion baht in asset sales into WHART.
