Policy and Overall
Nirvana Daii Public Company Limited (NVD) is formerly known as Daii Group Public Company Limited (DAII).
The Company was established on 22 March 1994 with an initial registered capital of THB 5 million. Later, the Company was listed on the Market for Alternative Investment (MAI) on 23 July 2015 with the registered capital of THB 130 million and paid-up capital of THB 130 million.
On 17 December 2016, the Company has received the transfer of all shares of Nirvana Development Company Limited ("Nirvana") and the Entire Business Transfer of Nirvana by increasing the registered capital and paid-up capital from THB 130 million to THB 1,180.60 million.
As the Company’s securities were listed on the MAI since 23 July 2015 and afterwards the Company submitted a request to the Stock Exchange of Thailand (SET)
for an approval of listing NVD’s securities on the SET, the SET considered and had an opinion that NVD was fully qualified according to the SET’s regulations, Bor.Jor./Ror.01-00 Re: Listing of Ordinary Shares or Preferred Shares as Listed Securities, B.E.2558 (2015). Therefore, the SET has resolved to approve NVD’s securities in an amount of 1,380,599,978 shares with a par value of THB 1 per share, totaling of THB 1,380,599,978, to be traded on the SET and categorized into a property and construction industry, property development sector, by using the existing trading symbol, “NVD”, since 24 May 2018 onwards.
As of 31 December 2020, the Company currently operates a real estate development for sale, including a land development for sale, both inside and outside of land development projects, a development of residential real estate projects such as single homes, townhomes, home offices, and condominiums.
In addition, the Company also operates a home construction business to clients, both in the Company’s land development projects and clients’ land, as well as a joint development project with the land owners (Turnkey Solution), villas, dormitory, and gas station, together with the sales of construction materials manufactured by the Company, including precast fences, prefabricated pillars – beams - concrete slabs. Besides, the Company also started a construction and launched an opening of the Company's first Park and Ride building in Soi Choei Phuang, nearby MRT Chatuchak station and BTS Mo Chit station, in order to generate the Company’s recurring income, enabling the Company to be a fully-integrated residential real estate developer.
Policy and Objectives of
the Company’s operation
In 2020, the Company has objectives of the business operation as follows;
Objectives of the business operation :
Objectives of the administration :
The Company has a policy to operate businesses with transparency and good corporate governance by disclosing information in accordance with the appropriate guidelines to create the fairness and strengthen equality between all shareholders. In addition, the Company has provided the monitoring system operated by internal and external independent auditors to ensure that the administration and operation of the Company’s businesses are accurate and transparent.