MBK Public Company Limited

Wichak Phraditwanit, Chief Executive Officer and Managing Director of MBK Public Company Limited, or MBK, disclosed that the operating performance trend for the third quarter of 2026 for the MBK group remains positive, driven by a recovery in tourist numbers, which is supporting customer traffic at its shopping centres and the performance of its City Hotel business. In the first half of 2026, MBK recorded net profit attributable to shareholders of the parent company of 2.563 billion baht, up about 19% from the same period a year earlier, comprising first-quarter 2026 profit of 1.211 billion baht and second-quarter 2026 profit of 1.352 billion baht. For the shopping centre business, MBK Center had an occupancy rate of about 98% in the first half of 2026 and expects to maintain that level throughout the year, while rents can be gradually raised at lease renewal cycles by an average of about 3 to 5% per year. On the hotel side, although overall tourist numbers are trending toward a slowdown, the average room rate in the first half of 2026 has not yet been significantly affected. The occupancy rate in the second quarter of 2026 was partly affected by conflict in the Middle East, which disrupted travel by European and Middle Eastern tourists. In the second half of 2026, signs of recovery are beginning to emerge, especially for City Hotel properties, and the overall picture is expected to have a chance of returning to close to the second half of 2025. As for Resort Hotel properties in the South, although the third quarter of 2026 is the off-season for tourism, the fourth quarter of 2026 through the first quarter of 2027 is the tourism season, and with support from several international events and major festivals, this is expected to strongly support growth in the segment. As for Riverdale District, the company is in the process of developing the project as an ecosystem to enhance the potential and value of roughly 1,500 rai of land, as well as to increase opportunities to sell and lease land around the golf course. Development is expected to begin to be visible from late 2026, starting with the opening of a football pitch. Meanwhile, Invictus International School, which leases land from the company, is scheduled to begin operations in 2027. For the Finance business, operating results in 2026 remain at a good level, with the company focusing on controlling loan portfolio quality, while a joint venture to operate a motorcycle hire-purchase lending business is a growth driver that will play a greater role going forward. The Auction business is not yet a main growth driver this year, as the number of cars entering the auction yard is still slowing amid caution by financial institutions in extending auto loans and the effects of the Bank of Thailand's debt relief measures.

PRG Corporation Public Company Limited, part of MBK Public Company Limited, or MBK, has acquired a big lot of 125.66 million shares in Srivichai Vejvivat Public Company Limited, or VIH, representing 20.03%, from BBTV Equity Company Limited, the largest shareholder and a company of the Rattanarak family, owner of Channel 7HD, which has held VIH shares since 2014. Two days earlier, VIH shares jumped 10.71% to close at 9.30 baht amid reports of the big lot. VIH operates four hospitals: Vichaiyut International Hospital Om Noi, Vichaiyut International Hospital Nong Khaem, Vichaiyut International Hospital Samut Sakhon, and Vichaiyut Hospital Fai Chai, along with Srivichai Vocational School, and has consistently profitable operations, paying dividends every year, with the latest dividend yield at 4.24%. The acquisition marks MBK's advance into the medical and health business. MBK has six core businesses: rice production and distribution, contract manufacturing, food courts, property and real estate development, logistics, and energy. Synergies are expected, from opening comprehensive health centers or specialized clinics in the group's shopping malls such as MBK Center, Paradise Park, and The Nine Center, to expanding medical tourism with group hotels such as Pathumwan Princess Hotel, and linking customer databases and loyalty programs across the group's businesses.

MBK Public Company Limited (MBK) has announced an interim cash dividend of 0.60 baht per share, approved by the company's board of directors on September 2, 2026. The dividend will be paid from the operating results for the period January 1 to June 30, 2026, and retained earnings. Shareholders will be marked ex-dividend (XD) on September 16, 2026, with the record date set for September 17, 2026. The dividend payment will be made on September 29, 2026. The company's shares have a par value of 1.00 baht each.

TAGTHAi, the national tourism platform, has launched TAGTHAi Easy Pay, a digital wallet for international tourists, in partnership with Kasikornbank, Siam Piwat Group, The Mall Group, and MBK Public Company Limited to offer special privileges when using the service. Tourists can exchange Thai baht, top up their digital wallet, and scan to pay via Thai QR Payment nationwide. This collaboration aims to boost the tourism economy and create a secure and convenient cashless payment ecosystem for international tourists. The privileges include a 300 baht discount on the purchase of the TAGTHAi Bangkok Pass or a free BTS One-Day Pass when spending reaches a certain amount at participating shopping centers, which will encourage tourist spending and generate income for Thai businesses.