Asia Plus Group Holdings (ASP) is planning a 3-year business plan, targeting 10-15% growth per year through 4 strategies to drive the organization. Towards a comprehensive financial business
Said ‘Dr. Kongkiat Opaswongkarn’, Chairman of the Executive Board of Asia Plus Group Holdings Public Company Limited or ASP, that the company aims to grow at 10-15% per year in the business plan for 2024-2026.
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Through the main strategy to drive the organization in 3 years (2024 – 2026), there are 4 important pillars:
1) Product and Value focuses on developing products and services to have variety and provide value that creates the highest level of satisfaction.
2) Process and Customer Experience by bringing in technology and artificial intelligence (AI) to improve work and service efficiency. Continually focus on creating a good customer experience
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3) Brand Value and Perception: Focus on building a brand that stands out and is acceptable, especially adapting the company’s image to be modern and suitable for target customers, especially large investors (High Net Worth).
4) People and Innovation: Developing the potential of personnel by focusing on developing knowledge in financial products. Customer understanding and digital knowledge, including data literacy (the ability to use information available in the company to benefit)
for a Diversification strategy, which Asia Plus has been doing continuously for many years. We see the importance of diversifying our income across a wide range of products. This is a variable that indicates competitiveness and strong growth.
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This is reflected in the performance over the last few years. The company has a balanced revenue ratio and is consistently profitable. In 2024, we continue to target double digit growth in revenue and profit.
Currently, the ASP investment business has a total investment portfolio of more than 2,000 million baht, divided into approximately 1,000-1,500 million baht in equity and debt instruments and approximately 400 million baht in non-related businesses the market.
In addition, prepare to invest directly in companies outside the stock exchange (Private Equity) and various startups of about 400 million baht.
The operating direction and strong growth goals for all businesses of the Asia Plus Group are as follows:
1.Investment business (Asia Plus Group Holdings Public Company Limited) sets the strategy of Increasing Investment Capacity as something very important to the company. Both in terms of expanding the company’s investments to get the best returns.
The company has a policy of investing in equity instruments, debt instruments, derivative instruments, unit trusts worldwide, including investing in private stocks and start-ups.
2.Securities business (Securities Asia Plus) promotes the Wealth Management business as leading growth in the short and long term. Building on the company’s experience in the Wealth management business for more than 17 years.
who has continuously accumulated and learned about the needs of large investors (High Net Worth) Willing to penetrate the mutual fund market to create a stable income base for the future.
3. An asset management business (Asset Plus Asset Management Co, Ltd.) plans strategies to focus on launching new investment products. which differs from the general market in funds which are diverse in each country and in popular industrial sectors
Most importantly, it provides product performance that is good for the best in the industry. It is considered the main goal of the mutual fund business. Currently, Asset Plus Asset Management funds are still receiving good response.
4.Business consulting (Asia Plus Consulting Co., Ltd.) is another important role of the company that participates in driving stable business growth for corporate clients, which includes fundraising in the form of Private Placement, Mergers and Acquisitions and Debt Restructuring For customers to succeed in line with their business goals
Although in 2024 the world economy still faces great uncertainty. Including the Thai economy, but set a clear strategy to drive the organization. He will push employees and companies in the Asia Plus group to move forward in a direction that can continuously strengthen the Wealth Management business.
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