Message from Chairman

The year 2025 marked a significant milestone, proving the successful recovery of Rabbit Holdings Public Company Limited amidst global economic challenges

The year 2025 marked a significant milestone, proving the successful recovery of Rabbit Holdings Public Company Limited. Amidst global economic challenges, political uncertainties, geopolitical conflicts, and capital market volatility, the Company maintained a prudent and cautious business approach. We have continuously evolved and refined our existing businesses to align with the rapidly changing global landscape, ultimately achieving a successful turnaround to a net profit.

For real estate business, our strategy remains focused on creating value from high-potential assets while continuously divesting non-productive assets. This divestment strategy aims to bolster liquidity, facilitate debt repayment, and ensure the Company is well-positioned with cash reserves for new and lucrative investment opportunities. Notably, the development of The Langham, Custom House, Bangkok is currently underway. This project involves the meticulous restoration of the "Rong Pasee Roi Chak Sam," a historic landmark with over 140 years of heritage, transforming it into a world-class 5-star luxury hotel on the banks of the Chao Phraya River. Scheduled to open in 4Q 2026, we envision this project becoming a premier landmark in Thailand and a cornerstone in strengthening our real estate business.

The financial services business has demonstrated significant positive improvement, particularly in our life insurance business under Rabbit Life Insurance Public Company Limited. We have seen marked improvements in both total gross premiums and capital management, driven by enhancing the quality of insurance agents to better reach target customer segments, as well as strengthening strategic synergy with BTS Group. Additionally, Prime Zone Asset Management Company Limited (“Prime Zone”) has elevated its business potential through a strategic partnership with a leading asset management company. By leveraging Prime Zone’s expertise in selecting and renovating distressed residential assets for comprehensive sales management. This collaboration will significantly strengthen Prime Zone’s portfolio.

Furthermore, the Company continues to prioritise good corporate governance and the management of environmental and social impacts through various activities and projects. These initiatives serve as a testament to the Company’s commitment to conducting business alongside sustainable development, aiming to achieve stable growth in tandem with Thai society.

Lastly, on behalf of the Board of Directors, I would like to express my sincere gratitude to our shareholders, business partners, customers, and employees for your unwavering trust and support. We remain committed to driving the Company forward with prudence and integrity to ensure sustainable and stable returns for all stakeholders.