Business Overview
Rabbit Holdings Public Company Limited (“Rabbit Holdings”)
is a holding company that invests in real estate businesses alongside financial services.
The Company’s investments cover a range of property, including hospitality, real estate for rent, property sales, and property management. Alongside these ventures, the Company operates in the financial services sector, with businesses in life insurance, non-performing loan (NPL) and non-performing asset (NPA) management, fund management, and other related financial investments.
Financial Services Business
The company’s financial services operations are divided into two categories:
Insurance Business
Rabbit Life, a life insurance company, branded itself as a new-age insurance for the modern lifestyle. Rabbit Life aims to be the premier choice for consumers by offering exceptional customer service and tailored solutions to meet client’s diverse needs, with the philosophy ‘to listen’, ‘to learn’, and ‘to create’ the best solutions for our client’s diverse needs. It comes with a new vision “Think differently to improve your life with a life insurance that hedge your bets and provides simplified solutions”
Financial Investment Business
In 2021, Rabbit Holdings made strategic investments in Singer Thailand Public Company Limited and Jaymart Group Holdings Public Company Limited in order to capitalize on fintech capabilities and nationwide distribution channels.
24.9% shares in Singer Thailand Public Company Limited (“SINGER”), a leading hire-purchase player with more than 6,000 branches across Thailand.
9.9% in Jaymart Group Holdings Public Company Limited (“JMART”), a technology investment holding company.
SG Capital Public Company Limited (“SGC”) a wholly-owned subsidiary of Singer Company Thailand Public Company Limited (“SINGER”) engages in non-bank financial service business. Its core businesses include (1) Mobile phone hire-purchase loans (Lock Phone Loan), (2) Vehicle title loans under the “Rod Tum Ngern” program (including hire-purchase loans with vehicle registration book transfer and loans secured by vehicle registration books), (3) Hire-purchase loans for home and commercial appliances, as well as loans for purchasing goods and (4) Other loans, such as employee welfare loans (debt consolidation), and other related income, under the “SG Capital” trademark.
Real Estate Business
As part of its business strategy, Rabbit Holdings is in the process of divesting from its real estate operations in order to focus on its financial services ventures. Currently, the company’s real estate portfolio includes:
Hotel Business
The Company’s current owned and managed hotel portfolio consists of over 6,000 rooms across 10 countries operating mainly in Europe and Southeast Asia.
Read MoreRental Properties Segment
The Company operates 3 office buildings for rent, 1 located in England and 2 in Thailand. In addition, the Company has invested in commercial units within condominiums with more than 15,000 square meters of space available for rent throughout Bangkok and its vicinities. The total occupancy rate is 100%.
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Residential Property Business
The Company has developed The Residences 38, a 36-storey ultra-luxury mixed-use residential building comprising condominiums and serviced residences.
In addition, the Company has entered into a joint venture with Sansiri Public Company Limited (“SIRI”) to develop residential/condominium projects in Thailand, totaling over 2,700 units. Some notable condominium projects include KHUN by YOO, Base Saphanmai, the LINE Phahonyothin Park, and the LINE
Read MoreOthers
Aside from the Company’s office, commercial and residential businesses, Rabbit Holdings also has other property segments, which include an educational institution under Wycombe Abbey International School Bangkok, a mixed-use commercial building – the Unicorn, Phayathai, and upcoming construction of the lavish The Langham, Custom House, Bangkok.
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