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[BUSINESS] · Thailand, Vietnam · 2 sources

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WHA Group maintains A- credit rating with stable outlook

TRIS Rating has affirmed the corporate credit rating of WHA Corporation Public Company Limited (WHA Group) at “A-” with a “Stable” outlook. This rating reflects the company’s strong financial structure, efficient liquidity management, and steady revenue growth across its five core business sectors: logistics, industrial development, utilities and power, digital, and mobility.

Jareeporn Jarukornsakul, Chairperson and Group CEO, stated that the rating confirms market and financial institution confidence in the company’s business potential and financial discipline. The group aims to leverage the trend of manufacturing relocation to the ASEAN region to drive future growth.

WHA Group is expanding its footprint in Thailand, particularly in the Eastern Economic Corridor (EEC), and in Vietnam. Key growth areas include high-quality warehouse rentals for S-Curve industries, attracting foreign direct investment for data centers, electronics, and automotive sectors, and developing comprehensive water management solutions.

Entities

Jareeporn Jarukornsakul · TRIS Rating · Thailand · Vietnam · WHA Group