Advanced Connection Corporation Public Company Limited (ACC.BK)
Advanced Connection Corporation Public Company Limited operates in the Conglomerates industry of the Industrials sector, headquartered in Bangkok, BM, TH. The stock last traded at $0.30, down 3.23% on the session, giving a market capitalisation of $564.1M. Its beta of 0.72 implies it has historically moved less than the broad market.
Based in Bangkok, Thailand, Advanced Connection Corporation Public Company Limited (ACC) and its various subsidiaries are engaged in a diverse array of sectors, predominantly focusing on infrastructure, financial services, and the burgeoning cannabis industry. Its infrastructure segment encompasses the development and operation of solar rooftop and farm installations, comprehensive construction contracting services, and the generation of electricity from solar power. Beyond this, ACC has interests in real estate, covering property development and rental, as well as the hospitality sector through its banquet and restaurant operations. In the financial domain, the company offers an array of services including consignment, management of non-performing loans, financing solutions, and factoring. Moreover, ACC holds a significant stake in the cannabis market, participating in its full lifecycle from research and development to cultivation, processing, import, export, and distribution. This vertical integration is complemented by the development of e-commerce platforms for online marketing, in addition to general trading activities. A further diversification of its portfolio includes the manufacturing and distribution of ceiling fans. Established in 1987, the company underwent a name change in November 2015, transitioning from its former identity as Compass East Industry (Thailand) Public Company Limited to its current moniker, Advanced Connection Corporation Public Company Limited.
Advanced Connection Corporation Public Company Limited is most often compared with the following Industrials names: