Witoon Suriyawanakul to speak at the Buriram Global House Store Grand Opening March 28

Mr. Witoon Suriyawanakul is scheduled to speak Saturday Morning March 28 at the new Buriram Global House Store Grand Opening Sale.  Please read the article in Forbes Asia Magazine on this successful Business Man.

http://www.forbes.com/sites/suzynam/2013/07/03/thailands-richest-newcomer-is-a-retailer-who-made-his-fortune-in-nations-poorest-area/

below from the Forbes Asia magazine article:

Thailand's Richest Newcomer Is A Retailer Who Made His Fortune In Nation's Poorest Area

This story appears in the July 2013 issue of Forbes Asia.

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Thailand's richest newcomer is Witoon Suriyawanaku

With his Siam Global House headquartered in Thailand’s northeastern city of Roi Et (pop. circa 40,000), Witoon Suriyawanakul, 55, has made a fortune in a place few others have. There are some who, like him, hail from the nation’s northeast region, but most moved to Bangkok to strike it rich.

The son of mom-and-pop shopkeepers, Witoon grew up in a humble house in the city, studied civil engineering in nearby Khon Kaen and then got work as a contractor, always staying close to home. After a few years he earned enough money to open his first store in his hometown, a cramped little shop filled with building supplies. Eventually, after a trip to Home Depot HD +1.33% and Lowe’s in the U.S., he began opening similar superstores called Siam Global House throughout the northeast. Isan, as the region is called, is the country’s poorest area and home to a third of Thailand’s population. Despite its relative poverty, Isan’s economy is booming, growing at double the pace of Bangkok over the past five years. The average household saw its income rise 40% between 2007 and 2011, a bigger jump than any other part of Thailand.

Siam Global’s hangar-size stores, of which he has 23 so far, cater to small contractors and do-it-yourselfers, who are using their increased purchasing power to upgrade their living quarters. Their shopping trips have pushed up sales and generated investor interest. Siam Cement , Thailand’s largest conglomerate by market cap, bought a third of Siam Global last year; Witoon pocketed $190 million. Its shares rose 129% in the past year and are up more than eightfold since its 2009 listing, enough to make him the year’s richest newcomer, with a net worth of $700 million.

There are plenty of signs that Isan’s quiet boom will continue, thanks in part to a minimum wage hike that went into effect in January plus generous farm subsidies . Another telling sign is the fact that other Thai tycoons are increasing their investments in the region. Prateep Tangmatitham’s (No. 47) Bangkok development outfit Supalai has plans for a housing development in the northeast province of Udon Thani, as does Anant Asavabhokin’s (No. 18) Land & Houses. TheChirathivat family‘s (No. 2) Central Group, also Bangkok-based, which already has two shopping malls in Isan, opened a $90 million project in another of Isan’s cities, Ubon Ratchathani, in April.

Buriram Global House Store Grand Opening Schedule and VIP Guests

The C.E.O. of Global House, Mr. Witoon Suriyawanakul, will give a speech to welcome V.I.P. Guests and normal Buriram customers on Saturday March 28 at the Grand Opening Sale held at the new Buriram Global House Store.

The Thai owned chain Siam Global House Co.,Ltd that is based on the concept of a Do It Yourself and contractor supply house similar to Lowes in the United States.  It is a large warehouse store where you can find just about anything you would need to do a build or remodel a home in Buriram.  You see a few construction contractors getting their stuff from them.  Their prices for the home owner are as good or better than you can typically obtain at the Buriram HomePro, Buriram Thai Watsadu, Buriram Home Mart, Buriram Home Mega mart but for large developers and home building contractors they often get better prices from other smaller builders merchants shops. Global House has contracts with lots of suppliers so sometimes, if they do not have what you desire, but if it is available in Thailand they will custom order it with a 50 % deposit.

A big advantage of the Buriram Global House is the stock of imported Chinese made small appliances, Patio Furniture, Small Swimming Pools, Electric Chain Hoists, Concrete Vibrators, garden hand tools, water sprinklers than other builders merchants do not stock in such depth in Buriram province. 

With the new Buriram Global House Store covering an area of over 13,000 square meters under one roof, they offer  customers a wide selection of product items. There are nearly one million items in stock under the roof of the beautiful new Buriram Global House Store. 

Global House Store in Buriram will open March 28

The new Buriram Global House Store will open on March 28, 2015. The Grand Opening Sale of Global House will feature special low prices in all departments of this beautiful store.

Buriram Global House opens on March 28, 2015.

The Buriram Global House Store will feature fantastic displays of both domestic and imported kitchen furniture and kitchen appliances.

A premium brand of sanitary ware displayed and available in stock and by special order is Lixil American Standard. With sanitary ware plants in Thailand and China, American Standard offers a wide choice of toilets and sinks. American Standard provides actual customer service one day a month in Buriram for owners of American Standard faucets, toilets, sinks, taps and bathtubs by American Standard repairmen who drive from Bangkok. Global House has a reputation of competetive prices with Homepro, Home Works and Thai Watsadu. It will be easy to compare American Stardard prices in Buriram at Global House, Buriram HomePro, I.Q. House and Thai Watsadu. 

The amazing selection of made in China and made in Thailand Gypsum board, plywood, PVC, floor tiles, and electric cable will soon fill this vast space in the new beautiful Buriram Global House Store. 

No expense was spared to make the Buriram Global House store a beautiful and safe retail store. 

The Buriram Global House Store is the largest retail store in Buriram province under one roof. The Buriram Global House store is larger than the Surin Global House Store.