4 April 2017: According to the Annual General Meeting of Shareholders for the year 2017, the Meeting passed a resolution approving the allotment of 13,500,000 new ordinary shares to support the right to exercise warrants which were issued and offered to directors, management and employees of the Company and its subsidiaries (ESOP Warrant: ORI WB).
12 July 2017: According to the Extraordinary General Meeting of the Shareholders No. 1/2017, the Meeting passed a resolution approving the Company's Acquisition of a total of 10,000,000 shares of Proud Residence Company Limited (Proud Residence) with a par value of 100 Baht per share, which accounted for 100 percent of Proud Residence's total shares from the previous shareholders. The total purchase price was 4,000,000,000 Baht which the Company purchased on October 2, 2017.
The Company issued 81,197,171 additional ordinary shares with a par value of 0.50 Baht per share and allotted 81,197,171 ordinary shares for private placement with a par value of 0.50 Baht per share as follows: Allotted 56,838,020 additional ordinary shares with a par value of 0.50 Baht per share to Mrs. Jaraspim Liptapallop at the price of 12.3157 Baht per share which totaled 700,000,002.91 Baht. Allotted 12,179,576 additional ordinary shares with a par value of 0.50 Baht per share to Mr. Thongchai Busarapan at the price of 12.3157 Baht per share which totaled 150,000.004.14 Baht. Allotted 12,179,575 additional ordinary shares with a par value of 0.50 Baht per share to Mrs. Noon Taweesri at the price of 12.3157 Baht per share which totaled 149,999,991.83 Baht.
29 July 2017: The Board of Directors' Meeting No. 8/2017,considered and approved the Company signing a joint venture agreement for a condominium development project with Nomura Real Estate Development Company Limited through 4 companies, namely Origin Prime 2 Company Limited, Origin Ramkamhaeng Company Limited, Origin Sphere Company Limited, and Origin Vertical Company Limited.
1 November 2017: According to the Extraordinary General Meeting of Shareholders No. 2/2017, the Meeting passed a resolution approving the Company's issuance of warrants for the purchase of the Company's ordinary shares for Company shareholders (ORI-W1) No. 1 totaling 406,574,337 units. They were allocated to Company shareholders according to the proportion of their shares or the Warrant Rights Offering at the same allotment ratio (par value of 0.50 Baht per share) 4 shares per 1 unit of warrants.
18 November 2017: The Company launched its first housing project called Britania Srinakarin Project which consisted of 149 units, under Origin House Company Limited. The value of the project is worth approximately 800.0 million Baht.
The Company signed the contract to bring the brand and chain of The Continental Hotel (IHG) under management in order to use the brand name of Staybridge Suites for the first time in Asia
The Company signed a Joint Venture Agreement with Nomura Real Estate Development Company Limited which is a major partner in Origin's in housing development. This agreement was for developing Staybridge Suites, Bangkok Thonglor Hotel project in order to jointly develop projects and services that best meet the needs of the target group.
In the year 2017, the Company registered a subsidiary company to develop real estate projects for sale, rent and service business to support the future growth of the Corporation, namely, Origin Grand Company Limited ("Origin Grand"), Origin Prime 2 Company Limited ("Origin Prime 2") Origin Ramkamphaeng Company Limited ("Origin Ram kamhaeng"), Origin Kaset Society Company Limited ("Kaset Society"), Origin One Sukhumvit 24 Company Limited ("One Sukhumvit 24), Origin One Rayong Company Limited ("One Rayong"), Origin Capital 1 Company Limited ("Capital 1"), Origin Park T1 Company Limited ("Park T1") and Crown Residence Company Limited ("Crown Residence").
In 2017, the Company launched 8 new projects totaling 15,150.0 million Baht.