American Appraisal (Thailand) Ltd.

In 1974 we set up American Appraisal (Thailand) Ltd. as the first independent and professional appraiser of real estate, machinery & equipment, and valuer of business operations. This is after several visits by Arthur Chanin of Asian Appraisal H.K.& Phillipines to TISCO. We brought in The Crown Property Bureau, Thai Farmers Bank and Siam Commercial Bank as shareholders hoping they would generate some appraisal business for the company. Now these three have sold out to American Appraisal Company USA who is the major shareholder. After 34 years the company continues profitably in its endeavours. while there are now over 40 registered appraisal companies with the SEC who compete for the limited business.
Above is Rod Vergara, the Managing Director since 1975 and still working hard, having lunch with me at the Oriental Hotel.