Plans to bolster business expansion efforts, poised for 2024 Turnaround
RML (Raimon Land Public Company Limited), Thailand’s leading luxury and ultra-luxury real estate developer, has announced a capital increase of 3,588 million baht from the current 4,172 million baht, bringing the total to 7,760 million baht. Additionally, the company will issue warrants and seek shareholder approval on March 22, 2024, to support sustainable growth, aiming for a turnaround and continuous profit enhancement.
Mr. Korn Narongdej, Chief Executive Officer of RML, revealed that on February 7, 2024, the company’s Board of Directors Meeting No. 1/2024 and on February 9, 2024, the…