Siamese Asset brings in 2 tranches of debentures worth 1.2 billion baht, opening legs between 11,14-15 Feb. to use money for expansion.
Siamese Asset Public Company Limited or SA announced that the company has issued 2 tranches of debentures with an amount not exceeding 1.2 billion baht, divided into debentures with a yield of 6.25%, maturity of 2 years and 6 months, with collateral, paying interest every 3 months and debentures. Return 6.8%, age 2 years, no collateral. Pay interest every 3 months, open for sale between 11 and 14 – 15 Feb.
For this issuance of debentures To bring money to expand in various businesses such as Recurring Income, F&B, Cloud Kitchen, AMC, Technology, Wellness, developing various low-rise projects and some use the money to redeem the debentures before maturity By this new business will generate income for sustainable growth. It will also make the distribution of sources of income. Meet long-term business plans
In addition to SA being the leader in the development of condominium projects in the form of Branded Residences, there are world-class hotel chains to manage and differentiate them from general condos such as Wyndham, Ramada, Banyan Tree, and others that are in the process of being signed. already On the other hand, Mr. Kachonsit, CEO and major shareholder He is also a co-founder of Ritta Co., Ltd., a major Thai company for more than 30 years, making SA itself specializing in project construction.
