Post by account_disabled on Dec 25, 2023 4:56:43 GMT
Lalin Property Public Company Limited (LALIN), a company that has been in the real estate development business for over 33 years, is a company with a strong financial position. and is only a few companies in Thailand which has never entered the negotiation process for debt restructuring with any financial institution Even in the past several economic crises Mr. Chaiyayan Chakrakul, Chairman of the Executive Board of Lalin Property Public Company Limited, revealed that the company was successful in offering bonds with a term of 1 year and 9 months, with a fixed interest rate of 3%, which were offered for sale through Three partner financial institutions that are distributors this time are Thai Military Bank Public Company Limited, CIMB Thai Bank Public Company Limited, and Phatra Securities Public Company Limited, with Bangkok Bank Public Company Limited representing the holders.
Debenture In this regard, the distribution of bonds this time There are both institutional and large investors. The interest in buying exceeded the sales target of 500 million baht, so he had to exercise his right to subscribe for the additional Email Marketing List reserve bonds that the company had reserved for an additional 25 million baht. The fact that the company's bonds had investors interested in them. Subscription came in full amount this time. It reflects investors' confidence in the company very well. As for the operating results in 2020, this is despite factors beyond our control such as the COVID-19 outbreak, which has had a broad impact on the economy around the world.
Including Thailand But the company still believes that it will be able to manage and performed as per the goals set at the beginning of the year The sales target is set at 6,200 million baht and the revenue recognition is 5,250 million baht, or an increase of approximately 14% from the previous year while still being able to manage various costs. Therefore, it is believed that the company will still maintain its ability. in sales and profits at a level better than the industry average continuously
Debenture In this regard, the distribution of bonds this time There are both institutional and large investors. The interest in buying exceeded the sales target of 500 million baht, so he had to exercise his right to subscribe for the additional Email Marketing List reserve bonds that the company had reserved for an additional 25 million baht. The fact that the company's bonds had investors interested in them. Subscription came in full amount this time. It reflects investors' confidence in the company very well. As for the operating results in 2020, this is despite factors beyond our control such as the COVID-19 outbreak, which has had a broad impact on the economy around the world.
Including Thailand But the company still believes that it will be able to manage and performed as per the goals set at the beginning of the year The sales target is set at 6,200 million baht and the revenue recognition is 5,250 million baht, or an increase of approximately 14% from the previous year while still being able to manage various costs. Therefore, it is believed that the company will still maintain its ability. in sales and profits at a level better than the industry average continuously