RML or Raimon Land Public Company Limited has confirmed its readiness to fulfill bond repayments due in January 2025, totaling THB 523.4 million. The company will settle Bond Series 1/2022, Tranche 3, valued at THB 206.9 million, on January 15, 2025. Additionally, two other bonds-Series 1/2024, Tranches 1 and 3-amounting to THB 316.5 million, will be repaid in full on January 22, 2025. RML also announced its plan to launch new projects in 2025, in line with its robust cash flow management and growth strategy.
Mr. Sorrapong Mamuang, Chief Financial Officer of RML, said "We have ensured full liquidity to meet the January 2025 bond repayment obligations, amounting to THB 523.4 million. Throughout our history, RML has consistently maintained financial discipline and has never defaulted on principal or interest payments. This underscores our effective liquidity management and strong financial foundation. Funds raised from previous bond issuances have been utilized efficiently and strategically, strengthening our financial position and supporting the development of new projects aligned with RML's growth strategy. We sincerely thank our investors for their continued trust and confidence in our vision and management."
In 2025, RML will continue to execute its strategic business plan by introducing new projects in the ultra-luxury segment, both in Bangkok and key provincial cities. These projects aim to address the growing demand among High Net Worth Individuals (HNWI) seeking properties that cater to both lifestyle and long-term investment needs. The company remains committed to sustainable growth, enhancing value for shareholders and clients alike, while adhering to disciplined cash flow management to ensure financial stability and capitalize on future business opportunities.