Raimon Land Public Company Limited (RML), a leading developer of luxury and ultra-luxury real estate in Thailand, reinforces its financial discipline and readiness to manage its debt obligations, with the company fully prepared to repay the principal and final interest payment on its secured long-term debentures, Series RML26OA, with an outstanding value of THB 187.50 million, due for redemption on 8 October 2026. The company has already allocated sufficient cash flow and liquidity to fully meet the repayment obligation.
Mr. Worakrit Jongkasemsook, Chief Executive Officer of Raimon Land Public Company Limited, said that RML continues to place strong emphasis on liquidity management and maintaining financial discipline to reinforce confidence among shareholders and investors. The company has consistently maintained a track record of repaying both principal and interest to debenture holders in full and on schedule across all tranches, including having previously managed its liquidity to facilitate early debenture redemptions. This commitment reflects the company's prudent financial planning and effective debt management.
"For the RML26OA debentures, the company has proactively prepared sufficient cash flow and liquidity to ensure the full repayment of principal and interest as scheduled. At the same time, RML remains committed to maintaining financial discipline and managing its financial structure prudently, while continuing to execute its strategic business plans and build confidence among our investors," said Mr. Worakrit.
On the business front, RML continues to expand its portfolio of luxury and ultra-luxury developments, with plans to launch two new projects in super-prime locations: an ultra-luxury villa development in Kamala, Phuket, and a Branded Residences project on Sukhumvit 38, with a combined project value of more than THB 13 billion. The projects are designed to cater to high purchasing-power customers, both Thai and international.
Both projects are being developed with a strong focus on prime locations, privacy, and distinctive design, in line with RML's development philosophy. The company expects the new projects to play an important role in generating sales and cash flow, while supporting long-term business growth and creating sustainable value for shareholders.