The Lofts Silom promotion

Book any unit today to receive a Danish-designed furniture voucher from BoConcept value THB 80,000. From now till 30 June 2018.

Register for special privileges please click theloftssilom.com

The Lofts Asoke unveil the new show unit

Book any unit today to receive a Danish-designed furniture voucher from BoConcept value THB 80,000 plus an experience Asoke package value THB 27,000 to let you discover Asoke lifestyle :

• Dining: El Gaucho Argentinian Steakhouse value THB 5,000
• Drinks: Q&A cocktail journey membership value THB 2,000
• Health: Holistic Medical Centre value THB 15,000
• Wellness: Divana massage & spa value THB 5,000
 
From now till 30 June 2018.

Register now to make an appointment please click theloftsasoke.com

Corporate News
Raimon Land joint venture with Tokyo Tatemono

On 19 April 2018, Raimon Land PLC and Tokyo Tatemono join hands in an exclusive joint-venture agreement to develop multiple residential projects in Bangkok. The first 2 hi-end residential projects will be located near BTS Phrom Phong and BTS Surasak with total combined project value over 9 Billion Baht. Raimon Land strongly believes that the projects will resonate with clients’ demand for good locations and quality products. CEO, Mr. Adrian Lee targets revenue of 10-12 Billion Baht in the next 5 years with low D/E not more than 1. This landmark joint venture is which will allow the company to not only grow stronger, but will create invaluable synergies between both companies. Raimon Land strongly believes the JV will benefit not only company but to all stake holders. The joint venture will be 51% owned by Raimon Land PCL. and 49% Tokyo Tatemono Asia Pte Ltd. (TTA), a Tokyo Tatemono subsidiary for its Overseas Business.

For more information visit our website at raimonland.com

Annual General Meeting 2018

On 27 April 2018, Raimon land Plc. held its Annual General Meeting at the Eastin Grand Hotel Sathorn, Bangkok. The shareholders approved the dividend payment from the Company’s retained earnings at the rate of THB 0.0313, or equivalent to THB 111,912,637. The record date for dividend payment is 8 May 2018 and the dividend will be paid on 25 May 2018. The Meeting also approved the issuance of debenture in the amount of not exceeding THB 4.5bn with maturity not exceeding 7 years from the date of issuance. Proceeds from sales of the debenture will be for working capital and for the Company’s new projects expansion.
 
The Company’s plan to record annual revenue of THB 1-1.5bn in the next 5 years (2023) after signing the joint venture agreement with Tokyo Tatemono to develop 2 luxury condominium projects in Sukhumvit and Sathorn, combined project value of THB 9bn.
 
For more details on Investor Relations, please email to ir@raimonland.com

Construction Update
The Lofts Silom

Construction Update as of End of March 2018

Overall progress: 2.90%

  • Structure: 2.90% (mat foundation)
  • Architecture: 0%
  • M&E: 0%
The Lofts Asoke

Construction Update as of End of March 2018: Overall 66.75%

Completed Works: Piling, Soil Protection, Footing, Passenger Lift Pit, Mechanical Car Park Lift Pit, Underground Water Tank work
 
Structural Work:
79.5% Overall Completion. Up to Level 33
 
Architectural & Interior Work:
69.5% Overall Completion. Up to Level 30
 
MEP Work:
75.5% Overall Completion. Up to Level 31
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