Showing 1 - 10 of 14
Dearth of aircraft stalls launch for Really Cool Airlines
Business, Narumon Kasemsuk, Published on 31/08/2024
» The worldwide aircraft shortage has delayed the launch of Really Cool Airlines in Thailand.
Raimon Land vows to take action against shareholder claims
Business, Post Reporters, Published on 24/08/2024
» SET-listed developer Raimon Land (RML) has confirmed its full compliance with the regulations of the Stock Exchange of Thailand (SET) and the Securities and Exchange Commission (SEC), adding it plans to take legal action against false claims made by a shareholder.
Raimon Land confirms full compliance with SET and SEC regulations
Published on 23/08/2024
» Raimon Land Plc (RML) issued a statement refuting the allegations made by Arthit Narula, a retail shareholder holding 0.34% of the company's shares. RML clarified that it has no connection with the embattled Energy Absolute Plc (EA) or its executives and major shareholders. The statement also referenced RML, Patee Sarasin, the Narongdej family, and Mesa Thai Pte, one of its major shareholders.
RML sets sights on 3,588 Million Baht capital increase
Published on 12/02/2024
» RML (Raimon Land Public Company Limited), Thailand’s leading luxury and ultra-luxury real estate developer, has announced a capital increase of 3,588 million baht from the current 4,172 million baht, bringing the total to 7,760 million baht. Additionally, the company will issue warrants and seek shareholder approval on March 22, 2024, to support sustainable growth, aiming for a turnaround and continuous profit enhancement.
Eight new Thai airlines to debut this year
Bloomberg News and Post Reporters, Published on 02/01/2024
» Eight new Thai airlines are set to start operations this year amid expectations for a sustained recovery in leisure travel to draw about 35 million foreign visitors this year.
Really Cool Airlines aiming to diversify risk
Business, Narumon Kasemsuk, Published on 07/11/2023
» Really Cool Airlines wants to diversify risks by securing non-air ticket revenue of at least 40% of total revenue, while it searches for long-term fundraising via an initial public offering (IPO) in an overseas stock market.
Budget airlines set for struggle amid fierce competition
Business, Narumon Kasemsuk, Published on 19/10/2023
» New low-cost carriers in Southeast Asia may find it more difficult to survive as dominant players could engage in a dumping strategy to protect their market share, while seat resumption for airlines could take 10 years for a full recovery.
Lingering bank worries keep lid on Asian shares
Business, Nuntawun Polkuamdee, Published on 25/03/2023
» RECAP: Asian shares came under pressure yesterday after lingering banking stability concerns gripped Wall Street, while bond markets bet that recent rate hikes by central banks will be among the last of the cycle, allowing for policy relief later in the year.
Nok Air veteran to launch new carrier
Business, Narumon Kasemsuk, Published on 23/03/2023
» Amidst the Thai tourism recovery, airline veteran Patee Sarasin is setting up a new long-haul carrier with venture capital, starting with four wide-body aircraft and a goal of 70% foreign passengers.
ReallycoolGO banking on niche strategy
Business, Narumon Kasemsuk, Published on 16/01/2021
» After starting a new chapter with online travel platform ReallycoolGO in 2018, Patee Sarasin, chief executive of Really Really Cool Co, gradually developed the IT system to help tourism operators in Thailand add more distribution channels.