Showing 1 - 10 of 25
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.
Strategy for data centres proposed
Business, Suchit Leesa-Nguansuk and Kanana Katharangsiporn, Published on 04/12/2023
» As new international and domestic players are expected to expand data centres in Thailand, the country should prepare policies to cater to rising supply and demand.
Lese-majeste refugee wins stock fraud case
Online Reporters, Published on 01/08/2023
» A British court has ruled in favour of Thai businessman Nopporn Suppipat, who fled the country after facing a lese-majeste charge in 2014, in a case in which he said he was cheated out of billions of baht in the sale of shares in his company.
Drowning in debt
Business, Post Reporters, Published on 19/06/2023
» Household debt has long been a concern for Thailand, impeding consumer spending and hindering economic growth.
Exiled renewable firm founder Nopporn seeks $1.5bn in UK fraud case
Bloomberg, Published on 18/10/2022
» The founder of Thailand’s biggest wind power operator is seeking about $1.5 billion at a London fraud trial over allegations he was pressured to sell a large chunk of the firm just as he faced criminal charges in the country.
Raimon eyes emerging markets to boost income
Business, Kanana Katharangsiporn, Published on 13/05/2022
» SET-listed developer Raimon Land Plc will shift to data centres, branded residential development and low-rise houses to tap emerging markets which will improve its annual revenue.
Raimon Land forges ahead vigilantly during the pandemic crisis
Published on 11/11/2020
» Although some countries have started to recover from the impacts of the COVID-19 pandemic, many others are still under lockdown. The epidemic has not only devastated small businesses but even made large enterprises tremble.
Court dismisses lawsuit against KPN co-founder
Business, Published on 05/11/2020
» Bangkok South Municipal Court has dismissed a lawsuit against Kasem Narongdej, co-founder of KPN Group, one of the defendants in a legal dispute over debt issues, filed by Wind Energy Holding (WEH)'s founder and former owner Nopporn Suppipat.
Mesa Thai gains 21.4% stake in Raimon Land
Business, Published on 12/09/2020
» Investment firm Mesa Thai Pte Ltd has acquired a 21.4% stake in real estate company Raimon Land Plc by acquiring 893 million shares from existing shareholders.