Press Release

RML Joint-venture Agreement with “Tokyo Tatemono” To develop another luxury project on Sukhumvit 38 in Thonglor worth THB 7.5 Billion

5 Mar 2019

Mr.Lionel Lee (2nd from the right), Chief Executive Officer; Sataporn Amornvorapak, Chief Financial Officer (far right) of Raimon Land Plc. (RML), pictured along with Mr.Kazuhiro Betsuno (2nd from the left), Managing Director of Tokyo Tatemono Asia at the joint-venture agreement signing ceremony at Raimon Land PLC Head Office for a new luxury residential development on Sukhumvit Soi 38 near Thonglor BTS station. The joint-venture is to be a 51:49 structure under a newly set up subsidiary company. The development is worth THB 7.5 Billion and targeted to launch within Q4 2019 for the completion in 2023.