‘Ananda’ knocks on the interest rate for 2 bonds with interest rates of 4.60% and 5.80% per year, open for bookings from 7 – 9 March.

Ananda Development Plc. Knock on interest rates for 2 bonds that will be issued and offered to general investors. During March 7-9, 2023, with 1 year, 10 months, 5 days of interest at 4.60% per annum and 2 years, 10 months, 5 days of interest at 5.80% per year, interest payments are made every 3 months. Subscription through 7 financial institutions, including Krung Thai Bank, Kasikorn Bank, CIMB Thai Bank, Asia Plus Securities, Krungthai Xspring Securities, Dao Securities (Thailand) and Yuanta Securities. (Thailand) where the debentures are rated “Investment Grade” by TRIS Rating at “BBB-“, while the Company 2023 revenue target is set to grow 20% from the previous year, revealing to stock up on backlog sales of 12 billion baht, reinforcing investor confidence in the recovery of the real estate business.

Mr. Chanond Ruangkritya, Chief Executive Officer of Ananda Development Public Company Limited or ANAN, the leader of residential development for urban people occupying a leading position in the condominium market next to the mass transit line, revealed that The Company determines the rate of return for name-registered debentures. There are 2 series of unsubordinated, unsecured and debenture holders’ representatives, consisting of 1 year 10 months 5 day bonds, interest rate 4.60% per annum and 2 years 10 months 5 days bonds, 5.80% interest per year. 3 months (except for the last interest period of 1 month and 5 days) which will be offered to general investors and/or institutional investors. During March 7-9, 2023 through 7 financial institutions, including Krung Thai Bank Public Company Limited, Kasikorn Bank Public Company Limited, CIMB Thai Bank Public Company Limited, Asia Plus Securities Company Limited, Krungthai X Securities Company Limited. Spring Company Limited, Dao Securities (Thailand) Public Company Limited and Yuanta Securities (Thailand) Company Limited.

The debentures were rated “BBB-” by TRIS Rating Co., Ltd. on January 27, 2023, and have a “stable” outlook, similar to the company rating. According to TRIS Rating, the debenture credit rating reflects the company’s market position. which is accepted in the condominium product group as well as a significant proportion of revenue from joint venture projects. TRIS Rating expects the company to have a net profit from 2023 onwards.

“We see the direction of the real estate business in 2023 as a year of opportunity. because began to see continuous positive signs since the end of last year Overall, the business tends to grow according to the overall economy. which received positive factors from the tourism sector and related businesses This year, the company has set a revenue target of 14,500 million baht, an increase of regarding 20% from 2022 and a sales target of 18,000 million baht. Waiting to recognize revenue (Backlog), the latest at 12,000 million baht, which will be recognized in 2023, regarding 5,900 million baht, and the rest will be gradually recognized until 2025, which is from a continuous improvement trend. make us believe Investors will be confident and accept investment in Ananda bonds. Definitely like every time before, ”said the Chief Executive Officer of Ananda Plc.

Ananda Development is a real estate development business The entire condominium project Single houses and townhomes in Bangkok and its vicinity The condominium projects will focus on developing on potential locations near BTS stations. to create comfort in the lives of the residents As for single-detached house and townhome projects, Emphasize unique architectural concepts and designs. Responding to the needs of customers in various segments, the company has good and quality products ready to be transferred. on the best location of Bangkok (Blue Chip Location) in every segment And still believes in the potential of condominiums next to the sky train that they are still products that can meet the needs of city people as well. There are ready-to-sell stocks (Inventory) of approximately 45,000 million baht that can support sales to customers immediately. While this year, the company plans to launch 10 new projects worth a total of 21,200 million baht.

For general public interested in investing in Ananda bonds You can ask for more details from the underwriters of the 7 debentures from today onwards as follows:

Krung Thai Bank Public Company Limited Tel. [phone]

Kasikorn Bank Public Company Limited, Tel. (except foreign nationals and juristic persons can subscribe through the head office and branches)

CIMB Thai Bank Public Company Limited, call 02-626-7777 or book online through the CIMB Thai Digital Banking application.

Asia Plus Securities Co., Ltd. Tel. [phone]

Krungthai X Spring Securities Co., Ltd. Tel. [phone]

Dao Securities (Thailand) Public Company Limited Tel. [phone] press 1

Yuanta Securities (Thailand) Co., Ltd. Tel. [phone]