Joseph Lim 
Alert issued over #RaimonLand results
🤔"RML invested in convertible PNs issued by a co estb'd & op'd in USA, w an interest rate of 10% & due in Aug 2024. In July 2024 e terms & expiry date of e PN were changed.. RML has significant borrowing fr individuals & debentures due within 1 year, total'g 2.7bil baht or 69% of total #liabilities. In Nov 2024, the debentures were sold for only 188mil baht.. #RML is req'd to clarify info thru #SET's #disclosure sys by Dec 25" #KPN 💣⁉️
https://www.bangkokpost.com/property/2922652/alert-issued-over-rmls-financial-records
🤔"RML invested in convertible PNs issued by a co estb'd & op'd in USA, w an interest rate of 10% & due in Aug 2024. In July 2024 e terms & expiry date of e PN were changed.. RML has significant borrowing fr individuals & debentures due within 1 year, total'g 2.7bil baht or 69% of total #liabilities. In Nov 2024, the debentures were sold for only 188mil baht.. #RML is req'd to clarify info thru #SET's #disclosure sys by Dec 25" #KPN 💣⁉️
https://www.bangkokpost.com/property/2922652/alert-issued-over-rmls-financial-records
Alert issued over Raimon Land resiults
<p>The <strong>Stock Exchange of Thailand</strong> (SET) has cautioned investors to study the financial statement of <strong>Raimon Land</strong> Plc (RML) carefully as the luxury real estate developer is required by the bourse to clarify significant information about its third-quarter operating results.</p>