Perfect closes deal to sell 2 plots of land, receives 700 million baht in assets

Perfect closes deal to sell 2 plots of land worth 700 million baht, preparing to issue 2 sets of debentures with interest rates of 7-7.25% to be used to pay off debts and as an investment to stimulate sales in the final quarter of the year, revealing that there is high demand for luxury homes, with sales already totaling 3 billion baht.

October 24, 2567 Mr. Wongsakorn Prasitwipat Managing Director Property Perfect Public Company Limited Or PF revealed that in the fourth quarter of 4, the company prepared capital to pay off debts and as working capital in the business by selling 2567 plots of land for a total of 2 million baht.

At the same time, there are also two new bond series for sale to institutional investors and/or major investors, namely:

• Set 1 is an unsecured bond with a term of 1 year and 6 months, interest rate 7.25%, open for subscription 28-30 October 67.
• Set 2: 1 year 9 months guaranteed bonds, 7% interest, open for subscription 4-6 November 67

The collateral assets are condominiums and vacant land at a collateral ratio of 1.3 times the value of the debentures. Both debenture sets pay interest every 2 months.

In the fourth quarter, the company still has a plan to continuously stimulate sales of various projects, focusing on the high-end housing group where there is still real demand for purchasing for living. The company has a variety of products that meet customer needs.

In the past, the company has been able to generate sales from housing projects in the high-end segment totaling more than 3,000 billion baht from projects in 6 brands: Perfect Masterpiece, The Signature, Lake Legend, Vavilia, Penton and Bella Del Monte Khao Yai.

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