กรุงเทพฯ--30 ก.ย.--Country Group Development PC
Country Group Development (CGD) strengthens its position in the market by moving from the Alternative market to the Stock Exchange of Thailand (SET) (effective 30th September).
“The move to the Stock Exchange of Thailand represents another important milestone in CGD’s trajectory, and comes on a timely basis as we prepare for our launch of the Landmark Waterfront Project later this year. Our transition into the SET not only provides us with greater access to capital markets but is important when it comes to our international real estate deals & partnerships. On behalf of the Board of Directors of CGD, we would like to express our heartfelt thanks to the SET and our shareholders for continued support.” Mr. Ben Taechaubol, CEO of CGD shared his thoughts on the company’s transition.
CGD represents the real estate arm of the Country Group of companies, a multi sector group spanning financial services, funds management, investment management and real estate development. CGD’s present portfolio of projects include Elements Srinakarin, a 13 rai, low rise urban residential property located in Srinakarin with a market value Baht 2.7 billion; Anchorage Point, a data center located in the Docklands area of London, UK, with a market value Baht 1.35 billion and Landmark Waterfront Project, an ultra-luxurious, mixed-use property, situated on an unprecedented 36 rai plot of land along the Chao Phraya River. The latter project will represent the flagship property for CGD, a symbol to Bangkok’s ongoing wider riverfront revitalization, with its two luxury hotels and a 73 story branded residential tower.