Bangkok--21 May--Oasis Media Four Develop House announces today that it will co-organize a grand home building event with its parent company in 2H08. Thanks to its conservative plan, despite oil and construction material price increases, the company is highly confident that it will be able to achieve its sale target of 75 mb implying 25% growth YoY. Mr. Vichai Kongsriong, Managing Director of Four Develop House, discloses today that Thailand’s general macro economic is severely hitted by several uncontrolable factors both internationally and domestically, e.g. rising oil price, which almost hits US$ 130 a barrel currently; increasing construction material prices, e.g. steel, cement, wood, etc.; as well as floating logistic costs. All these inevitable factors have forced Four Develop House to adjust its selling price in this coming early June and to keep close look on current situations in order to manage and promptly solve the problems. In addition to that, this year Four Develop House will also conservatively plan its marketing activities in conjunction with Four Pattana, its parent company, through co-organizing of events, especially the Home Builder 2008 organized by Home Builder Association in August. As part of its “ The Year of 4” campaign, Four Develop House will also give higher emphasis on its marketing communication plan in order to penetrate the market and create higher market awareness. “Since its establishment in mid 2005, we have continuously enjoyed better operating result, while our sale target this year is set at 75 mb implying 25% growth YoY. Despite the unfavorable factors, it is expected that our sales in 1H08 will be around 35 mb and will be able to hit our overall targets since we have a better operating plan this year, e.g. market focus through our own architects, who possess massive skills and experience to give due information, suggestion and consultation; and site visits in order to give our customers the assurance prior to taking their decisions. On top of these, we also closely monitor our projects and strictly control our work-in-progress in order to make sure that we achieve our quality standard in consistence with our parent company’s policy.” said Mr. Vichai. Four Develop House is a subsidiary of Four Pattana, chaired by the industry renowned Mr. Pramote Theerakul, as a well experienced home building company, who “never subcontracts”, in the past 28 years. Four Develop House was set up to capture mainly middle-class market segment, which is currently one of the largest market segment covering those who start to build a new nest at the price range of 3-5 mb. The company has a strict policy to select and use only quality standard workers and craftmanship along with new innovative technology that will save costs and construction time under its “Care in every details” concept including 1. Honestya Sraightforward towards customers, partners, team members and organization 2. Transparency Able to examine and verify in every step 3. Services Speedy follow up both pre and post sales services; 4. Quality Construction Standard craftsmanship that is widely accepted by the public. Further information please contact Oasis Media Co., Ltd Tel. 02-937-4735 Khun Chatchaval Teened / Saranyarat Suwannakham / Piyaporn Chumnien E-mail:[email protected] / [email protected]. , [email protected]